Mixed-Use Property with
For Sale
Contact for pricing
Pending
1116 Grove Ave, Radford, VA 24141
Five residential units accompany the restaurant, including efficiency, one-bedroom, and two-bedroom layouts near Radford University.
Property SizeContact for details
Days on Market143
Property Features for 1116 Grove Ave
General Information
Standard status
Pending
Property subtype
Retail
Units
Unit Mix
1 x efficiency, 2 x 1BR, 2 x 2BR
Multifamily Units
5
Building Details
Tenancy
Multi
Listing Agency:
Long & Foster Blacksburg, VA
Listed By:
Dawn Myers · License #VA
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 3:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Long & Foster Blacksburg, VA
Investment Insights
Based on property information with market context.
This mixed-use property combines a restaurant component with five residential apartments, creating a diversified commercial and residential configuration. The apartment inventory includes one efficiency unit, two one-bedroom units, and two two-bedroom units.
Located in Radford, Virginia, the property is within walking distance of Radford University. The address is 1116 Grove Ave, providing a defined location for a combined restaurant and multifamily operation.
Located in Radford, Virginia, the property is within walking distance of Radford University. The address is 1116 Grove Ave, providing a defined location for a combined restaurant and multifamily operation.
Key Highlights
- Mixed‑use property with a restaurant and 5 residential apartment units
- Apartment mix includes 1 efficiency, 2 one‑bedroom, and 2 two‑bedroom units
- Within walking distance to Radford University
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
558
Businesses Nearby
Explore this area
Business Placement
Demographics for 24141, VA
20,308
Population
10,043
Households
2
Avg Household Size
34
Median Age
41%
College-Educated
94%
High-School Grad
65.6 sq mi
ZIP Area
310
Density / Sq Mi
$60,503
Median Household Income
$31,330
Median Earnings
$999
Median Rent
$230,000
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 - Five residential units accompany the restaurant, including efficiency, one-bedroom, and two-bedroom layouts near Radford University.
Where is this mixed-use property located?
The property is located at 1116 Grove Ave Radford, VA.
What are key features of this property?
This property features: Mixed‑use property with a restaurant and 5 residential apartment units; Apartment mix includes 1 efficiency, 2 one‑bedroom, and 2 two‑bedroom units; Within walking distance to Radford University
