Mixed-Use Retail Apartment
For Sale
$399,900
106-108 N Main Street, Galax, VA 24333
Leased retail space with multiple apartments across two upper units, plus shared laundry and storage in a full basement.
Property SizeContact for details
Days on Market49
Property Features for 106-108 N Main Street
General Information
Standard status
Active
Property subtype
Commercial
Zoning
commercial
Occupancy
100%
Additional Details
Multifamily Units
4
Amenities
Rent at this time is discounted on two of the renter for taking care of the building as owner is out of state. There are no leases at this time for apartments. Only one side of the retail buildings is rented as the other is being updated. Income and expenses per owner.
898
Retail, Other
1925
984
Located in City Limits, Seller Will Not Divide
Carpet, Vinyl, Wood
3388
Central, Electric
Central Air, Mini Split, Other
See Remarks
Good
Rolled/Hot Mop
Public Sewer
Public
Cable Available
28x121
Masonry
Brick
Parking 1+ Spaces
28
Building Details
Stories
2
Listing Agency:
Kyle Realty, Inc.
Listed By:
Thomas Delp
(276) 733-9539
Source:
Kyle-realty.idxbroker
Added: Jul 16
Changed: Aug 13
Last Checked: Sep 2 at 1:21PM
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 Kyle Realty, Inc.
Investment Insights
Based on property information with market context.
This mixed-use building includes a first-floor retail unit and three additional apartments. The first-floor retail space features two entrances, along with a bathroom and office space, and is currently leased for dog grooming. Also on the first floor is a one-bedroom apartment. The upper level contains two one-bedroom apartments and one two-bedroom apartment, all currently rented.
The property is located on N Main Street in Galax, with directions indicating it is on the right when traveling south on Main Street (VA-89). A city parking area is located across the alley.
Additional building features include a laundry room and a large storage area for renters on the second floor, a full basement for storage, and a quiet covered sitting area at the back. The main floor has central heat and air, while the apartments have individual heat and window air conditioning.
The property is located on N Main Street in Galax, with directions indicating it is on the right when traveling south on Main Street (VA-89). A city parking area is located across the alley.
Additional building features include a laundry room and a large storage area for renters on the second floor, a full basement for storage, and a quiet covered sitting area at the back. The main floor has central heat and air, while the apartments have individual heat and window air conditioning.
Key Highlights
- 3,388 SF masonry retail property with leased retail space and three upper apartments (two 1BR and one 2BR) plus a 1BR on the first floor
- Retail dog grooming space includes a bathroom and office; retail has two entrances and is currently rented with both sides used by the same tenant
- Full basement provides storage for the property
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
536
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Leased retail space with multiple apartments across two upper units, plus shared laundry and storage in a full basement.
Where is this quadplex located?
The property is located at 106-108 N Main Street Galax, VA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 3,388 SF masonry retail property with leased retail space and three upper apartments (two 1BR and one 2BR) plus a 1BR on the first floor; Retail dog grooming space includes a bathroom and office; retail has two entrances and is currently rented with both sides used by the same tenant; Full basement provides storage for the property
