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Remodeled Live-Work Property
For Sale
$420,900

6245 University Park Dr, Radford, VA 24141

Updated commercial property offers office functionality on the main level with living quarters above.

Property Size2,380 SF
Price / SF$176.85
Days on Market18

Property Features for 6245 University Park Dr

General Information

Standard status Active
Size 2,380 SF

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $1,619

Amenities

waiting area
reception
conference room
kitchen
storage

Building Details

Buildings 1
Listing Agency: Page & Associates Real Estate
Listed By: Nancy Page · License #225043559
Source: Exprealty
Added: Jul 23 Changed: Aug 7 Last Checked: Aug 9 at 9:56AM

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 Page & Associates Real Estate

Investment Insights

Based on property information with market context.

This 2,380-square-foot live-work property has been remodeled with a new roof, windows, HVAC, plumbing, electrical, flooring, cabinets, and appliances. The main level is arranged for office or medical use with a waiting area, reception space, conference room, six potential offices, and a kitchen. A foyer with 9-foot ceilings and original woodwork adds a distinctive entry sequence.

The upper level provides living quarters, while a walk-up attic and full basement offer additional storage. The basement has both interior and exterior access. The property is positioned on Lee Highway/Route 11 in the Fairlawn area and is minutes from Blacksburg, Virginia Tech, Radford University, and Christiansburg.

Key Highlights

  • 2,380‑square‑foot live‑work property
  • Remodeled roof, windows, HVAC, plumbing, electrical, flooring, cabinets, and appliances
  • Main level includes waiting area, reception, conference room, 6 potential offices, and kitchen

Property Analytics

Current Use

Compass Behavioral Group Crisis Center

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Cafe & Coffee Shop Electrical Service Grocery & Convenience 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.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

339
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 Office in South region

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

What type of property is this?
Live-work space - Updated commercial property offers office functionality on the main level with living quarters above.
Where is this live-work space located?
The property is located at 6245 University Park Dr Radford, VA.
What is the asking price?
The asking price for this property is $420,900.
What are key features of this property?
This property features: 2,380‑square‑foot live‑work property; Remodeled roof, windows, HVAC, plumbing, electrical, flooring, cabinets, and appliances; Main level includes waiting area, reception, conference room, 6 potential offices, and kitchen
More about this property
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