1026 Main StMarion, VA 24354
- Other commercial real estate
- 1,886 SF
Property Details for 1026 Main St
- Year built
- 1982
- Lot size
- 0.40 AC
- Property size (Sq ft)
- 1,886 SF
- Property type
- Other commercial real estate
- APN
- 227-105-1
- APU
- 2271051
Description
This 1.65 to 1.74-acre commercial lot in Marion, Virginia, presents a remarkable development opportunity. Located at 1026 N Main St, 24354, this fee simple property boasts excellent visibility with approximately 200 feet of road frontage along Marion's busiest street. Its strategic location places it amidst a thriving mix of retail, fast food, and grocery businesses, offering immediate access to a substantial customer base. The property's proximity to Emory & Henry's Life Sciences Facility, Smyth County Hospital, and Ballad Health's Marion location further enhances its appeal. The site's elevated position provides optimal visibility and accessibility. A significant advantage is the anticipated opening of a major grocery store directly across the street, promising increased foot traffic and consumer activity. The ample space allows for the development of a large-scale business, such as a quick-service restaurant (QSR) or other restaurant concept, with sufficient room for ample parking. The property is zoned Commercial General, providing flexibility for a wide range of commercial uses. This vacant land offers an exceptional foundation for a successful business venture in Marion's expanding market. The combination of size, location, visibility, and high foot traffic makes this an unparalleled investment opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $236,840
- Hospitality
- $216,944
- Educational
- $180,495
- Medical
- $186,702
- Retail
- $280,770
Location Insight
- City
- Marion
- County
- Smyth
- State
- Virginia
- Latitude
- 36.824
- Longitude
- -81.5368
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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