8 Lester ST, Martinsville, VA 24112
New Listing
$895,000
Property Type:
Commercial
Baths:
4
Lot Size (sq. ft.):
21,780
Status:
Active
Current Price:
$895,000
List Date:
5/04/2026
Last Modified:
5/04/2026
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. Currently being leased with option to buy within 5 years making it a turnkey investment opportunity. Book your private showing with us or your Buyer Agent.
More Information MLS# 927190
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: No
Year Built: 1965
Total Bths: 4
Location, Tax & Legal
Major Area: 13 - City of Martinsville
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: From Rte 220 to Bus Rte 220S. Turn left at E Churst St into Martinsville. Building on left. Front entrance face 8 Lester St
Limited Service
Not Limited Service: 1
Construction
Brick: 1
Commercial Type
Office: 1
Retail: 1
Views
City: 1
Business Type
Professional/Office: 1
Other: 1
Sale Includes
Building & Land: 1
Heating
Heat Pump: 1
Natural Gas: 1
Cooling
Electric: 1
Heat Pump: 1
Water Description
Public: 1
Documents Available
Survey: 1
Sewer Description
Public Sewer: 1
Manufactured Homes
No HUD Tag: 1
Water Heater Energy
Natural Gas: 1
Roof System
Built-up: 1
Levels
Two: 1
Internet Access
Cable: 1
Floors
Carpet: 1
Luxury Vinyl Plank: 1
Vinyl: 1
Topography
Level: 1
Contract Information
Current Price: $895,000
List Price: $895,000
List Date: 2026-05-04
Status: Active
Property Features
Limited Service: Not Limited Service
Commercial Type: Office; Retail
Business Type: Professional/Office; Other
Sale Includes: Building & Land
Construction: Brick
Roof System: Built-up
Levels: Two
Heating: Heat Pump; Natural Gas
Cooling: Electric; Heat Pump
Floors: Carpet; Luxury Vinyl Plank; Vinyl
Manufactured Homes: No HUD Tag
Water Description: Public
Sewer Description: Public Sewer
Water Heater Energy: Natural Gas
Internet Access: Cable
Documents Available: Survey
Topography: Level
Listing Office: SOUTHERN VIRGINIA PROPERTIES
Last Updated: May - 04 - 2026
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