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Remodeled Mixed-Use Property
For Sale
$420,900

6245 University Park Drive, Radford, VA 24141

Commercial, Radford, VA

Property SizeContact for details
Lot Size0.67 Acres
Days on Market42

Property Features for 6245 University Park Drive

General Information

Property type Commercial Sale
Property subtype Other
Elementary school Riverlawn
Middle school Pulaski County Middle School
High school Pulaski County
Elementary school district Pulaski County
Middle school district Pulaski County
High school district Pulaski County
Directions From Radford, cross Memorial Bridge. Turn on 2nd left on University Park, property on the right.
Subdivision Pulaski County
Standard status Active
Lot size 0.67 Acres

Taxes and HOA fees

Tax Year 2017
Tax Description REV TRACT 2 ''''KING HOUSE''
Tax Annual Amount 1619
Legal Description REV TRACT 2 ''''KING HOUSE''

Utilities

Heating system Heat Pump (Heating)
Cooling system Central Air
Water source Public

Amenities

waiting area
reception
conference room
kitchen

Building Details

Year built 1920
Flooring type Tile - Ceramic, Wood
Building materials Block
Listing Agency: Page & Assoc. Real Estate
Listed By: Nancy Page · License #225043559
Added: Jul 21 Changed: Aug 19 Last Checked: Aug 31 at 7:06AM
MLS# 428089

Copyright © 2026 New River Valley 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.

Investment Insights

Based on property information with market context.

This mixed-use property on 0.67 acres combines a remodeled commercial interior with an upper-level residential configuration. Improvements include the roof, windows, HVAC, plumbing, electrical systems, flooring, cabinets, and appliances. The main level includes a waiting area, reception space, conference room, six potential offices, and a kitchen, while the upper level can accommodate living quarters. A foyer with 9-foot ceilings and original woodwork adds character to the entrance.

The property offers visibility along Lee Highway/Route 11 in the Fairlawn area and is within minutes of Blacksburg, Virginia Tech, Radford University, and Christiansburg. A walk-up attic and full basement provide additional storage, with both interior and exterior basement access. Public water serves the property, and the building includes central air and heat-pump heating.

Key Highlights

  • 0.67‑acre mixed‑use property with remodeled building improvements
  • Main level includes waiting area, reception, conference room, kitchen, and 6 potential offices
  • Upper level provides living‑quarter configuration alongside main‑level business use

Property Analytics

Current Use

Compass Behavioral Group Crisis Center

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Cafe & Coffee Shop Electrical Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

339
Businesses Nearby

Demographics for 24141, VA

20,308
Population
10,043
Households
2
Avg Household Size
34
Median Age
41%
College-Educated
94%
High-School Grad
65.6 sq mi
ZIP Area
310
Density / Sq Mi
$60,503
Median Household Income
$31,330
Median Earnings
$999
Median Rent
$230,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Adaptable two-level layout with office, medical, and residential use potential, plus substantial storage areas.
Where is this mixed-use property located?
The property is located at 6245 University Park Drive Radford, VA.
What is the asking price?
The asking price for this property is $420,900.
What are key features of this property?
This property features: 0.67‑acre mixed‑use property with remodeled building improvements; Main level includes waiting area, reception, conference room, kitchen, and 6 potential offices; Upper level provides living‑quarter configuration alongside main‑level business use
More about this property
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