118 S Main ST Pending

Blacksburg,VA 24060

$ 4000000

- Bed

- Bath

20568 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 20,568 sqft

Price per Sqft $194

MLS Listing ID 419716

Year Built 1962

Annual Tax Amount $23,426

Tax Year 2023

Lot Size 0.920 Acres

Property Description

Exceptional central position on Main Street, ensconced in the lively heart of downtown Blacksburg. A distinctive opportunity awaits to secure a parcel of approximately 0.92 acres, with frontage on three bustling thoroughfares. Capitalize on the advantage of Downtown Commercial zoning within an Opportunity Zone. This property is versatile, whether acquiring the existing building and parking or exploring its potential for development. Strategically positioned next to a public parking deck, it's just a stone's throw from the Virginia Tech campus, surrounded by an array of restaurants and vibrant nightlife?all within a few blocks' reach. Additionally, envision the potential for this space as an ideal location for a new bar or club.

Location

State VA

County Montgomery

Area Blacksburg (In Town Limits)

Interior

Heating Forced Air-Gas

Cooling Central

Exterior

Garage Private Over 10

Building

Sewer Public System

Water Public Water

Schools

Elementary Schools Margaret Beeks

Middle Schools Blacksburg

High Schools Blacksburg

School District Montgomery County

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