8 Lester ST, Martinsville, VA 24112
$895,000
Property Type:
Commercial
Baths:
4
Lot Size (sq. ft.):
21,780
Status:
Active
Current Price:
$895,000
List Date:
11/13/2025
Last Modified:
11/13/2025
Description
Huge opportunity to own this 13,000+ sq ft building on 2 levels at a high traffic location in growing, historic UpTown Martinsville, Virginia. Formerly used by Bank of America and then HomeTown Bank, it is now vacant and available for repurposing. The main level has wide open spaces and large offices. The upstairs consists of several offices and conference rooms. This building can be easily renovated for several uses including retail, office space, or mixed-use with retail or office spaces on the main level and residences on the second level. The large parking lot on 0.5+/- acres makes this property even more valuable. Book your private showing with us or your Buyer Agent today to take advantage of this great opportunity.
More Information MLS# 922700
General Property Description
Lot Dimensions: .50
Construction Status: Completed
Total Acreage: 0.5
Flood Area: No
On site Parking: Yes
Basement Y/N: No
Water Class: N/A
Gross Building SqFt: 13216
Lease Available: Yes
Leaseable SqFt: 13216
Year Built: 1965
Total Bths: 4
Location, Tax & Legal
Major Area: 13 - City of Martinsville
Legal: Lot 131.26 Church St
Tax ID: 33(03)D/01
Annual Taxes: 4270
Zoning Code: C-UB
Area: 1300 - City of Martinsville
Street Number: 8
Street Name: Lester
Street Suffix: ST
State/Province: VA
Zip Code: 24112
Municipality: City of Martinsville
Remarks & Misc
Directions: Building is located at the corner of E Church St and Lester St and fronts E Main St on the back side.
Construction
Brick: 1
Commercial Type
Office: 1
Retail: 1
Business Type
Professional/Office: 1
Other: 1
Sale Includes
Building & Land: 1
Heating
Heat Pump: 1
Natural Gas: 1
Lease Info
Lease Amount: 5000
Gas Included: No
Electric Included: No
Water/Sewer Included: No
Cooling
Electric: 1
Heat Pump: 1
Water Description
Public: 1
Documents Available
Phase One: 1
Sewer Description
Public Sewer: 1
Manufactured Homes
No HUD Tag: 1
Water Heater Energy
Natural Gas: 1
Roof System
Other - See Remarks: 1
Levels
Two: 1
Internet Access
Cable: 1
Floors
Carpet: 1
Vinyl: 1
Topography
Level: 1
Contract Information
Current Price: $895,000
List Price: $895,000
List Date: 2025-11-10
Status: Active
Property Features
Commercial Type: Office; Retail
Business Type: Professional/Office; Other
Sale Includes: Building & Land
Construction: Brick
Roof System: Other - See Remarks
Levels: Two
Heating: Heat Pump; Natural Gas
Cooling: Electric; Heat Pump
Floors: Carpet; Vinyl
Manufactured Homes: No HUD Tag
Water Description: Public
Sewer Description: Public Sewer
Water Heater Energy: Natural Gas
Internet Access: Cable
Documents Available: Phase One
Topography: Level
Listing Office: SOUTHERN VIRGINIA PROPERTIES
Last Updated: November - 13 - 2025
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