Mixed-Use Property with
For Sale
$275,000
110 Redwood Drive, Raven, VA 24639
Commercial Sale, Raven, VA
Property Size3,616 SF
Price / SF$76.05
Days on Market80
Property Features for 110 Redwood Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
10
Exterior features
Rain Gutters
Lot features
Located in County, Plat Recorded
Directions
From HWY 19/460 at Claypool Hill Follow 460 West approx. 9 miles to the intersection of Rt.'s. 460 and ST HWY 806 (Raven Rd). Turn Left on to 806. Take first R onto Redwood Drive. Building fronts Hwy 460.
Subdivision
Tazewell County
Standard status
Active
Size
3,616 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
0.4818 acre lot Raven
Tax Annual Amount
1246
Legal Description
0.4818 acre lot Raven
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1985
Flooring type
Tile
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
Fortune Realty of Richlands
(276) 964-6507
Listed By:
Ramona Simmons · License #0225058750
(276) 971-1078
Added: Jun 4
Changed: Aug 22
Last Checked: Aug 22 at 10:06AM
MLS# 98284
Copyright © 2026 Southwest Virginia 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 3,616-square-foot mixed-use property combines an automotive service component with seven residential rental units. The commercial improvement measures more than 1,600 square feet and includes three service bays, storage, a heated office, and a half bath. Equipment remains in place, with no warranty provided. The residential component consists of six apartments of varying sizes, including units of approximately 384 square feet, plus a singlewide mobile home. All seven units are currently rented, and the property is offered as one combined asset rather than for separate sale.
Constructed in 1985, the property has metal siding and a metal roof, along with tile flooring and central or heat-pump heating and cooling. Public water and public sewer serve the improvements. Located at 110 Redwood Drive in Raven, Virginia, the property also includes rain gutters and cable availability.
Constructed in 1985, the property has metal siding and a metal roof, along with tile flooring and central or heat-pump heating and cooling. Public water and public sewer serve the improvements. Located at 110 Redwood Drive in Raven, Virginia, the property also includes rain gutters and cable availability.
Key Highlights
- 3,616‑square‑foot mixed‑use property with commercial and residential components
- Three‑bay automotive service garage exceeding 1,600 square feet, with storage
- Seven rented residential units: six apartments plus one singlewide mobile home
Property Analytics
Property Profile
Current Use
Lease Details
3
Service bays
7
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
Explore this area
Business Placement
Demographics for 24639, VA
3,099
Population
1,673
Households
1.9
Avg Household Size
47
Median Age
25%
College-Educated
81%
High-School Grad
48.0 sq mi
ZIP Area
65
Density / Sq Mi
$43,380
Median Household Income
$36,474
Median Earnings
$692
Median Rent
$107,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Combined commercial and residential improvements include a service garage, rental units, and public utilities.
Where is this mixed-use property located?
The property is located at 110 Redwood Drive Raven, VA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 3,616‑square‑foot mixed‑use property with commercial and residential components; Three‑bay automotive service garage exceeding 1,600 square feet, with storage; Seven rented residential units: six apartments plus one singlewide mobile home
