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
Contract Information
Current Price: $895,000
List Price: $895,000
List Date: 2026-05-04
Status: Active
General Property Description
Construction Status: Completed
Year Built: 1965
Lot Dimensions: .50
Total Acreage: 0.5
Flood Area: No
On site Parking: Yes
Gross Building SqFt: 13216
Lease Available: No
Basement Y/N: No
Total Bths: 4
Water Class: N/A
Location Legal Taxes
Area: 1300 - City of Martinsville
Street Number: 8
Street Name: Lester
Street Suffix: ST
State/Province: VA
Zip Code: 24112
Municipality: City of Martinsville
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
All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.
