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Bedrooms: 0
Full Bathrooms: 0
Half Bathrooms: 0
Type: Multi Family
Sub Type: Other
MLS Number: 9992149
Lot Acreage: 0.34000
Living Area: 0
Year Built:1934
Elementary School: Rhea Valley
Middle School: Damascus
High School: Holston
Public Remarks: 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!)
Listing Courtesy:Holston Realty, Inc.
AC:None11: true
AC:See Remarks11: true
Contract Info:Foreclosure: No
Easements:See Remarks18: true
Exterior Finish:Block5: true
Exterior Finish:Metal Siding: true
Exterior Finish:Vinyl Siding: true
General Property Description:Acres: 0.34
General Property Description:Elementary School3: Rhea Valley
General Property Description:High School3: Holston
General Property Description:HOA YN: No
General Property Description:Lot Dimensions: 0.34
General Property Description:Middle School2: Damascus
General Property Description:Total Units: 2
General Property Description:Zoning2: C-2
Heating:None7: true
Heating:See Remarks10: true
Location Tax Legal Info:City Taxes: 764.98
Location Tax Legal Info:County Taxes: 715.09
Location Tax Legal Info:Deed Book #: 2019
Location Tax Legal Info:Deed Page #: 300
Location Tax Legal Info:Lot #: 1 & 1A
Property Condition:Below Average: true
Property Condition:Fixer: true
Remarks Misc:Directions3: 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.
Remarks Misc:Public Remarks7: 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!)
Sewer:Public Sewer: true
Structure Type:Mixed Use: true
Style:Other53: true
TopographyLot Description:Level2: true
Unit 1:SqFt6: 2460
Unit 2:SqFt5: 2940
Walls:Drywall: true
Walls:Other24: true
Walls:Paneling: true
Water:Public: true