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115 S Main St Galax, VA $ 425,000
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$ 425,000 Get more info
115 S Main St
$ 425,000
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115 S Main St

Galax, VA, 24333
$ 425,000
Bedrooms-- Baths-- Sq 4,056

Monthly Estimate*

$ 2,683

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Commercial Property for sale in Galax, VA

for $425,000. This 4,056 square foot building was built in 1930 on a lot size of 0.0764.

Exceptional mixed-use investment opportunity featuring versatile commercial space on the ground level with two beautifully renovated apartments above. This commercial unit offers excellent visibility and flexibility for retail, office, or service-based businesses, making it ideal for owner-operators or investors alike. Upstairs, both apartments have been fully renovated and come completely furnished with stylish finishes, creating a turnkey rental potential with private parking. This income-producing property combines commercial functionality with residential charm, offering multiple revenue streams in one desirable package. Perfect for investors seeking strong cash flow, Airbnb potential, or a live/work opportunity.

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Commercial Contingent

Price

$ 425,000

Property Type

Commercial

Taxes

$ 1,224

Style

Mixed Use

Lot Size

0.0764

Year Built

1930

Town/City

Galax

County/Region

Galax City

MLS | Web ID

110433
Features
General
Sewer Public Sewer
Heating Central Heat Pump
Cooling Central Air
Utilities Electricity Connected Other
Possession Close Of Escrow
Roof Rubber
Zoning B2
Construction Materials Block Brick Masonry
Year Built 1930
Property Subtype Mixed Use
Tax Year 2025
County City of Galax - Out of County
Property Type Commercial Sale
Status Active Contingency
Directions From the intersection of Hwy 58 W and Rt 89 in Galax. Travel Rt 89 S for 0.4 miles. The property is on the left.
City Galax
MLS Area Galax
Lot Size Units Square Feet
Lot Size Square Feet 3328
Tax Annual Amount 1224.52
Property Condition Exterior Condition: Very Good Interior Condition: Very Good
Virtual Tour tour.usamls.net/115-S-Main-St-Galax-VA-24333/unbranded
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active Under Contract
Tax Lot 270
Freehold IDX BBO
Other Structures Additional Structures(None)
Contingency Financing
Current Use Retail Other
Gross Income 20000
Net Operating Income 18000
Levels Multi/Split
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Interior
Flooring Wood
Air Conditioning Y/N true
Heating Y/N true
Window Features Skylight(s)
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Parking 1+ Spaces
Lot Features City Lot
Water Source Public
Total Parking 1
Lot Size Area 3328
Building Area Total 4056
Lot Size Acres 0.0764
Other Equipment Equipment Leased(None)
Lot Dimensions 128 x 26
Frontage Length Road Frontage Feet: 26
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* Excluded Features
List By
Morton Realty & Auction

Broker

jamie@mortonrealty.com

Email

Affordability Calculator

$2,785
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,683
Monthly Property Taxes
$102
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/5/2026$425,000 Listed Price

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115 S Main St, Galax, VA, 24333 is a Commercial Property for sale at $425,000 with 4,056 sqft and a lot size of 0.0764. 115 S Main St was built in 1930. The property's zip code is 24333 which is in Galax, VA

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