495, 501 Piedmont ST, Blacksburg, VA 24060
New Listing
$950,000
Property Type:
Commercial
Lot Size (sq. ft.):
106,722
Status:
Active
Current Price:
$950,000
List Date:
5/20/2026
Last Modified:
5/20/2026
Overview
Description
Unique Downtown Blacksburg development opportunity, within walking distance to VT, made possible by the NEW ZONING ORDINANCE 2053, By Rights development of SMALL LOTS in the R-4 districts. The properties include 2 cottage homes and 2 lots. The cottages are well maintained and offer a generous rental income; the assembling of these properties resulted in a total of 2.45 acres which exceeds the minimum 2 acres for the small lot subdivision zoning amendment approved in November 2024. Perfect opportunity to be a part of the plan to fill the gap between large-lot single family and dense apartment complex, providing more townhomes, duplexes, and cottage homes. For more information see zoning sec. 3043.
Listing Details MLS# 927710
Location, Tax & Legal
- Area
- 1000 - Montgomery County
- Street Number
- 495, 501
- Street Name
- Piedmont
- Street Suffix
- ST
- State/Province
- VA
- Zip Code
- 24060
- Municipality
- Montgomery County
- Major Area
- 10 - Montgomery County
- Tax ID
- 018450
- Annual Taxes
- 1971.66
General Property Description
- Construction Status
- Completed
- Year Built
- 1940
- Total Acreage
- 2.45
- Flood Area
- No
- On site Parking
- Yes
- Lease Available
- Yes
- Water Class
- N/A
Lease Info
- Lease Terms
- Month to Month
Remarks & Misc
- Directions
- Clay St to right on to Piedmont, at the end of street.
Limited Service
- Not Limited Service
- Yes
More Information
Construction
- Vinyl
- Yes
Commercial Type
- Investment
- Yes
Business Type
- Other
- Yes
Heating
- Heat Pump
- Yes
Cooling
- Heat Pump
- Yes
Water Description
- Public
- Yes
Sewer Description
- Public Sewer
- Yes
Manufactured Homes
- No HUD Tag
- Yes
Levels
- One and One Half
- Yes
Floors
- Wood
- Yes
Property Features
Limited Service:
Not Limited Service
Commercial Type:
Investment
Business Type:
Other
Construction:
Vinyl
Levels:
One and One Half
Heating:
Heat Pump
Cooling:
Heat Pump
Floors:
Wood
Manufactured Homes:
No HUD Tag
Water Description:
Public
Sewer Description:
Public Sewer
Listing Office:
U/C BLUE RIDGE LAND & AUCTION CO INC- C'BURG
Last Updated: May - 20 - 2026
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