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203 N Independence Ave. Independence, VA $ 199,900
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$ 199,900 Get more info
203 N Independence Ave.
$ 199,900
Back to search
Share Save

203 N Independence Ave.

Independence, VA, 24348
$ 199,900
Bedrooms-- Baths-- Sq 4,597

Monthly Estimate*

$ 1,247

203 N Independence Ave., Independence, VA 24348 - Image 1
203 N Independence Ave., Independence, VA 24348 - Image 2
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203 N Independence Ave., Independence, VA 24348 - Image 7
203 N Independence Ave., Independence, VA 24348 - Image 8
203 N Independence Ave., Independence, VA 24348 - Image 9
203 N Independence Ave., Independence, VA 24348 - Image 10
203 N Independence Ave., Independence, VA 24348 - Image 11
203 N Independence Ave., Independence, VA 24348 - Image 12
203 N Independence Ave., Independence, VA 24348 - Image 13
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Commercial Property for sale in Independence, VA

for $199,900. This 4,597 square foot building was built in 1928 on a lot size of 0.28.

REDUCED *TURN-KEY* Previously housed upscale restaurant Roots at Grayson. ALL commercial kitchen equipment in place, pots, pans, serving etc. Unique bar area has “LIVE EDGE” bar tops, handmade wooden bar stools. all glasses, coolers, tables, chairs, & a 6 tap BOTTOMS UP BEER system w/custom designed keg cooler. Toast POS system, 2 order kiosks & 3 ticket printing machines. Be up & running in a matter of weeks!! Occupancy 100 inside + 40 deck seating. Upstairs is1 bdrm/1 bth partially finished apartment, office, shop/workspace & storage area. Renovated 2017 electrical/plumbing upgraded to commercial building code. Endless potential, as restaurant/bar, retail store front or B&B! Front decks & large back deck area w/Gazebo. Next to town square near the 1908 courthouse & busy intersection of Rt.58 & Rt.21(The Crooked Music Trail) in traveling proximity to the New River trail, Grayson Highlands State Park & the Virginia Creeper trail, make this the perfect stop off for food and drinks!

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Commercial Active

Price

$ 199,900

Property Type

Commercial

Taxes

$ 712

Style

Lot Size

0.28

Year Built

1928

Town/City

Independence

County/Region

Grayson

MLS | Web ID

76603
Features
Interior
Interior Amenities Storage Public Restrooms Showroom
Flooring Tile Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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General
Sewer Public Sewer
Heating Heat Pump Ductless Other
Cooling Central Air Ductless
Utilities Cable Available Phone Available Electricity Connected Other
Possession Close Of Escrow
Roof Metal
Zoning Commercial
Security Features Prewired
Construction Materials Brick Masonry
Year Built 1928
Levels Multi/Split
Property Subtype Mixed Use
Tax Year 2019
Current Use Other
Gross Income 399000
County Grayson
Net Operating Income 152000
New Construction N
Property Type Commercial Sale
HOA N
Attached Garage N
Garage Y/N N
Other Structures Additional Structures(None)
Status Active
Directions From the intersections of Highways 21 and 58 in Independence travel North on Hwy 21 for .02 miles and the property is in the red building on the right.
City Independence
MLS Area Independence
Lot Size Units Square Feet
Lot Size Square Feet 12196.8
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 712.25
Showing Instructions Appointment Only Call/Text Listing Agent Call Listing Office Lock Box Vacant
Home Warranty Y/N N
Property Condition Exterior Condition: Very Good Interior Condition: Very Good
Additional Parcels Y/N N
Virtual Tour tour.usamls.net/203-N-Main-Street-Independence-VA-24348/unbranded
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 0
Freehold IDX BBO
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Exterior
Exterior Amenities Loading Docks Other
Parking Features Parking 50+ Spaces
Lot Features City Lot
Water Source Public
Total Parking 50
Lot Size Area 12196.8
Spa N
Building Area Total 4597
Lot Dimensions 0.28
Lot Size Acres 0.28
Waterfront Y/N N
Other Equipment Equipment Leased(None)
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Angela Brown & Associates

Broker

findm4you@gmail.com

Email

Affordability Calculator

$1,306
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,247
Monthly Property Taxes
$59
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1875416 Elementary School
1875515 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/10/2025$199,900 -4.76% Price Down
10/20/2025$209,900 -8.70% Price Down
8/25/2025$229,900 -4.17% Price Down
8/6/2025$239,900 Listed Price

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203 N Independence Ave., Independence, VA, 24348 is a Commercial Property for sale at $199,900 with 4,597 sqft and a lot size of 0.28. 203 N Independence Ave. was built in 1928. The property's zip code is 24348 which is in Independence, VA

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