112 Douglas Drive Damascus, VA $ 364,900
112 Douglas Drive
$ 364,900
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112 Douglas Drive

Damascus, VA, 24236
$ 364,900
Baths0.0 Sq 5,400

Monthly Estimate*

$ 2,247

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Studio

Multi-Family Home for sale in Damascus, VA

for $364,900. This 5,400 square foot home was built in 1934 on a lot size of 0.34.

Position your next venture in the heart of beloved downtown Damascus! This spacious commercial building offers over 5,400 square feet of opportunity on 0.34 acres spanning two commercial lots, giving you the flexibility to bring a wide range of business or investment ideas to life! With a high traffic count and prime in-town location, visibility and accessibility are on your side. This property provides the space, location, and land to think outside the box! Imagine creating the ultimate live-and-work space, where your commute is simply a walk downstairs! If you are looking to start or expand an investment portfolio, the upper level also presents an excellent opportunity to restore the existing apartments for short-term vacation rentals, long-term tenants, or additional office space. Located within walking distance to the Appalachian Trail, the Virginia Creeper Trail, and downtown Damascus--this property is well suited for anyone who loves the outdoors! Damascus is currently a hive of activity with the extensive Virginia Creeper Trail restoration project; hundreds of millions of dollars have been designated to rebuild the well-known trail and improve the surrounding national forest proving that Damascus has a bright future! With its generous footprint, mixed-use potential, and a location in one of Southwest Virginia's most beloved small towns, this property is ready for your vision. Bring your ideas and unlock the possibilities in downtown Damascus! (Photos included of the Virginia Creeper Trail prior to reconstruction, nearby Grayson Highlands State Park, and Appalachian Trail showcase the abundant natural beauty in the surrounding area!)

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Multi-Family Active

Price

$ 364,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,480

Style

Other

Lot Size

0.34

Year Built

1934

Town/City

Damascus

County/Region

Washington

MLS | Web ID

9992149

Features
General
Sewer Public Sewer
Heating None See Remarks
Cooling None See Remarks
Zoning C-2
Architectural Style Other
Construction Materials Block Metal Siding Vinyl Siding Other
Year Built 1934
Topography Level
Property Subtype Other
County Washington
New Construction false
Property Type Multi Family
HOA false
Subdivision Name Not In Subdivision
Status Active
Directions From I-81 Take Exit 19 onto US-58 toward Damascus. Travel 10 miles and bear left onto W Laurel Ave. In 0.5 Miles bear right onto Douglas Drive. Property on left in 90 feet.
High School Holston
City Damascus
Lot Size Units Acres
Lot Size Square Feet 14810.4
Elementary School Rhea Valley
Current Financing None
Middle/Junior High School Damascus
Property Condition Below Average Fixer
Structure Type Mixed Use
Standard Status Active
Conventional true
Vinyl Siding true
Cash true
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Interior
Air Conditioning Y/N false
Heating Y/N false
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 0.34
Building Area Total 5400
Lot Dimensions 0.34
Lot Size Acres 0.34
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* Excluded Features
List By
Cynthia Routon

Listing Agent

Holston Realty, Inc.

Broker

cynthiaroutonrealtor@gmail.com

Email

Affordability Calculator

$2,370
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,247
Monthly Property Taxes
$123
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1875565 Elementary School
1875483 Middle School
Holston High School High School
Pricing History
DatePricePrice ChangeDescription
3/10/2026$364,900 Listed Price

Map


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112 Douglas Drive, Damascus, VA, 24236 is a Multi-Family Home for sale at $364,900 with 5,400 sqft and a lot size of 0.34. 112 Douglas Drive is a studio with 0.0 baths and was built in 1934. The property's zip code is 24236 which is in Damascus, VA