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401 S Main St
Blacksburg, VA 24060

Clay Court · Multifamily Property For Sale · 47,061 SF

Executive Summary

Fantastic downtown Blacksburg ground floor storefront available now with long-term tenant in place through 2021. Walking distance to downtown Blacksburg and Virginia Tech, and directly adjacent to the 20-acre mixed-use Midtown project, which will provide multiple restaurant and retail storefronts and 200+ residences when complete. Excellent foot traffic and traffic counts for the location, as well as two-levels of residential condos - with a freight elevator - above. Currently built-out to include four dedicated offices, a full kitchen, and two baths, with reception and storage. Take advantage of the opportunity to own a fully-leased commercial space now - tenant (financial services) has indicated that they would like to stay past the expiration of their current lease.

PROPERTY FACTS

No. Units 32
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Low Rise
Building Class C
Building Size 47,061 SF
No. Stories 3
Year Built 2007
Parking Ratio 0.85/1,000 SF
APN / Parcel ID 120736

zoning

Zoning Code GC (General Commercial)
GC (General Commercial)
  • Listing ID: 23375261

  • Date on Market: 6/11/2021

  • Last Updated:

  • Address: 401 S Main St, Blacksburg, VA 24060

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