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Mixed-Use Property with Apartment
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948 E Stuart Drive, Galax, VA 24333

Two-level configuration combines commercial space with an upstairs residential unit.

Property Size6,473 SF
Price / SF$69.52
Days on Market216

Property Features for 948 E Stuart Drive

General Information

Standard status Active
Size 6,473 SF
Property subtype Land

Building Details

Year Built 1958
Tenancy Multi
Listing Agency: YOUR HOME SOLD GUARANTEED REALTY
Listed By: Jacob Price · License #338140
Source: Crexi
Added: Jan 27 Changed: Aug 29 Last Checked: Jul 17 at 11:45PM

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 YOUR HOME SOLD GUARANTEED REALTY

Investment Insights

Based on property information with market context.

This mixed-use property, built in 1958, pairs a lower-level retail area with an upstairs apartment. The commercial space has fresh paint, a new bathroom, and a kitchen area. The residential unit has a separate exterior entrance and is occupied under an active lease.

The property is located on E Stuart Drive in Galax, Virginia, providing a combined commercial and residential configuration within one building. Current occupancy includes both the retail space and apartment, with lease arrangements in place.

Key Highlights

  • Lower‑level retail space with fresh paint, new bathroom, and kitchen area
  • Upstairs apartment has its own exterior entrance
  • Apartment is tenant‑occupied with an active lease

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Repair Shop Building Supply Big Box & Wholesale Store Law Firm Real Estate Agency Dental Office

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

202
Businesses Nearby
105k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Groceries 27% Shops & Services 7% Home Improvements & Furnishings 6%
Food City Groceries
28,806 visits/mo 0.3 miles
McDonald's Dining
27,398 visits/mo 0.2 miles
Bojangles' Famous Chicken 'n Biscuits Dining
12,642 visits/mo 0.2 miles
Harbor Freight Tools Home Improvements & Furnishings
6,560 visits/mo 0.2 miles
Long John Silver's Dining
5,824 visits/mo 0.2 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level configuration combines commercial space with an upstairs residential unit.
Where is this mixed-use property located?
The property is located at 948 E Stuart Drive Galax, VA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Lower‑level retail space with fresh paint, new bathroom, and kitchen area; Upstairs apartment has its own exterior entrance; Apartment is tenant‑occupied with an active lease
(865) 454-7828 Call to check price and availability
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