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Two-Building Flex Property
New
For Sale
$295,000

690 N Franklin Street, Christiansburg, VA 24073

Commercial, Christiansburg, VA

Property SizeContact for details
Lot Size0.79 Acres
Days on Market2

Property Features for 690 N Franklin Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning General Business
Elementary school Christiansburg
Middle school Christiansburg
High school Christiansburg
Elementary school district Montgomery County
Middle school district Montgomery County
High school district Montgomery County
Directions From Exit 114, take W Main St., to a left onto Depot St NW, to a left on N Franklin Street. Property is on the left, just past the Christiansburg Aquatic Center.
Subdivision Christiansburg (In Town Limits)
Standard status Active
Lot size 0.79 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Parcel ID 015889; Parcel ID: 025728
Tax Annual Amount 3679
Legal Description Parcel ID 015889; Parcel ID: 025728

Utilities

Water source Public

Building Details

Year built 1990
Listing Agency: UC/Blue Ridge Land & Auction · United Real Estate
Listed By: Matthew Gallimore · License #0225062681
Added: Sep 2 Last Checked: Sep 3 at 1:06AM
MLS# 428537

Copyright © 2026 New River Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex property includes two commercial buildings on a 0.789-acre site. The primary building contains approximately 2,779 square feet with a lobby, multiple office areas, storage and garage space, and 1.5 baths. Three-phase power serves the building. A second 30-by-40-foot metal structure adds office space, a large garage door, and lofted storage reached by exterior rear stairs. It also has three-phase power and a natural gas hookup.

The property is located at 690 N Franklin Street in Christiansburg, Virginia, with public water service. Both buildings date to 1990. The combination of office areas, enclosed storage, garage space, and loft storage provides a varied commercial layout within a single property.

Key Highlights

  • Two commercial buildings on 0.789 acres
  • Primary building contains approximately 2,779 square feet
  • Second structure measures approximately 30' x 40'

Property Analytics

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
Under-served
Demand for This Use

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two commercial buildings combine office, storage, garage, loft, and utility features on a commercial site.
Where is this flex space located?
The property is located at 690 N Franklin Street Christiansburg, VA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two commercial buildings on 0.789 acres; Primary building contains approximately 2,779 square feet; Second structure measures approximately 30' x 40'
More about this property
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