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
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.
More Information MLS# 853125
Contract Information
Current Price: $3,700,000
Sold Price: $3,700,000
List Date: 2018-10-09
Status: Closed
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
Location Legal Taxes
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
Status Change Info
Ratified Contract Dt: 2019-03-22
Sold Date: 2019-08-23
Sold Price: $3,700,000
Business Type
Type of Business (Historical Field): Retail, Office
Miscellaneous Info
Ceiling Height: 20
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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