Mixed-Use Income Property with
For Sale
$450,000
948 E Stuart Drive, Galax, VA 24333
COMMERCIAL - Galax, VA
Lot Size0.15 Acres
Days on Market187
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
(865) 365-2280
Listed By:
Jacob Price
(865) 365-2280
Added: Jan 27
Changed: Jul 31
Last Checked: Aug 2 at 4:06AM
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 updated mixed-use income property in Galax offers two separate income components. The lower level includes retail space that is currently leased, with recent updates including fresh paint and a new bathroom and kitchen area. Upstairs, there is a tenant-occupied apartment with its own exterior entrance.
The retail space is leased for $2,200 and the upstairs apartment has an active lease for $650, providing immediate rental income. Public remarks also note visibility and easy access in the Galax location.
The layout is flexible, combining retail on the lower level with a separate residential unit above, which can appeal to buyers looking for a property structured for multiple income strategies.
The retail space is leased for $2,200 and the upstairs apartment has an active lease for $650, providing immediate rental income. Public remarks also note visibility and easy access in the Galax location.
The layout is flexible, combining retail on the lower level with a separate residential unit above, which can appeal to buyers looking for a property structured for multiple income strategies.
Key Highlights
- Updated mixed‑use income property in Galax: lower‑level retail is leased for $2,200
- Lower‑level retail updates include fresh paint and a new bathroom and kitchen area
- Upstairs apartment has its own exterior entrance and is tenant‑occupied on an active lease for $650
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
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?
Retail space - Updated mixed-use property features a leased lower-level retail space and a tenant-occupied upper apartment with its own exterior entrance.
Where is this retail space 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: Updated mixed‑use income property in Galax: lower‑level retail is leased for $2,200; Lower‑level retail updates include fresh paint and a new bathroom and kitchen area; Upstairs apartment has its own exterior entrance and is tenant‑occupied on an active lease for $650
