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    105 E Grayson St Galax, VA 24333

    For Sale
    $389,900

    COMMERCIAL - Galax, VA

    Property size:
    7,060 SF
    Days on Market:
    24
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 105 E Grayson St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    commercial
    Parking
    1
    Interior features
    Storage
    Size
    7,060 SF

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump
    Water source
    Public

    Building Details

    Year built
    1940
    Floors in Building
    2
    Flooring type
    Wood, Vinyl, Carpet
    Building materials
    Brick, Masonry
    Roof type
    Rolled Hot Mop
    Additional Structures
    Storage

    Gene P. Cox (276) 236-5171 [email protected]

    Listing agent Dedra Lineberry (276) 233-6825

    Listing date Nov 13, 2025

    Copyright © 2025 Southwest Virginia 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.

    Overview

    Downtown Galax Commercial Property

    Located in the historic district of downtown Galax, this commercial property offers approximately 7,110 total square feet, with 2,370 square feet on each of the three levels. The property includes 4,720 square feet of finished space and is situated in a high-traffic location. Currently operating as a salon, the main level features high ceilings and stylish finishes, suitable for various professional or retail uses. The upper level provides finished office space with natural light and flexible floor plans, with the potential to be transformed into two spacious two-bedroom apartments for additional income. The property offers excellent visibility and pedestrian traffic, located near the historic Rex Theatre and Galax City Offices. This property presents an opportunity for business owners or investors to establish a presence in Galax's downtown corridor.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Galax
    County
    Galax
    State
    Virginia
    Longitude
    -80.9249644
    Latitude
    36.6617132

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    FAQs

    What type of property is this?
    Retail space - Prime commercial property in the heart of historic downtown Galax.
    Where is this retail space located?
    The property is located at 105 E Grayson St Galax, VA.
    What is the asking price?
    The asking price for this property is $389,900.
    What are key features of this property?
    This property features: - Prime commercial property in the heart of historic downtown Galax, offering high visibility and pedestrian traffic.; - Approximately 7,110 total sq. ft. with **4,720 sq. ft. of finished space** across three levels.; - Versatile space suitable for retail, professional offices, or residential apartments.
    (276) 233-6825
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    105 E Grayson St Galax, VA 24333
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    Galax, VA 24333
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    105 E Grayson St Galax, VA 24333
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