360 Arbor DR NE, Christiansburg, VA 24073
$3,700,000
Property Type:
Commercial
Baths:
27
Lot Size (sq. ft.):
145,490
Status:
Closed
Current Price:
$3,700,000
List Date:
10/09/2018
Last Modified:
9/22/2024
Overview
Description
This 3.34 acre parcel is conveniently located minutes from Virginia Tech University, in the heart of the thriving commercial development at the intersection of Rt 460 and Peppers Ferry Road, the epicenter of commerce for the New River Valley. Surrounded by various uses including hotel, restaurants, entertainment, office space and shopping. All infrastructure in place including, electric, water, sewer, natural gas and storm water management.. Property is highly visible from 460 bypass. Currently used as retail investment property (20,000+ square feet) with cash flowing leases and an operating daycare (14,500 square feet) licensed for up to 200 children. Zoned B-3, General Business. Rear buildings are partially solar-powered. Highest and best uses, hotel site, restaurant, mixed use.
Listing Details MLS# 853125
Location, Tax & Legal
- Area
- 1000 - Montgomery County
- Street Number
- 360
- Street Name
- Arbor
- Street Suffix
- DR
- Street Direction Sfx
- NE
- State/Province
- VA
- Zip Code
- 24073
- Municipality
- Montgomery County
- Major Area
- 10 - Montgomery County
- Legal
- ARBOR VIEW PLANT PH XII LOT 32-A
- Tax ID
- 406- 8 32A
- Annual Taxes
- 25511
- Zoning Code
- B3
General Property Description
- Construction Status
- Completed
- Year Built
- 1995
- Total Acreage
- 3.34
- Flood Area
- No
- On site Parking
- Yes
- Parking Spaces
- 140
- Gross Building SqFt
- 35384
- Retail SqFt
- 20884
- Office SqFt
- 14500
- Lease Available
- Yes
- Basement Y/N
- Yes
- Total Bths
- 27
- Water Class
- N/A
Status Change Info
- Ratified Contract Dt
- 2019-03-22
- Sold Date
- 2019-08-23
Business Type
- Type of Business (Historical Field)
- Retail, Office
Miscellaneous Info
- Ceiling Height
- 20
More Information
Remarks & Misc
- Directions
- From Route 460 take Peppers Ferry Road exit. Turn R on Arbor Drive. Property on R.
Limited Service
- Not Limited Service
- Yes
Construction
- Block
- Yes
- Dryvit Type
- Yes
- Metal Siding
- Yes
- Wood
- Yes
Commercial Type
- Office
- Yes
- Retail
- Yes
Sale Includes
- Building & Land
- Yes
Heating
- Heat Pump
- Yes
Cooling
- Heat Pump
- Yes
Water Description
- Public
- Yes
Documents Available
- Appraisal
- Yes
- Survey
- Yes
Sewer Description
- Public Sewer
- Yes
Manufactured Homes
- No HUD Tag
- Yes
Floors
- Carpet
- Yes
- Concrete
- Yes
- Tile
- Yes
Additional Features
- Indust Refrigeration
- Yes
- Other - See Remarks
- Yes
Topography
- Level
- Yes
Property Features
Limited Service:
Not Limited Service
Commercial Type:
Office; Retail
Sale Includes:
Building & Land
Construction:
Block; Dryvit Type; Metal Siding; Wood
Heating:
Heat Pump
Cooling:
Heat Pump
Floors:
Carpet; Concrete; Tile
Manufactured Homes:
No HUD Tag
Additional Features:
Indust Refrigeration; Other - See Remarks
Water Description:
Public
Sewer Description:
Public Sewer
Documents Available:
Appraisal; Survey
Topography:
Level
Listing Office:
LYONS TEAM, REALTORS®
Last Updated: September - 22 - 2024
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