$399,000
PENDING $26K PRICE DROP

101 W Laurel Ave Damascus, VA 24236

Estimated payment $2,295/month

Total Views 12,194
-- Bed
2 Baths
4,543 Sq Ft
$88 Price per Sq Ft

Highlights

  • Newly Painted Property
  • Cooling Available
  • Level Lot
  • No HOA
  • Living Room
  • Heat Pump System

About This Home

Opportunity awaits in the heart of Damascus! This 4,543 sq. ft. multi-use building sits in the direct center of town, offering great visibility and prime advertising exposure along Main Street. With over 2,500 sq. ft. of brand-new concrete flooring, fresh drywall, and new paint throughout, this property is a true blank slate ready to be customized for your vision—whether restaurant, retail, office, residential or mixed-use.

Listing Agent

Canaan Heath

Holston Realty, Inc Brokerage Phone: 4237938109 License #0225243688 Listed on: 10/24/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,679

Year Built

  • Built in 1944

Lot Details

  • 1,742 Sq Ft Lot
  • Level Lot
  • Property is zoned Commercial

Home Design

  • Newly Painted Property
  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall

Interior Spaces

  • 2 Bathrooms
  • 4,543 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Window Treatments
  • Living Room

Schools

  • Rhea Valley Elementary School
  • Damascus Middle School
  • Holston High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 36

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,679

Year Built

Built in 1944

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property Sub Type: Residential Other
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Directions: Traveling North on I-81 Take exit 19 for US 11/US-58 toward Abingdon/Damascus,Turn right onto US-11 N/US-58 E, Pass by McDonald's (on the right), Use the right 2 lanes to turn slightly right onto US-58 E, Pass by Truist (on the right in 10.0 mi), Destination will be on the left
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1944
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: None, Electric Water Heater
  • Basement YN: No
  • Half Bathrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Other
  • Interior Amenities: Newer Paint, Fiber Optic
  • Living Area: 4543
  • Window Features: Insulated Windows, Some Window Treatments
  • Living Room Living Room Level: First

Exterior Features

  • Fencing: None
  • Lot Features: Level
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Brick, Dry Wall
  • Exterior Features: Other
  • Foundation Details: Slab
  • Patio And Porch Features: None
  • Roof: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Rhea Valley
  • High School: Holston
  • Middle Or Junior School: Damascus

Lot Info

  • Lot Size Sq Ft: 1742.4
  • Zoning: Commercial
  • Irrigation Water Rights: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1679.43
  • Tax Lot: 36
  • Tax Map Number: 172B2 A 27
  • Tax Year: 2025

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 -- $188,700 $50,000 $138,700
2025 -- $188,700 $50,000 $138,700
2024 -- $149,000 $40,000 $109,000
2023 -- $149,000 $40,000 $109,000
2022 $0 $149,000 $40,000 $109,000
2021 $0 $149,000 $40,000 $109,000
2019 $0 $149,000 $40,000 $109,000
2018 $0 $149,000 $40,000 $109,000
2017 $0 $149,000 $40,000 $109,000
2016 -- $103,600 $40,000 $63,600
2015 -- $103,600 $40,000 $63,600
2014 -- $103,600 $40,000 $63,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/25/2026 05/25/26 Pending -- -- --
05/24/2026 05/24/26 For Sale $399,000 0.0% $88 / Sq Ft
05/23/2026 05/23/26 Off Market $399,000 -- --
03/10/2026 03/10/26 Price Changed $399,000 -6.1% $88 / Sq Ft
10/24/2025 10/24/25 For Sale $425,000 -- $94 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

Source: Southwest Virginia Association of REALTORS®

MLS Number: 103901

APN: 172B2-A-27

Your Personal Tour Guide

Ask me questions while you tour the home.