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    Damascus, VA Residential Income Properties for Sale

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    Laurel Bloomery, TN Meadowview, VA Abingdon, VA
    Turn-Key Restaurant and Rental Units
    $750,000
    3,370 SF
    Turn-Key Restaurant and Rental Units

    409 Fritz St, Damascus, VA 24236

    Restaurant with full bar, separate ice cream shop, and three furnished short-term rentals for an operator-ready setup.
    • Operating restaurant business for 35+ years in the heart of Damascus, VA, with an updated full commercial kitchen
    • Includes a full bar with indoor seating for 38 and outdoor seating for up to 100, plus an outdoor deck for live entertainment
    • Separate ice cream shop building at the front of the property with a walk‑up storefront window and indoor ordering
    • Ice cream shop features large windows, pastel colors, chalkboard art, vintage signs, and a gift shop
    • Three furnished short‑term rental units included, providing an additional income stream
    Updated: Jan 16
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Damascus, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Remodeled Multifamily Near Emory & Henry
    $499,900
    1,988 SF
    Remodeled Multifamily Near Emory & Henry

    Four-unit apartment building near Emory & Henry University.

    31157 Princeton Avenue, Meadowview, VA 24361

    View details
    Triplex with Updated Singlewide Homes
    $219,900
    0.38 Acres
    Triplex with Updated Singlewide Homes

    Three occupied, rented singlewide homes with newer interior and exterior updates, plus decks and a storage building.

    28497 Kenwood Dr, Meadowview, VA 24361

    View details
    RV Park Investment Opportunity
    $129,900
    0.50 Acres
    RV Park Investment Opportunity

    Income-producing RV park with expansion potential in Mountain City.

    177 Hospital Road, Mountain City, TN 37683

    View details
    Income-Producing RV Park Opportunity
    $129,900
    0.50 Acres
    Income-Producing RV Park Opportunity

    Half-acre RV park with expansion potential in Mountain City.

    177 Hospital Road, Mountain City, TN 37683

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Level Lot Near Holston High
    Contact for pricing
    0.39 Acres
    Level Lot Near Holston High

    Level building lot near Holston High School in Damascus, VA.

    Monroe Rd lot: 1, Damascus, VA 24236

    View details
    Scenic Land in Laurel Bloomery
    $182,000
    10.70 Acres
    Scenic Land in Laurel Bloomery

    10+ acre property with mountain views and development potential.

    Highway 91, Laurel Bloomery, TN 37680

    View details
    Prime Land on Jeb Stuart
    $249,000
    2.15 Acres
    Prime Land on Jeb Stuart

    2.15 acres with high visibility and development potential.

    2.15AC Jeb Stuart Hwy lot: 0, Abingdon, VA 24211

    View details
    2.15 Acres on Jeb Stuart Highway
    $249,000
    2.15 Acres
    2.15 Acres on Jeb Stuart Highway

    Exceptional development opportunity between Abingdon and Damascus.

    2.15ac Jeb Stuart Highway, Abingdon, VA 24210

    View details

    Damascus, VA Residential Income Properties Investment Opportunities Market Analysis

    Explore 1 residential income properties for sale in Damascus, VA on our real estate platform. These investment opportunities span a total of 3,370 square feet of properties for sale, with an estimated market value of $750,000.

    Sale prices for residential income properties in Damascus, VA start at $750,000, averaging $750,000, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 1
    Short term rental properties 1

    Demographics Overview

    Population 3,023
    Population Growth (5Y) -4.1%
    Median Household Income $33,846
    College Educated 25.6%

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

    Total CRE Inventory on Market (SF)

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