Property Listing No Longer Available for Sale

1001 S Memorial Boulevard & 937-939 Starling Avenue

Martinsville, VA

Retail for Sale - $900,000 - 17,630 Sq. Ft. on 164 acres


Property Info

CIMLS#464116
Location
  1001 S Memorial Boulevard & 937-939 Starling Avenue
  Martinsville VA 24112
UpdatedApril 2nd, 2014
TypeRetail
Price$900,000
Building17,630 Sq. Ft.
Land164 acres

Property Description

Rental Property

Small Strip Mall and Corner Lot with current tenants

3 Brick Buildings and 1 Metal Building

Totaling 17,630 SF on lots totaling 1.64 AC

#937 Building - 6438 SF on 9680 SF lot

1-Story Brick with Full Basement

#939 Building - 8744 SF on 24,910 SF lot

2-Story Brick with Full Basement

Built 1936

#1001 Building - 2448 SF on 36,978 SF lot

1-Story Brick (1680 SF) and 1-Story Metal (768 SF)

Built 1964, Remodeled 1976

Property can be separated and sold individually

Public Water and Sewer

Zoning: C-1A

Located at highly visible signalized intersection of Memorial Boulevard (US220 Business) and Starling Avenue.

At the South entrance to the City of Martinsville, with an AADT of 28,000.

Within 4 miles of the entrance of NASCAR's Martinsville Speedway which seats up to 60,000 race fans that travel from up to 100s of miles away to visit the racetrack and patronize areas lodging and recreational facilities. The city of Martinsville and the surrounding Henry County Virginia, as well as nearby Danville and Roanoke, VA and Greensboro, NC greatly benefit from the influx of tourists to the two NASCAR Nextel cup races as well as other events at the racetrack and to the popular and highly traveled Blue Ridge Parkway, that winds its way through the Appalachian Mountains.

Within an hour drive to Roanoke and Danville, VA and Greensboro, NC. Two small private airstrips nearby, the Blue Ridge Regional Airport in Spencer, VA and Pace Airport in Ridgeway, VA. Within an hour to Roanoke Regional Airport in Roanoke, VA and Piedmont Triad International Airport in Greensboro, NC.

For more information about the Martinsville Speedway, please clink on the link below:

www.martinsvillespeedway.com


Financials