1200 S Memorial BLVD, Martinsville, VA 24112
$68,000
Property Type:
Commercial
Lot Size (sq. ft.):
70,132
Status:
Closed
Current Price:
$68,000
List Date:
8/25/2025
Last Modified:
11/06/2025
Description
Investment Opportunity on Memorial Blvd! Located on a high-traffic corridor, this property offers just over 4,800 sq ft of space in the main commercial building. The building includes a main level commercial area in need of repairs plus an upstairs apartment for added income potential. Commercial building includes a basement area great for storage or additional workspace. Behind the main structure sits a separate home that has been converted into three apartments, creating multiple rental opportunities on one site. Property is being sold as-is, where-is, with no repairs to be completed by the seller. With updates and vision, this property could be a valuable addition to your investment portfolio. Information taken from tax assessment and/or seller. Buyer/Buyer Agent to verify.
More Information MLS# 920392
General Property Description
Lot Dimensions: 1.61
Construction Status: Completed
Total Acreage: 1.61
Flood Area: No
On site Parking: Yes
Water Class: N/A
Lease Available: No
Year Built: 1946
Location, Tax & Legal
Major Area: 13 - City of Martinsville
Tax ID: 000181700, 000347700, 000183000, 000183100
Annual Taxes: 1320
Zoning Code: C-C
Area: 1300 - City of Martinsville
Street Number: 1200
Street Direction Pfx: S
Street Name: Memorial
Street Suffix: BLVD
State/Province: VA
Zip Code: 24112
Municipality: City of Martinsville
Remarks & Misc
Directions: Starting from uptown Martinsville, take Starling Ave. toward Memorial Blvd take left onto S. Memorial property is located on the right hand side.
Limited Service
Not Limited Service: 1
Construction
Block: 1
Wood: 1
Commercial Type
Office: 1
Business Type
Type of Business (Historical Field): Brammer's Tax Service
Heating
Other - See Remarks: 1
Cooling
Other - See Remarks: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Manufactured Homes
No HUD Tag: 1
Floors
Carpet: 1
Concrete: 1
Tile: 1
Vinyl: 1
Wood: 1
Contract Information
Current Price: $68,000
Sold Price: $68,000
List Date: 2025-08-25
Status: Closed
Status Change Info
Ratified Contract Dt: 2025-09-29
Sold Date: 2025-11-05
Sold Price: $68,000
Property Features
Limited Service: Not Limited Service
Commercial Type: Office
Construction: Block; Wood
Heating: Other - See Remarks
Cooling: Other - See Remarks
Floors: Carpet; Concrete; Tile; Vinyl; Wood
Manufactured Homes: No HUD Tag
Water Description: Public
Sewer Description: Public Sewer
Listing Office: SARVER PROPERTIES LLC
Last Updated: November - 06 - 2025
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