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112 Douglas Dr, Damascus, VA 24236

  • $364,900

  • 5

    bed

  • bath

  • 5,400

    Sqft ($68/Sqft)

Multi-family pending
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About 112 Douglas Dr

Property type Multi-family
Neighborhood
Year built 1936
HOA fee $0/month
Lot size 0.34 Acre
Property 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 of the Virginia Creeper Trail prior to reconstruction, nearby Grayson Highlands State Park, and Appalachian Trail depict the abundant natural beauty in the surrounding area!
Listed by
Listing Agent - Cynthia Routon
Listing Agent Contact: 4237938109
Listing Office - Holston Realty, Inc
Source: Southwest Virginia Association of REALTORS® mls logo
MLS#109113 • last updated 2 weeks ago
Movoto checked Southwest Virginia Association of REALTORS® for data 14 minutes ago
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Overview
Cooling/AC See Remarks
Heating See Remarks
Levels/Style Up & Down
Virtual Tour External Link
MLS # 109113
Status Pending
SubType Multi Family
SqFt 5400
Lot Size (Sqft) 14810.4
Lot Size (Acres) 0.34
Property Tax 1480.07
Year Built 1936
Property Condition Exterior Condition: Fair, Interior Condition: Fair
Interior
Total # of Bedrooms 5
Laundry Other
Flooring Other
Appliances See Remarks
Interior Features See Remarks
Fireplace None
Window Features Insulated Windows, Vinyl, Wood Frames
Exterior
Foundation Concrete Perimeter, Slab
Roof Shingle
Construction Block, Vinyl Siding
Parking Garage, Gravel, Paved
Amenities / Utilities
Water Source Public
Location
Waterfront None
Area Damascus
Elementary School Rhea Valley
Middle School Damascus
High School Holston
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.
Multifamily Details
Total # of Units 3
Lot/ Land Details
Road Surface Paved
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6/10
8/10
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Source: GreatSchools.org © 2026. All rights reserved.

Around Damascus

Explore everything this neighborhood has to offer.
33/100
Walk
68/100
Family
7/100
Dining
60/100
Pet
  • Real Estate
  • VA
  • Washington County
  • Damascus
  • 24236
  • 112 Douglas Dr

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