$275,000
SOLD MAY 13, 2026

112 Douglas Dr Damascus, VA 24236

-- Bed
-- Bath
5,400 Sq Ft
0.34 Acres Lot

Sale Details

Date Sold: May 13, 2026

$51 Per Sq Ft

25% Below List Price

43 Days on Market

Highlights

  • No HOA
  • Level Lot
  • No Heating
  • Paneling

About This Home

As of May 2026

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!)

Last Agent to Sell the Property

Cynthia Routon

Holston Realty, Inc. License #0225243322 Listed on: 03/10/2026

Last Buyer's Agent

Cynthia Routon

Holston Realty, Inc. License #0225243322 Listed on: 03/10/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • 14,810 Sq Ft Lot
  • Level Lot
  • Property is in below average condition

Home Design

  • Fixer Upper
  • Mixed Use
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 5,400 Sq Ft Home
  • Paneling

Schools

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

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 172b2 4 1

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

0.34 Acres

Listing Details

  • 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.
  • Prop. Type: Multi Family
  • Year Built: 1934
  • Property Sub Type: Other
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Other
  • New Construction: No
  • Reso Structure Type: Mixed Use
  • Location Tax Legal Info Parcel ID: 172b2 4 1
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.34
  • General Property Description Zoning2: C-2
  • General Property Description Elementary School3: Rhea Valley
  • General Property Description Middle School2: Damascus
  • General Property Description High School3: Holston
  • General Property Description HOA YN: No
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 0.34
  • TopographyLot Description Level2: Yes
  • Property Condition Fixer: Yes
  • Walls Paneling: Yes
  • Property Condition Below Average: Yes
  • General Property Description Total Units: 2
  • Structure Type Mixed Use: Yes
  • Special Features: None

Exterior Features

  • Property Condition: Below Average, Fixer
  • Acres: 0.34
  • Topography: Level
  • Construction Type: Block, Metal Siding, Vinyl Siding, Other
  • Exterior Finish Vinyl Siding: Yes
  • Exterior Finish Metal Siding: Yes

Utilities

  • Heating: None, See Remarks
  • Sewer: Public Sewer
  • Cooling: None, See Remarks
  • Cooling Y N: No
  • HeatingYN: No
  • Water Source: Public
  • Heating:None7: Yes
  • Heating:See Remarks10: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: C-2
  • Lot Dimensions: 0.34
  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 172b2 4 1

Multi Family

  • Number Of Units Total: 2

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2026
Closed on
May 13, 2026
Sold by
Bought by
Seller's Agent
Cynthia Routon
Holston Realty, Inc.
Buyer's Agent
Cynthia Routon
Holston Realty, Inc.
List Price
$364,900
Sold Price
$275,000
Premium/Discount to List
-$89,900
-24.64%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19013.71%

Purchase Details

Closed on
Jan 18, 2019
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase 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 Type Sale Price Title Company
Deed $275,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
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
05/13/2026 05/13/26 Sold $275,000 -24.6% $51 / Sq Ft
04/22/2026 04/22/26 Pending -- -- --
03/10/2026 03/10/26 For Sale $364,900 -- $68 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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
2025 $306 $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

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9992149

Tennessee/Virginia Regional MLS

APN: 172B2-4-1

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