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Updated Mixed-Use Income Property

948 E Stuart Drive, Galax, VA 24333

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For Sale

$450,000

COMMERCIAL - Galax, VA

Lot size:

0.15 Acres

HighLights

Updated mixed‑use income property in Galax: lower‑level retail is leased for $2,200
Lower‑level retail updates include fresh paint and a new bathroom and kitchen area
Upstairs apartment has its own exterior entrance and is tenant‑occupied on an active lease for $650
Flexible mixed‑use layout provides separate retail and apartment income streams
Built in 1958 with electric heating and a metal roof
Public water service

We can help!

Contact an agent

Jacob Price

For Sale

$450,000

COMMERCIAL - Galax, VA

Lot size:

0.15 Acres

Added:: Jan 27, 2026
Days on Market:: 161
Last Refresh:: Jul 7 at 5:06 am

Property Features for 948 E Stuart Drive

General Information

Property type: Commercial Sale
Property subtype: Other
Bathrooms: 2
Rooms: Bathroom 1, Bathroom 2
Standard status: Active
Lot size: 0.15 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Annual Amount: 2286

Utilities

Heating system: Electric (Heating)
Water source: Public

Building Details

Year built: 1958
Floors in Building: 2
Roof type: Metal

We can help!

Contact an agent

Jacob Price

Listing agent Jacob Price

Listing office YOUR HOME SOLD GUARANTEED REALTY 121 SUBURBAN RD SUITE 101, Knoxville, VA

Listing date Jan 27, 2026

MLS# 11637972

HighLights

Updated mixed‑use income property in Galax: lower‑level retail is leased for $2,200
Lower‑level retail updates include fresh paint and a new bathroom and kitchen area
Upstairs apartment has its own exterior entrance and is tenant‑occupied on an active lease for $650
Flexible mixed‑use layout provides separate retail and apartment income streams
Built in 1958 with electric heating and a metal roof
Public water service

Overview

This updated mixed-use property combines a leased lower-level retail space with an upstairs apartment. The retail portion is currently leased and has been refreshed with new paint, along with updates that include a new bathroom and kitchen area. Upstairs, the apartment is tenant-occupied and has its own exterior entrance, supported by an active lease.

The property is located at 948 E Stuart Drive in Galax, within Galax City, Virginia (24333). It is configured as a flexible single-site setup that accommodates both commercial and residential tenancies.

For investors or buyers looking for existing, income-producing occupancy, this layout supports two separate leasing components under one ownership. The separation of the apartment via its own exterior entrance can simplify day-to-day tenancy management, while the presence of a current retail lease helps provide immediate rental income. The combination of updated retail finishes and a self-contained upstairs residence may appeal to buyers who want a straightforward mixed-use profile with defined commercial and residential spaces.

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Galax
County: Galax
State: Virginia
Longitude: -80.89797
Latitude: 36.679027

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For sale
Mixed-use properties
VA
Galax
24333
948 E Stuart Drive

What type of property is this?

Mixed-use property - Leased lower-level retail plus an upstairs apartment with separate exterior entry for two streams of occupancy income.

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: Updated mixed‑use income property in Galax: lower‑level retail is leased for $2,200; Lower‑level retail updates include fresh paint and a new bathroom and kitchen area; Upstairs apartment has its own exterior entrance and is tenant‑occupied on an active lease for $650

948 E Stuart Drive, Galax, VA 24333

COMMERCIAL - Galax, VA

Property Features for 948 E Stuart Drive

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Industrial Warehouse and Office

Church Building with Parsonage

Galax Multifamily Investment Opportunity

Two-Unit Office Building

Motorcoach Resort Lot with Concrete Pad

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Turn-Key Motorcoach and Cabin Lot

Three-Level Mixed-Use Building

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Historic Commercial Corner Building

Airstream Camper in Big Sky Resort

Motorcoach Resort Premium Pad

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