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Mixed-Use Property with Separate Dwelling
New
For Sale
$445,000

1124 Tower Rd, Galax, VA 24333

Commercial Sale, Galax, VA

Property Size3,953 SF
Price / SF$112.57
Days on Market4

Property Features for 1124 Tower Rd

General Information

Property type Commercial Sale
Property subtype Other
Parking 50
Interior features Public Restrooms
Exterior features Rain Gutters, Lighting
Lot features Located in County, Landscaped
Directions From exit 14 Hillsville VA, turn right onto US 58 continue for 8.9 miles, turn left onto country club Ln, go 1. miles continue straight onto Tower Rd 0.9, turn right onto property
Subdivision Galax
Standard status Active
Size 3,953 SF

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2670

Utilities

Sewer type Septic Tank
Heating system Central, Heat Pump (Heating)
Cooling system Heat Pump
Water source Public

Amenities

multiple restrooms
classrooms or flexible rooms

Building Details

Year built 1970
Flooring type Vinyl, Carpet, Concrete
Building materials Brick
Roof type Metal
Listing Agency: Galax Realty Group
Listed By: Jessica Leonard
Added: Sep 27 Changed: Sep 28 Last Checked: Sep 30 at 8:06AM
MLS# 112086

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.

The property combines a 3,953-square-foot brick commercial building with a separate 1,200-square-foot brick dwelling. The commercial space includes multiple restrooms and several classrooms or flexible rooms, plus a newer AC and heat-pump system. It was formerly used as a church and senior daycare. The home has 2 bedrooms and 2 bathrooms, with potential to reconfigure it as a 3-bedroom residence.

Fifty paved parking spaces serve the property. The listing reports no zoning restrictions. Public water and septic service are present.

Key Highlights

  • 3,953‑square‑foot brick commercial building
  • Separate 1,200‑square‑foot brick dwelling with 2 bedrooms and 2 bathrooms
  • 50 paved parking spaces

Property Analytics

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Current Use

Churches & religious facilities

Suggested Use

Top Pick Auto Parts Store Kitchen & Bath Showroom Grocery & Convenience Store Florist Auto Repair Shop Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

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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Frequently Asked Questions

What type of property is this?
Mixed-use property - A brick commercial building and a detached two-bedroom home provide distinct spaces for business and residential use.
Where is this mixed-use property located?
The property is located at 1124 Tower Rd Galax, VA.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: 3,953‑square‑foot brick commercial building; Separate 1,200‑square‑foot brick dwelling with 2 bedrooms and 2 bathrooms; 50 paved parking spaces
More about this property
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