2890 N Franklin ST & 2910, Christiansburg, VA 24073

$2,650,000

Property Type: Commercial Lot Size (sq. ft.): 107,158 Status: Pending

Current Price: $2,650,000 List Date: 2/26/2025 Last Modified: 10/15/2025

Description

Prime development opportunity in the heart of Christiansburg, VA. 2890 & 2910 N Franklin St, two parcels with approximately 2.456 AC located on bustling N Franklin St/Business 460. This site is zoned General Business District B3. The B3 District encompasses a wide variety of commercial uses including retail stores, banks, theaters, business offices, restaurants, garage, and service stations. The property is in a thriving commercial neighborhood. Nearby retail includes major national brands such as Starbucks, KFC, Panera Bread, Burger King, Arby's, Taco Bell, Hardee's, Harbor Freight, Verizon, and more! It is across the street from the newly revamped Marketplace Shopping Center and close to the region's New River Valley Mall. The site has easy access to major highways including...

Supplements: Peppers Ferry Road and US 460, ensuring seamless connectivity and increasing customer reach. Direct access to the property is at a signalized intersection at the front of the property at North Franklin Street and Arbor Road. The Town of Christiansburg is located in Southwest Virginia and is known as the regional retail hub of the New River Valley, Christiansburg is adjacent to Blacksburg, which is home to Virginia Tech. Virginia Tech is one of Virginia's largest university and a leading research university. The 2024 enrollment at VT was approximately 38,000. The student population in the area is also enhanced by Radford University. The population within 5 miles of this site is more than 65,000 which provides a strong base for retail and service businesses.

More Information MLS# 914622

Contract Information

Current Price: $2,650,000 List Price: $2,650,000 List Date: 2025-02-26 Status: Pending

General Property Description

Construction Status: Completed Year Built: 1970 Total Acreage: 2.46 Road Frontage: 210 Traffic Count: 18000 Flood Area: No Gross Lot SqFt: 106984 On site Parking: Yes Lease Available: No Water Class: N/A

Location Legal Taxes

Area: 1000 - Montgomery County Street Number: 2890 Street Direction Pfx: N Street Name: Franklin Street Suffix: ST State/Province: VA Zip Code: 24073 Municipality: Montgomery County

Status Change Info

Ratified Contract Dt: 2025-08-26

Business Type

Type of Business (Historical Field): Retail

Property Features

Limited Service: Not Limited Service Commercial Type: Investment; Land Only; Retail Sale Includes: Building & Land Construction: Cement; Wood Manufactured Homes: No HUD Tag Water Description: Public Sewer Description: Private Sewer Water Heater Type: Tank Views: Mountain(s); Sunrise; Sunset

Listing Office: EDWIN C HALL ASSOCIATES INC

Last Updated: October - 15 - 2025

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2890 N Franklin ST & 2910, Christiansburg, VA 24073 (MLS# 914622)