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Updated Mixed-Use Property
For Sale
$450,000

948 E Stuart Drive, Galax, VA 24333

Commercial Sale, Galax, VA

Property SizeContact for details
Lot Size0.15 Acres
Days on Market234

Property Features for 948 E Stuart Drive

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bathroom 1, Bathroom 2
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
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2286

Utilities

Heating system Electric (Heating)
Water source Public

Building Details

Year built 1958
Floors in Building 2
Roof type Metal
Listing Agency: YOUR HOME SOLD GUARANTEED REALTY
Listed By: Jacob Price · License #338140
Added: Jan 27 Changed: Sep 16 Last Checked: Sep 18 at 11:06PM
MLS# 11637972

Copyright © 2026 My State MLS. 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 combines a lower-level retail area with an upstairs apartment, creating distinct commercial and residential components within one asset. Recent updates include fresh paint, a new bathroom, and a kitchen area in the retail portion. The apartment has a separate exterior entrance and is occupied under an active lease.

Located at 948 E Stuart Drive in Galax, Virginia, the property sits on 0.15 acres. Built in 1958, it has a metal roof, public water service, and two bathrooms. The configuration supports an existing income-producing use while retaining a practical layout for continued mixed-use operation.

Key Highlights

  • Mixed‑use layout with lower‑level retail and an upstairs apartment
  • Upstairs apartment has a separate exterior entrance and active lease
  • Retail area updated with fresh paint, a new bathroom, and kitchen area

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop Building Supply Big Box & Wholesale Store Law Firm Real Estate Agency Dental Office

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

1
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

202
Businesses Nearby
105k
Monthly Visits Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combined retail and residential space with separate access for the upstairs apartment.
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 $450,000.
What are key features of this property?
This property features: Mixed‑use layout with lower‑level retail and an upstairs apartment; Upstairs apartment has a separate exterior entrance and active lease; Retail area updated with fresh paint, a new bathroom, and kitchen area
More about this property
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