Mixed-Use Property with Service
For Sale
$3,480,000
1107 N Main Street, Blacksburg, VA 24060
The property combines an operating service station with two residences in a single commercial offering.
Property Size5,037 SF
Lot Size1.19 Acres
Price / SF$690.89
Days on Market1714
Property Features for 1107 N Main Street
General Information
Standard status
Active
Size
5,037 SF
Lot size
1.19 Acres
Property subtype
Commercial
Zoning
General Business
Tenancy & Operations
Currently Operating
Yes
Real Estate Included
Yes
Additional Details
Business Included
Yes
Road Access
Yes
Automotive Uses
fuel station
Building Details
Building Size
5,037 SF
Year Built
1950
Buildings
3
Listing Agency:
Lyons Team Realtors - Cburg
Listed By:
Joey Lyons · License #0225098678
(540) 382-7777
Source:
Maplehausrealty
Added: Feb 15, 2022
Changed: Oct 24
Last Checked: Oct 24 at 2:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyons Team Realtors - Cburg
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Investment Insights
Based on property information with market context.
This mixed-use property includes a service station and two residences. One residence has 3 bedrooms and 2 bathrooms; the other has 3 bedrooms and 1 bathroom. The existing building contains 5,037 square feet and was built in 1950.
The offering spans four parcels totaling 1.19 acres at 1107 N Main Street in Blacksburg, a few blocks from the Virginia Tech campus. The site is on a corner lot along Main Street.
The offering spans four parcels totaling 1.19 acres at 1107 N Main Street in Blacksburg, a few blocks from the Virginia Tech campus. The site is on a corner lot along Main Street.
Key Highlights
- Service station and two residences included in the sale
- Four parcels totaling 1.19 acres
- Residence 1: 3 bedrooms and 2 bathrooms; residence 2: 3 bedrooms and 1 bathroom
Property Analytics
Who owns this building?
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
555
Businesses Nearby
40k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 71%
Shops & Services 23%
Apparel 6%
Food Lion Grocery Store
Groceries
28,570 visits/mo
0.5 miles
7-Eleven
Shops & Services
8,407 visits/mo
0.3 miles
Goodwill
Apparel
2,207 visits/mo
0.5 miles
Caliber Collision
Shops & Services
611 visits/mo
0.0 miles
Jiffy Lube
Shops & Services
297 visits/mo
0.4 miles
Demographics for 24060, VA
46,755
Population
22,797
Households
2.1
Avg Household Size
28
Median Age
63%
College-Educated
98%
High-School Grad
130.8 sq mi
ZIP Area
357
Density / Sq Mi
$63,496
Median Household Income
$31,827
Median Earnings
$1,266
Median Rent
$412,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines an operating service station with two residences in a single commercial offering.
Where is this mixed-use property located?
The property is located at 1107 N Main Street Blacksburg, VA.
What is the asking price?
The asking price for this property is $3,480,000.
What are key features of this property?
This property features: Service station and two residences included in the sale; Four parcels totaling 1.19 acres; Residence 1: 3 bedrooms and 2 bathrooms; residence 2: 3 bedrooms and 1 bathroom
