Montgomery County, VA Commercial Real Estate for Sale

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74 properties

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Updated: Sep 25, 2025

Adaptable Mixed-Use Development Opportunity

700 University City Boulevard |, Blacksburg, VA 24060

$7,850,000

56,044 sqft

Prime location adjacent to Virginia Tech, ensuring high traffic and visibility.
Exceptional redevelopment opportunity for a premium mixed‑use property.
Large 2.56 acre parcel offering room for expansion and new development.
Existing 20,044 SF two‑story office building with adaptable floor plans.
90 on‑site parking spaces and adjacent to a Blacksburg Transit bus stop.

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This listing looks promising.

Here's a quick look at some key insights for

700 University City Boulevard | Blacksburg, VA 24060, VA 24060

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Est. Cap Rate

8.7%
Above avg (5.9%)
Est. NOI

$685K
Annual
Price @ 7% Cap

$9.78M
Above asking
Property Type

Charitable Organization, Fraternal
Built 1985

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Updated: Jul 16

Redevelopment Commercial Property

2405 MARKET Street, Christiansburg, VA 24073

$2,000,000

1,922 sqft 0.97 AC lot

Year built: 1995
2405 Market St NE in Christiansburg, VA
Proximity to Route 460 and I‑81
Positioned in an active commercial corridor surrounded by retail, service businesses, and residential neighborhoods
Redevelopment‑focused property with flexible site configuration for commercial, mixed‑use, or service‑oriented development

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Blacksburg Commercial Property For Sale

3980 S Main Street, Blacksburg, VA 24060

$2,000,000

2,904 sqft 1.13 AC lot

Commercial property in prime location between Christiansburg and Blacksburg.

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Garage and Workshop with Renovated Home

907 Magnolia Lane, Christiansburg, VA 24073

$649,900

2.50 AC lot

A renovated 3-bedroom home paired with detached and separate garage/workshop space plus a ready-to-rent single-wide and parking lots.

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Mixed-Use Open-Span Commercial Building

77 SCATTERGOOD DR NW, Christiansburg, VA 24073

$3,000,000

5,000 sqft

Flexible mixed-use building with open-span layout suited for retail and medical users in a high-visibility corridor.

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Updated Medical Office with Treatment Rooms

401 Depot St NW, Christiansburg, VA 24073

$495,000

0.33 AC lot

Updated in 2024 with reconfigurable treatment rooms, reception area, and 14 dedicated parking spaces.

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Retail/Warehouse Flex Property

1850 Palmer Street, Christiansburg, VA 24073

$550,000

0.66 AC lot

Retail and heated warehouse space with finished office/showroom area and I-2 zoning, currently leased.

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High-Visibility Corner Commercial Parcel

45 SCATTERGOOD Drive, Christiansburg, VA 24073

$1,100,000

1.42 AC lot

General Business B-3 corner lot with available utilities and traffic-driven visibility along a major commercial corridor.

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Auditorium Facility with Coffee Shop

135 SCATTERGOOD DR NW, Christiansburg, VA 24073

$7,000,000

35,000 sqft

Institutional-style facility with an amphitheater auditorium and on-site café amenity, suited for educational, corporate, or event use.

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Elliston, VA Land For Sale

5110 N Fork Rd, Elliston, VA 24087

$1,800,000

6.16 AC lot

Visible, high-traffic site near I-81 between Roanoke and Blacksburg.

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Blacksburg Commercial Property For Sale

1107 N Main St, Blacksburg, VA 24060

$3,480,000

1.19 AC lot

Main Street location near Virginia Tech with development potential.

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Elevator-Served Second-Floor Office

125 SCATTERGOOD DR NW, Christiansburg, VA 24073

$5,000,000

17,000 sqft

Professionally maintained, elevator-served second-floor office space with ample parking and regional access in Christiansburg.

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Drive-In Theater with Adjacent Homes

275 Starlight Drive, Christiansburg, VA 24073

$995,000

4.15 AC lot

Drive-in theater property on four parcels with two single-family homes totaling about 4.15 acres.

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Open Pasture Farmland Parcel

Brush Creek Road lot: 1, Riner, VA 24149

$36,000

5.08 AC lot

Gently sloping pastureland with multiple building sites and paved-road frontage in Montgomery County, VA.

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Freestanding Restaurant with Patio

315 DEPOT ST NW, Christiansburg, VA 24073

$459,000

1,100 sqft 0.41 AC lot

Freestanding restaurant building with patio space on commercially zoned land, located along the Huckleberry Trail near Depot Park.

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Open Pastureland Homesite

Brush Creek Road lot: 2, Riner, VA 24149

$40,000

6.46 AC lot

Approximately 6.46 acres of open pastureland perked for a 3-bedroom home, with deed restrictions and right-of-way access.

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Pasture Land with Road Frontage

Brush Creek Road lot: 3, Riner, VA 24149

$52,000

10.48 AC lot

Gently rolling pastureland with paved-road frontage, established driveway entrance, and building sites for a small farm home.

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Commercial Property in Prime Location

3980 S Main St, Blacksburg, VA 24060

$2,000,000

2,904 sqft

2,904 SF commercial building with high visibility.

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Gently Rolling Pasture Acreage

Brush Creek Road lot: 5, Riner, VA 24149

$75,000

14.75 AC lot

14.753 acres of pastureland with multiple building sites, perked for a 3-bedroom home via shared right of way access.

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Commercial Land Redevelopment Opportunity

510 Roanoke St, Christiansburg, VA 24073

$2,000,000

30,800 sqft 3.71 AC lot

3.71 acres of commercially zoned land in Christiansburg, Virginia.

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Open and Wooded Acreage Tract

Brush Creek Road lot: 4, Riner, VA 24149

$74,000

13.90 AC lot

A 13.897-acre tract with open and wooded acreage, an old barn, and septic approval for a 3-bedroom home.

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Blacksburg Legacy Parcel with Views

484 Mill Pointe Rd, Blacksburg, VA 24060

$825,000

41.79 AC lot

41.8-acre Blacksburg parcel with stream frontage and mountain views.

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Elevator-Served Hospitality Building

205 S Main St, Blacksburg, VA 24060

$5,950,000

23,940 sqft

Three-story inn with central corridor layout, elevator access, dual stairwells, and covered on-site parking.

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Elliston Restaurant with Mountain Views

3199 North Fork Rd, Elliston, VA 24087

$299,900

2.53 AC lot

Turn-key restaurant with equipment, seating for 72, and acreage.

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Montgomery County, VA Commercial Real Estate Market Trends and Statistics

Explore 74 commercial real estate for sale in Montgomery County, VA, showcased through 74 active listings on our real estate platform. These investment opportunities span a total of 1,087,944 square feet of properties for sale, with an estimated market value of $100,971,900.

Sale prices for business properties in Montgomery County, VA start at $36,000, averaging $1,803,069, and reaching up to $7,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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