620 N Main St
Blacksburg, VA 24060

Nestled in the vibrant heart of Blacksburg, Virginia, an exceptional commercial retail condo suite is now available for sale. This remarkable property is not only a prime investment opportunity but also a strategic location for future retail endeavors. Currently under an active retail lease, this suite offers immediate rental income, making it an ideal acquisition for investors. The suite next door is also available for sale. Blacksburg, home to a major university, Virginia Tech, boasts a rapidly growing population fueled by a flourishing university and an increasing residential community. The town's dynamic atmosphere is a magnet for businesses, ensuring a steady flow of potential customers. With a location in the highest-traffic area of the university setting, this retail condo suite is perfectly positioned to capitalize on the bustling activity that defines Blacksburg. Investors will appreciate the stability and profitability that come with ownership of this property. The current lease provides a reliable revenue stream, while the prospect of future rent increases and property appreciation enhances the long-term value. The suite's competitive advantage is further bolstered by under-market rents and manageable HOA and maintenance fees, promising continued growth in valuation. Blacksburg's demographics reveal a promising market. The town's population is approximately 44,000, with Virginia Tech contributing significantly to the local economy and culture. Virginia Tech itself enrolls over 37,000 students and employs thousands of faculty and staff, creating a substantial and steady demand for retail services. The university's reputation as a leading research institution attracts visitors, prospective students, and professionals year-round. Beyond investment potential, this retail condo suite offers a unique opportunity for owner-users. Upon the expiration of the current lease, new owners can establish their retail business in one of the most sought-after locations in Blacksburg. The combination of high foot traffic, a growing customer base, and a thriving local economy sets the stage for a successful retail venture. This commercial retail condo suite in Blacksburg, Virginia, represents a premier investment opportunity. With its active lease, strategic location, and promising demographic trends, it offers both immediate income and future growth potential. Whether you are an investor seeking a profitable addition to your portfolio or an entrepreneur looking for a prime retail location, this property stands as an attractive and valuable asset in the ever-growing town of Blacksburg.