Updated Mixed-Use Income
For Sale
$444,900
948 E Stuart Drive, Galax, VA 24333
COMMERCIAL - Galax, VA
Property Size2,134 SF
Lot Size0.15 Acres
Price / SF$208.48
Days on Market194
Property Features for 948 E Stuart Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B2
Subdivision
Not In Subdivision
Directions
From downtown Galax VA take S main towards US 58,, right onto E Stuart Dr, drive about 0.6 miles, look for sign on the left. Parking available
Standard status
Active
APN
000014790004 / 29- 8
Size
2,134 SF
Lot size
0.15 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1958
Building materials
Block
Roof type
Metal
Listing Agency:
Your Home Sold Guaranteed Realty
(865) 365-2280
Listed By:
William Naranjo · License #380352
(423) 967-0072
Added: Feb 19
Changed: Aug 4
Last Checked: Sep 1 at 1:06PM
MLS# 9991386
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Investment Insights
Based on property information with market context.
This mixed-use property in Galax, Virginia, features a lower-level retail space and an upstairs apartment, offering multiple income strategies. The retail space is currently leased for $2200 and has been updated with fresh paint, a new bathroom, and a kitchen area. The apartment, which has its own exterior entrance, is tenant-occupied with an active lease for $650. Similar properties in the area are achieving over $1100 per month in rent. The property is located in a prime location in Galax, offering visibility and easy access. The property size is 2134 square feet and the lot size is 0.15 acres. The zoning is B2. This property is suitable for investors seeking immediate income with upside potential.
Key Highlights
- Updated mixed‑use property with immediate income from two active leases.
- Lower‑level retail space is leased for $2200 per month and recently updated.
- Upper‑level apartment has separate entrance and is tenant‑occupied.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
105k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Groceries 27%
Shops & Services 7%
Home Improvements & Furnishings 6%
Food City
Groceries
28,806 visits/mo
0.3 miles
McDonald's
Dining
27,398 visits/mo
0.2 miles
Bojangles' Famous Chicken 'n Biscuits
Dining
12,642 visits/mo
0.2 miles
Harbor Freight Tools
Home Improvements & Furnishings
6,560 visits/mo
0.2 miles
Long John Silver's
Dining
5,824 visits/mo
0.2 miles
Demographics for 24333, VA
17,309
Population
9,029
Households
1.9
Avg Household Size
46
Median Age
16%
College-Educated
83%
High-School Grad
144.9 sq mi
ZIP Area
119
Density / Sq Mi
$47,539
Median Household Income
$34,297
Median Earnings
$713
Median Rent
$135,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with retail and residential income potential.
Where is this mixed-use property located?
The property is located at 948 E Stuart Drive Galax, VA.
What is the asking price?
The asking price for this property is $444,900.
What are key features of this property?
This property features: Updated mixed‑use property with immediate income from two active leases.; Lower‑level retail space is leased for $2200 per month and recently updated.; Upper‑level apartment has separate entrance and is tenant‑occupied.
