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
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.
More Information MLS# 927710
Contract Information
Current Price: $950,000
List Price: $950,000
List Date: 2026-05-20
Status: Active
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
Location Legal Taxes
Area: 1000 - Montgomery County
Street Number: 495, 501
Street Name: Piedmont
Street Suffix: ST
State/Province: VA
Zip Code: 24060
Municipality: Montgomery County
Lease Info
Lease Terms: Month to Month
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
All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.
