$364,900

112 Douglas Dr Damascus, VA 24236

Estimated payment $2,058/month

Total Views 2,104
5 Beds
-- Bath
5,400 Sq Ft
$68 Price per Sq Ft

Highlights

  • Wood Frame Window
  • Cooling Available
  • Heating Available

About This Home

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!

Listing Agent

Cynthia Routon

Holston Realty, Inc Brokerage Phone: 4237938109 License #0225243322 Listed on: 03/10/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,480

Year Built

  • Built in 1936

Lot Details

  • 14,810 Sq Ft Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5 Bedrooms
  • 5,400 Sq Ft Home
  • Insulated Windows
  • Wood Frame Window

Parking

  • Gravel Driveway
  • Paved Parking

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Separate Meters
  • Natural Gas Not Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 1 & 1A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,480

Year Built

Built in 1936

Lot Details

0.34 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Road Surface Type: Paved
  • 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.
  • Structure Type: Up & Down
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Appliances: See Remarks
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Flooring: Other
  • Interior Amenities: See Remarks
  • Living Area: 5400
  • Window Features: Insulated Windows, Vinyl, Wood Frames

Exterior Features

  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Block, Vinyl Siding
  • Foundation Details: Concrete Perimeter, Slab
  • Property Condition: Exterior Condition: Fair, Interior Condition: Fair
  • Roof: Shingle

Garage/Parking

  • Parking Features: Garage, Gravel, Paved

Utilities

  • Laundry Features: Other
  • Cooling: See Remarks
  • Cooling Y N: Yes
  • Heating: See Remarks
  • Heating Yn: Yes
  • Electric: Separate Meters, Other-See Remarks
  • Sewer: Public Sewer
  • Utilities: Natural Gas Not Available
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Zoning: C
  • Irrigation Water Rights: No

Multi Family

  • Number Of Units Total: 3
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1480.07
  • Tax Lot: 1 & 1A
  • Tax Map Number: 172B2-4-1
  • Tax Year: 2025

Map

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Tax History

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
2025 $422 $71,100 $30,000 $41,100
2024 $4 $70,400 $25,000 $45,400
2023 $422 $70,400 $25,000 $45,400
2022 $422 $70,400 $25,000 $45,400
2021 $422 $70,400 $25,000 $45,400
2019 $444 $70,400 $25,000 $45,400
2018 $444 $70,400 $25,000 $45,400
2017 $444 $70,400 $25,000 $45,400
2016 $444 $70,400 $25,000 $45,400
2015 $444 $70,400 $25,000 $45,400
2014 $444 $70,400 $25,000 $45,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2026 03/10/26 For Sale $364,900 -- $68 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Southwest Virginia Association of REALTORS®

MLS Number: 109113

APN: 172B2-4-1

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