Commercial Realty
BROKERAGE PROPERTIES

EXCELLENT REDEVELOPMENT OPPORTUNITY

700 N Memorial Boulevard
Martinsville, VA 24112
EXCELLENT REDEVELOPMENT OPPORTUNITY

Highly Visible Retail Center located at the Five-Way Intersection of Memorial Boulevard (Highway 220 Business), Church and Fayette Streets providing excellent business opportunities as the entrance to the Uptown area of the City of Martinsville.

Geographical center of Martinsville and Henry County with a daily traffic count of 25,700 AADT (Memorial Blvd 12,000 + Fayette Street 8800 + Church Street 4900).

Anchored by a 11,340 SF Family Dollar Store, with another tenant occupying 3,442 SF. Available are 7,375, 3,600, 3,400 and 2,700 SF spaces.

A Stand Alone 1,800 SF Building previously used as a Day Care Center is also on the property.

Martinsville Middle School is located just behind the property.

The total property consists of +/- 7 AC with 258 Parking Spaces.

Road Frontage on Memorial Boulevard is 622 Ft.

Zoned C3

Within 1/2 mile of Wal-Mart Supercenter and Lowe's Home Improvement, and within 2.5 miles of the Village of Martinsville.

Near many retail and office sites including Restaurants, Hotels, Banks, Fast Food Restaurants, Convenience Stores / Gas Stations, Drug Stores, and Auto Parts Stores.

Also near the Industrial Park, which includes many large employers, and Local Institutions of Higher Learning, Patrick Henry Community College and New College Institute.

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.

Sale Price: $1,500,000
For more information contact Jim Barnett, CCIM
EXCELLENT REDEVELOPMENT OPPORTUNITY
EXCELLENT REDEVELOPMENT OPPORTUNITY
EXCELLENT REDEVELOPMENT OPPORTUNITY
EXCELLENT REDEVELOPMENT OPPORTUNITY
Property Type: retail
Property Status: available