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Two-Building Office Property
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690 N Franklin St, Christiansburg, VA 24073

Office property with flexible workspace, storage, paved parking, and access to town water and sewer.

Property SizeContact for details
Lot Size0.79 Acres
Days on Market6

Property Features for 690 N Franklin St

General Information

Standard status Active
Lot size 0.79 Acres
Property subtype Land
Zoning B3

Additional Details

Utilities to Site Yes

Building Details

Buildings 2
Listing Agency: United Country- Blue Ridge Land & Auction
Listed By: Matthew Gallimore · License #0225062681
Source: Crexi
Added: Sep 7 Changed: Sep 11 Last Checked: Sep 12 at 4:25AM

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 United Country- Blue Ridge Land & Auction

Investment Insights

Based on property information with market context.

This office property includes two commercial buildings on approximately 0.788 acres. The primary building contains 2,779+/- square feet with a lobby, multiple office rooms, 1.5 baths, and a substantial storage or garage area. It is served by three-phase power. A separate metal building measures approximately 30' x 40' and includes an office area, large garage door, rear exterior stairs, and lofted storage.

The property is zoned B3 General Business District and has approximately 160+/- feet of frontage on N. Franklin Street plus 225+/- feet along Railroad Street. Site features include a paved parking lot, town water and sewer, natural gas hookup, and three-phase power. N. Franklin Street carries approximately 25,000+/- vehicles per day.

Key Highlights

  • Two commercial buildings totaling a 2,779+/- SF primary office building and approximately 30' x 40' metal building
  • 0.788 acres+/- with B3 General Business District zoning
  • Approximately 160+/- feet of N. Franklin Street frontage and 225+/- feet on Railroad Street

Property Analytics

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Current Use

Parmer and Sons Painting ... Painting Service

Suggested Use

Top Pick HVAC Service Skin Care Clinic (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Barber Shop Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

518
Businesses Nearby

Demographics for 24073, VA

32,093
Population
14,248
Households
2.3
Avg Household Size
39
Median Age
42%
College-Educated
94%
High-School Grad
89.6 sq mi
ZIP Area
358
Density / Sq Mi
$75,103
Median Household Income
$46,396
Median Earnings
$1,150
Median Rent
$247,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office property with flexible workspace, storage, paved parking, and access to town water and sewer.
Where is this office building located?
The property is located at 690 N Franklin St Christiansburg, VA.
What are key features of this property?
This property features: Two commercial buildings totaling a 2,779+/- SF primary office building and approximately 30' x 40' metal building; 0.788 acres+/- with B3 General Business District zoning; Approximately 160+/- feet of N. Franklin Street frontage and 225+/- feet on Railroad Street
More about this property
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