201 South Main ST, Blacksburg, VA 24060
$1,325,000
Property Type:
Commercial
Lot Size (sq. ft.):
26,572
Status:
Closed
Current Price:
$1,325,000
List Date:
2/14/2024
Last Modified:
5/15/2025
Overview
Description
ABSOLUTE AUCTION (Live & Online March 28, 11am) Valuable Real Estate Development Opportunity in a prime downtown Blacksburg, VA location. Approved Real Estate Redevelopment Plan for Restaurant & 7 townhouses along S. Main, Lee & Church St. on .61± Ac. Approved Certificate of Appropriateness/Redevelopment Plan, Rehabilitation of Kelsey House (for a restaurant) & construction of 7 townhomes all within walking distance to Virginia Tech Campus! The 3200±SF 1.5-Story historic home is approved for a restaurant located directly on S. Main St. Entry level has 2075± SF with walls & frame gable ends with half-timber decorative trim & exposed rafter ends. Upper level is 1130±SF space can be used as a private event room. See floor plan layout under Documents for more info. Rear of the property along
Supplements: ... (Read more)
Listing Details MLS# 904986
Location, Tax & Legal
- Area
- 1000 - Montgomery County
- Street Number
- 201
- Street Name
- South Main
- Street Suffix
- ST
- State/Province
- VA
- Zip Code
- 24060
- Municipality
- Montgomery County
- Major Area
- 10 - Montgomery County
- Legal
- Corner Lee & Main St
- Tax ID
- 002612, 002611
- Annual Taxes
- 3293
General Property Description
- Construction Status
- Completed
- Year Built
- 1945
- Total Acreage
- 0.61
- Flood Area
- No
- On site Parking
- Yes
- Gross Building SqFt
- 3200
- Lease Available
- No
- Basement Y/N
- Yes
- Water Class
- N/A
Status Change Info
- Ratified Contract Dt
- 2024-03-29
- Sold Date
- 2024-05-07
Business Type
- Type of Business (Historical Field)
- Retail
Remarks & Misc
- Directions
- From I-81 in Christiansburg: Exit 118 C-B-A, to ramp to US11/US460 to B-burg/C-burg; Straight on US460 W for 5mi & use exit 5AB. Go R on ramp for US-460BusE/W to B-burg, & on US460W/S. Main 3mi. On R
More Information
Limited Service
- Not Limited Service
- Yes
Construction
- Brick
- Yes
- Stucco
- Yes
- Wood
- Yes
Commercial Type
- Investment
- Yes
- Retail
- Yes
Sale Includes
- Building & Land
- Yes
Heating
- None
- Yes
Cooling
- None
- Yes
Water Description
- Public
- Yes
Documents Available
- Survey
- Yes
- Tobacco Alotment
- Yes
Sewer Description
- Public Sewer
- Yes
Manufactured Homes
- No HUD Tag
- Yes
Water Heater Type
- Tank
- Yes
Water Heater Energy
- Electric
- Yes
Roof System
- Shingle
- Yes
Internet Access
- Other, See Remarks
- Yes
Floors
- Wood
- Yes
Property Features
Limited Service:
Not Limited Service
Commercial Type:
Investment; Retail
Sale Includes:
Building & Land
Construction:
Brick; Stucco; Wood
Roof System:
Shingle
Heating:
None
Cooling:
None
Floors:
Wood
Manufactured Homes:
No HUD Tag
Water Description:
Public
Sewer Description:
Public Sewer
Water Heater Type:
Tank
Water Heater Energy:
Electric
Internet Access:
Other, See Remarks
Documents Available:
Survey; Tobacco Alotment
Listing Office:
WOLTZ & ASSOCIATES
Last Updated: May - 15 - 2025
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