About This Home
This 0-bedroom, 2-bathroom commercial at 948 E Stuart Drive in Galax, VA is listed for $450,000. Built in 1958, on a 0.15 acres lot.
Key Features
- Built in 1958
- 0.15 acre lot
- 2 stories
Property Details
Updated Mixed-Use Income Property in Galax! Lower-level retail space is leased for $2200 and updated with fresh paint and a new bathroom and kitchen area. The apartment upstairs has its own exterior entrance and is tenant-occupied with an active lease for $650 (similar properties achieving over $1100 per month in rent), providing instant income.
Flexible mixed-use layout allows multiple income strategies and strong future cash flow. Prime Galax location with visibility and easy access. Perfect for investors seeking immediate income with upside potential.
Monthly Cost Estimate
$2,407/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
948 E Stuart Drive
Galax, VA 24333
Property Details
Heating
Questions & Answers
This 0-bedroom, 2-bathroom commercial at 948 E Stuart Drive is listed at $450,000. The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1958, 0.15 acre lot, 2 stories.
This property is listed by Jacob Price and can be reached at 865-365-2280.
