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Galax, VA Storefront Properties for Sale

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Fries, VA Woodlawn, VA Independence, VA Ivanhoe, VA Fancy Gap, VA Ennice, NC Lowgap, NC Hillsville, VA
Three-Level Downtown Commercial Building
Updated: Jul 1
Three-Level Downtown Commercial Building

105 E Grayson St, Galax, VA 24333

$350,000
7,060 sqft
Approx. 7,110 total SF commercial building with 3 levels and 4,720 SF finished space
Main level features high ceilings and suitable space for professional or retail uses
Upper level includes finished office space with natural light and flexible floor plans
Potential to convert upper level to two 2‑bedroom apartments (per listing remarks)
Built in 1941 with brick/masonry construction; roof is rolled hot mop
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Updated Mixed-Use Income Property
Updated: Feb 18
Updated Mixed-Use Income Property

948 E Stuart Drive, Galax, VA 24333

$444,900
2,134 sqft 0.15 AC lot
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
Electric heating; metal roof
Public water source
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Mixed-Use Building with Retail and Apartments
Mixed-Use Building with Retail and Apartments

115 S Main St, Galax, VA 24333

$425,000
4,056 sqft

Ground-floor commercial space with two fully renovated furnished apartments above, plus private parking.

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Mixed-Use Retail Apartment Building
Mixed-Use Retail Apartment Building

106-108 N Main Street, Galax, VA 24333

$399,900

Leased retail space with multiple apartments across two upper units, plus shared laundry and storage in a full basement.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Galax, 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.

Dollar General Storefront
Dollar General Storefront

277 Copeland School Rd, Dobson, NC 27017

$2,375,000
9,100 sqft

New construction Dollar General on a true NNN lease with corporate guarantees and rent increases starting in 2026.

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Downtown Elkin Commercial Property ForSale
Downtown Elkin Commercial Property ForSale

112 Church Street, Elkin, NC 28621

$1,200,000
0.23 AC lot

Stabilized commercial property in Downtown Elkin with reliable cash flow.

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Historic Downtown Elkin Commercial Property
Historic Downtown Elkin Commercial Property

101 E Main Street, Elkin, NC 28621

$949,999

Refurbished commercial building with potential for restaurant, retail, or mixed-use.

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Income-Generating Commercial Property For Sale
Income-Generating Commercial Property For Sale

105 Llewellyn Street, Dobson, NC 27017

$489,000

Turnkey investment property with four established businesses and high visibility.

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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.

Commercial Lot by St Clair Creek
Commercial Lot by St Clair Creek

St Clair Creek Rd, Chilhowie, VA 24319

Contact for pricing
0.36 AC lot

Commercial lot with potential for redevelopment by St Clair Creek.

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Redevelopment Commercial Land Site
Redevelopment Commercial Land Site

2140 ROANOKE Street, Christiansburg, VA 24073

$425,000
0.46 AC lot

Vacant general business parcel with rough grading, a planned 2,000 SF building footprint, and parking for commercial redevelopment.

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Commercial Land Near University Parkway
Commercial Land Near University Parkway

6560 University Parkway, Rural Hall, NC 27045

$40,000
0.76 AC lot

0.76-acre commercial land parcel near University Parkway and I-74.

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Ashland Land Near Hatfield-McCoy Trails
Ashland Land Near Hatfield-McCoy Trails

5685 Cherokee Road, Ashland, WV 24868

Contact for pricing

Three adjacent lots in ATV tourism hub with development potential.

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Galax, VA Storefront Properties Market Trends and Statistics

Explore 4 storefront properties for sale in Galax, VA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 13,250 square feet of properties for sale, with an estimated market value of $1,619,800.

Sale prices for retail units in Galax, VA start at $350,000, averaging $404,950, and reaching up to $444,900 — 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

Storefront properties 4
Shopping centers 3
Drug stores 1

Demographics Overview

Population 18K
Population Growth (5Y) +0.6%
Median Household Income $47,539
College Educated 21.7%

High-Yield Neighborhoods for Investment

Identify Galax submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
24333 $382.7K

Taxes & Financing

Tax Rate (average for all types) 0.94%
Property Tax per SF $15.62 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Galax city

New Delisted

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