Updated Mixed-Use Income
948 E Stuart Drive, Galax, VA 24333
- Added:
- Jan 27, 2026
- Days on Market:
- 113
- Last Refresh:
- May 20 at 2:06 pm
Property Features for 948 E Stuart Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Parking features
- Garage
- Standard status
- Active
- APN
- 000014790004 / 29- 8
- Size
- 2,134 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2286
Utilities
- Heating system
- Electric (Heating)
Building Details
- Year built
- 1958
- Year renovated
- 1958
- Floors in Building
- 2
- Roof type
- Metal
- Architectural style
- Other
Listing agent Jacob Price (865) 365-2280
Listing office YOUR HOME SOLD GUARANTEED REALTY 121 SUBURBAN RD SUITE 101, Knoxville, VA (865) 365-2280
Listing date Jan 27, 2026
MLS# 11637972
Listing URL
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.
HighLights
- Lower‑level retail space is leased for $2200 after updates including fresh paint, new bathroom and kitchen.
- Upstairs apartment is tenant‑occupied with an active lease providing instant income.
- Significant rental upside: Similar apartments achieving over $1100/month while current lease is $650.
- Flexible mixed‑use layout allows multiple income strategies.
- Prime Galax location with visibility and easy access.
- Metal roof.
Overview
This updated mixed-use property in Galax, Virginia, features a lower-level retail space that is currently leased for $2200. The retail space has been updated with fresh paint, a new bathroom, and a kitchen area. The upstairs 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 offers a flexible mixed-use layout that allows for multiple income strategies and strong future cash flow. It is located in a prime location in Galax with visibility and easy access. The property has a lot size of 0.15 acres and a property size of 2134 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Galax
- County
- Galax
- State
- Virginia
- Longitude
- -80.8979574
- Latitude
- 36.6790381
Nearby Similar for Sale
FAQs
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 $450,000.
What are key features of this property?
This property features: Lower‑level retail space is leased for $2200 after updates including fresh paint, new bathroom and kitchen.; Upstairs apartment is tenant‑occupied with an active lease providing instant income.; Significant rental upside: Similar apartments achieving over $1100/month while current lease is $650.
