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Mixed-Use Building with Retail and Apartments
For Sale
$425,000

115 S Main St, Galax, VA 24333

Ground-floor commercial space with two fully renovated furnished apartments above, plus private parking.

Property Size4,056 SF
Price / SF$104.78
Days on Market93

Property Features for 115 S Main St

General Information

Standard status Active
Size 4,056 SF

Taxes and HOA fees

Annual Taxes $1,224
Listing Agency: Morton Realty & Auction
Listed By: Jamie Keatley · License #0225231071
Source: Exprealty
Added: Jun 5 Changed: Sep 4 Last Checked: Sep 4 at 10:54AM

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 Morton Realty & Auction

Investment Insights

Based on property information with market context.

This mixed-use property combines versatile ground-floor commercial space with two fully renovated apartments on the upper level. The commercial unit is designed to support a range of retail, office, or service-based uses, and the upstairs residences have been completed with stylish finishes and are offered completely furnished.

Located at 115 S Main St in Galax, VA, the building is set up for owner-operators or investors looking for multiple income streams within one structure. The two apartments include private parking as described in the property remarks, adding practicality for day-to-day tenant use while keeping the setup straightforward for combined residential and commercial occupancy.

Key Highlights

  • Mixed‑use property with ground‑floor commercial space and two apartments above
  • Both apartments are fully renovated and come completely furnished
  • Ground‑floor space is suited for retail, office, or service‑based businesses

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Skin Care Clinic Storage Facility (Bike/Boat/Book/etc) 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

468
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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Ground-floor commercial space with two fully renovated furnished apartments above, plus private parking.
Where is this live-work space located?
The property is located at 115 S Main St Galax, VA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Mixed‑use property with ground‑floor commercial space and two apartments above; Both apartments are fully renovated and come completely furnished; Ground‑floor space is suited for retail, office, or service‑based businesses
More about this property
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