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Mixed-Use Property with 3 Apartments
For Sale
Contact for pricing
Pending

1126 W Main St, Radford, VA 24141

Street-level commercial space accompanies three residential units with separate HVAC and tenant-paid utilities.

Property SizeContact for details
Days on Market142

Property Features for 1126 W Main St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: RE/MAX 8 Blacksburg
Listed By: Desi Sowers · License #VA 0225088705
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 11:54PM

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 RE/MAX 8 Blacksburg

Investment Insights

Based on property information with market context.

Located at 1126 W Main St in Radford, this mixed-use property combines street-level commercial space with three apartments. Each apartment includes two bedrooms, one bathroom, appliances, and a washer and dryer. Separate HVAC systems serve the individual residential units, which also have heat pumps and tenant-paid utilities.

The property is 2.4 miles from I-81 and near Radford City municipal offices, the courthouse, post office, and Radford University. Long-term tenants occupy all units, and the apartments are configured for independent utility arrangements and in-unit laundry.

Key Highlights

  • Mixed‑use configuration with street‑level commercial space and 3 apartments
  • Each apartment has 2 bedrooms, 1 bathroom, appliances, and a washer/dryer
  • Separate HVAC systems and heat pumps serve each residential unit

Property Analytics

Current Use

Mike's Handyman Service Hardware & Home Improvement Inspector-Mike Real Estate Agency Latino's Taste Restaurant

Suggested Use

Top Pick Law Firm Storage Facility Furniture & Home Goods Grocery & Convenience Store Computer & Electronic Repair Building Supply

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

473
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level commercial space accompanies three residential units with separate HVAC and tenant-paid utilities.
Where is this mixed-use property located?
The property is located at 1126 W Main St Radford, VA.
What are key features of this property?
This property features: Mixed‑use configuration with street‑level commercial space and 3 apartments; Each apartment has 2 bedrooms, 1 bathroom, appliances, and a washer/dryer; Separate HVAC systems and heat pumps serve each residential unit
(540) 320-1328 Call to check price and availability
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