5+ Days Ago
Highlights
- Conference rooms
- Large parking lot
Location
8 Lester St, Martinsville, VA 24112, USA
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Property Overview
Located in a prime area, this property features large conference rooms and ample parking, enhancing its functionality for various uses. It is conveniently positioned near top-rated schools, with the nearest elementary school just 0.75 miles away, and both middle and high schools only 0.28 miles away. Additionally, the extensive photo collection showcases the property effectively, while its value per square foot ranks in the top percentile within the region, signifying strong investment potential.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- High school nearby
- Middle school nearby
Great for
Social life
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 8 Lester St
Property Status: Active 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. Book your private showing with us or your Buyer Agent today to take advantage of this great opportunity. Office Phone: (276) 299-2166 Copyright © 2025 Martinsville, Henry, Patrick Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 8 Lester St compares to other nearby properties.
Positives
- More space
- Studio is 11002 sqft larger than other listings nearby
- High school nearby
- There is a high school 0.3 mile away
- Middle school nearby
- There is a middle school 0.3 mile away
- Elementary school nearby
- There is an elementary school 1 mile away
- Images Available
- There are at least 10 photos of this address
Address details
| Zip code | 24112 |
|---|---|
| Type | House for rent |
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Rent trends in Martinsville
studio apartments at 8 Lester St cost about 344% more than the average rent price for studio apartments in Martinsville.
Median rents as of Nov 29 2025.
Martinsville
| Month | Median Rent |
|---|---|
| January 2025 | $793 |
| May 2025 | $850 |
| June 2025 | $831 |
| July 2025 | $1,100 |
| August 2025 | $979 |
| September 2025 | $865 |
| October 2025 | $778 |
| November 2025 | $975 |
Affordability calculator
Can I afford to live at 8 Lester St?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$200,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $200,000 annually to afford this studio monthly rent price of $5,000.
For more information on rent affordability, visit our rent calculator.
Schools near 8 Lester St
Patrick Henry Elementary School
1810 church st ext
martinsville, VA, 24112
K-5Public
C
Clearview Early Childhood Center
800 ainsley st
martinsville, VA, 24112
PKPublic
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Internet available near 8 Lester St
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Martinsville near 8 Lester St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 8 Lester St, Martinsville
Groceries
6/10
At least one supermarket within a 20-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Nightlife
4/10
Some bars within walking distance
Compare properties in Martinsville, VA
- dogs and cats ok
- on-site laundry
- air conditioning
- dogs and cats ok
- on-site laundry
- air conditioning
- dogs and cats ok
- on-site laundry
- air conditioning
- dogs and cats ok
- on-site laundry
- air conditioning
- dogs and cats ok
- on-site laundry
- air conditioning
- dogs and cats ok
- on-site laundry
- air conditioning
- dogs and cats ok
- on-site laundry
- air conditioning
- dogs and cats ok
- on-site laundry
- air conditioning
- dogs and cats ok
- on-site laundry
- air conditioning
- dogs and cats ok
- on-site laundry
- air conditioning
- dogs and cats ok
- on-site laundry
- air conditioning
- dogs and cats ok
- on-site laundry
- air conditioning
- dogs and cats ok
- on-site laundry
- air conditioning
- dogs and cats ok
- on-site laundry
- air conditioning
- dogs and cats ok
- on-site laundry
- air conditioning
- dogs and cats ok
- on-site laundry
- air conditioning
Check availability
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