Damascus VA Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
5,440
Status:
Active
Beds:
n/a
Lot size:
0.38 Acres
Year built:
2007
Baths:
MLS#:
9968802
Subdivision:
Not In Subdivision

ADDITIONAL INFORMATION

Amazing building of over 5000 sq ft and situated on the Creeper Trail and Laurel Creek!! Locations like this do not come along very often, so this is a rare opportunity! The closest entrance to the Creeper Trail is just a short distance to add to its desirability. Currently, the Virginia Creeper Lodge offers the best of many investment worlds. The main level consists of one 2-bedroom unit currently rented at $850/mo and three studio units. Two of the studios are actively rented for $750 and the 3rd will be filled for this amount as of August 1. The rear of the main level offers a private, covered deck for relaxation and access to the community laundry room. Photos offer pics of a studio unit which has been virtually staged & the two bedroom. Unlimited options with this main level. They could continue to be month to month rentals or market as lodging suites. Maybe live and operate on site to maximize revenue. Minimal modifications needed to tweak and suite your business model. Upstairs is a massive deck overlooking the Creeper Trail and Laurel Creek. Great for all social occasions and enjoyment of serenity and nature. The main entrance to the lodging units is located here. A large community area for relaxation or TV watching occupies half the area while a full kitchen and oversize custom table is perfect to gather and enjoy a meal or interact with other guests. There are six, double queen rooms for nightly rental options. Each room has more than ample space and large baths for guest comfort. Four of the rooms are on this second level with a beautiful walkway providing access for two additional. Perfect for retreats or group functions!! Being operated as a lodge and rentals for many years but now needs the dedication to take it to the next level. River front properties are a high commodity and this marque building in Damascus offers that rare opportunity for the savvy buyer. Call today for your private viewing to witness all this gem has to offer!

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Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

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Damascus Real Estate

The median home value in Damascus, VA is $214,000. This is higher than the county median home value of $203,200. The national median home value is $338,100. The average price of homes sold in Damascus, VA is $214,000. Approximately 36.53% of Damascus homes are owned, compared to 37.9% rented, while 25.57% are vacant. Damascus real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Damascus real estate agent to arrange a tour today!

Damascus, Virginia has a population of 666. Damascus is less family-centric than the surrounding county with 20.38% of the households containing married families with children. The county average for households married with children is 25.39%.

The median household income in Damascus, Virginia is $30,139. The median household income for the surrounding county is $54,737 compared to the national median of $69,021. The median age of people living in Damascus is 47.5 years.

Damascus Weather

The average high temperature in July is 83.5 degrees, with an average low temperature in January of 22.2 degrees. The average rainfall is approximately 45.8 inches per year, with 12.4 inches of snow per year.

Damascus Real Estate Market Conditions

  • Median sales price

    $214,000
    22.5% change since last quarter
  • # Active listings

    10
    30-day change

Damascus Schools and Demographics

Education near Damascus, VA

Metric City County
High School Graduates 93.4 87.89
College Degree - 2 year 9.8 9.84
College Degree - 4 year 20.6 24.65
Graduate Degree 6.4 6.35
Expenditures per Student 11,401 11,401
Students per Teacher 11.7 11.7

Elementary Schools near Damascus, VA

School Grades Students P/T Ratio ZIP
Chilhowie Elementary School PK - 05 606 18.2 24319
Meadowview Elementary School PK - 05 647 17.3 24361
Rhea Valley Elementary School PK - 05 456 14 24361
Watauga Elementary School PK - 05 572 15.7 24211

Middle Schools near Damascus, VA

School Grades Students P/T Ratio ZIP
Chilhowie Middle School 06 - 08 322 13.2 24319
Damascus Middle School 06 - 08 242 12.2 24236
Glade Spring Middle School 06 - 08 295 13.2 24340

High Schools near Damascus, VA

School Grades Students P/T Ratio ZIP
Chilhowie High School 09 - 12 437 13.8 24319
Holston High School 09 - 12 299 12.4 24236
Patrick Henry High School 09 - 12 412 13.9 24340

Demographics near Damascus, VA

Metric City County
Neighborhood Type Small town
Population 666 53,997
Population Density 836 96
Median Age 47.5 46.6
People per Household 2 2.4
Median Household Income 30,139 54,737
Average Income per Capita 26,752 30,771