Updated Mixed-Use Income
For Sale
$444,900
948 E Stuart Drive, Galax, VA 24333
COMMERCIAL - Galax, VA
Property Size2,134 SF
Lot Size0.15 Acres
Price / SF$208.48
Days on Market165
Property Features for 948 E Stuart Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Directions
From downtown Galax VA take S main towards US 58,, right onto E Stuart Dr, drive about 0.6 miles, look for sign on the left. Parking available
Standard status
Active
Size
2,134 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2286
Utilities
Heating system
Electric (Heating)
Water source
Public
Building Details
Year built
1958
Floors in Building
2
Roof type
Metal
Listing Agency:
YOUR HOME SOLD GUARANTEED REALTY
(865) 365-2280
Listed By:
Jacob Price
(865) 365-2280
Added: Feb 18
Changed: Jul 2
Last Checked: Aug 2 at 2:06AM
MLS# 11658717
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This updated mixed-use property includes a lower-level retail space and an apartment on the upper level, arranged to support separate, concurrent income streams. The lower-level retail is currently leased and has been refreshed with fresh paint, along with a new bathroom and kitchen area. The upstairs apartment is tenant-occupied under an active lease and has its own exterior entrance.
Located at 948 E Stuart Drive in Galax, Virginia (24333). The layout is designed for flexible mixed-use operation, with an exterior entrance serving the upstairs unit and a separate retail level below.
For investors or owner-operators seeking a property that already has both components in place, this configuration offers immediate, hands-on management opportunities across two different spaces. The retail improvements and updated apartment entrance provide a practical foundation for maintaining both units, while the separate access can help reduce friction between tenants. If you’re evaluating mixed-use properties for an income strategy that combines retail and residential living, this building’s two-level arrangement and existing leases are the primary considerations.
Located at 948 E Stuart Drive in Galax, Virginia (24333). The layout is designed for flexible mixed-use operation, with an exterior entrance serving the upstairs unit and a separate retail level below.
For investors or owner-operators seeking a property that already has both components in place, this configuration offers immediate, hands-on management opportunities across two different spaces. The retail improvements and updated apartment entrance provide a practical foundation for maintaining both units, while the separate access can help reduce friction between tenants. If you’re evaluating mixed-use properties for an income strategy that combines retail and residential living, this building’s two-level arrangement and existing leases are the primary considerations.
Key Highlights
- Mixed‑use property in Galax with leased lower‑level retail space
- Lower‑level retail leased for $2,200/month with fresh paint and a new bathroom and kitchen area
- Upstairs apartment with its own exterior entrance, tenant‑occupied on an active lease for $650/month
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
105k
Monthly Visits Nearby
Explore this area
Business Placement
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
Properties on Market for Mixed-use properties in Galax
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level mixed-use property with leased lower-level retail and a tenant-occupied apartment with its own exterior entrance.
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 $444,900.
What are key features of this property?
This property features: Mixed‑use property in Galax with leased lower‑level retail space; Lower‑level retail leased for $2,200/month with fresh paint and a new bathroom and kitchen area; Upstairs apartment with its own exterior entrance, tenant‑occupied on an active lease for $650/month
