Multifamily
(Other)
112 Douglas Dr, Damascus, VA 24236
Other
FOR SALE
Price: $364,900
Price Per ft²: $67.57
List Date: 2026-03-10
DOM:
0
City Tax: $765 County Tax: $715
City Tax: $765 County Tax: $715
Year Built: 1934 pre-1978 Homes
Total Area: 5,400 ft² (Finished & Unfinished)
Heating: None, See Remarks Cooling: None, See Remarks Water & Sewage: Public
Description
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!)
Community Information
- Geographical
- County: Washington
- Subdivision:
- Zoning: C-2
- School System
- Rhea Valley Elementary
- Damascus Middle
- Holston High
Interior
Exterior
Exterior Finish: Block, Vinyl Siding, Metal Siding
Photos
Listing by
Holston Realty, Inc.
