Montgomery County, VA Mixed-use properties for sale

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 7

Auto Shop Property With Residence

907 Magnolia Lane, Christiansburg, VA 24073

$649,900

2.50 AC lot

2.5‑acre property in Christiansburg, VA
Recently renovated residence with 3 bedrooms and 2.5 bathrooms
Detached 2‑car garage plus separate 3‑bay garage and workshop
Partially finished basement in the residence
Ready‑to‑rent single‑wide included

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Five-Building Mixed-Use Property

702 University City Boulevard, Blacksburg, VA 24060

$11,875,000

4.60 AC lot

The assemblage combines office, retail, daycare, and apartment space within a General Commercial zoning designation.

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Mixed-Use Property with Office Building

3712 S Main Street, Blacksburg, VA 24060

$1,800,000

1.27 AC lot

Includes an established office component, former retail space, and two residential structures on a substantial commercial parcel.

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Retail/Flex Asset in Christiansburg, Virginia

77 Scattergood Dr NW, Christiansburg, VA 24073

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7,500 sqft

7,500 SF retail/flex building in a visible commercial corridor.

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Adaptable Assembly Facility Near Virginia Tech

135 Scattergood Dr NW, Christiansburg, VA 24073

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35,000 sqft

Institutional-quality facility suitable for education, corporate, or community uses.

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Prime Development Site Available

1615 Peppers Ferry Rd NW, Christiansburg, VA 24073

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9.84 AC lot

9.8+ acre development site in New River Valley growth corridor.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 7 Active listings in Montgomery County, VA, we suggest exploring several alternatives: similar 1 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Redevelopment Opportunity: Former Drive-In Theater

275 STARLIGHT DR SE, Christiansburg, VA 24073

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4.15 AC lot

4.15-acre site with redevelopment potential in Christiansburg, Virginia.

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Mixed-Use Development Lot

Church Ave SE, Roanoke, VA 24013

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0.11 AC lot

Small lot with water and sewer availability for flexible mixed-use development in Roanoke.

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Off-Market Properties in Montgomery County, VA

Consider similar Off-Market properties in Montgomery County, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Lifestyle centers

0 Roanoke St, Christiansburg, VA 24073

Value Estimation by Request

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Montgomery County, VA Mixed-Use Properties Market Trends and Statistics

Explore 8 mixed-use properties for sale in Montgomery County, VA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 98,544 square feet of properties for sale, with an estimated market value of $22,174,900.

Sale prices for multi use buildings in Montgomery County, VA start at $649,900, averaging $5,543,725, and reaching up to $11,875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.