1580 Franklin StChristiansburg, VA 24073

  • Other commercial real estate
  • 14,228 SF
For Lease
$13.25/SF/YR View listing

Property Details for 1580 Franklin St

Year built
1992
Lot size
1.31 AC
Property size (Sq ft)
14,228 SF
Zone code
B3
Property type
Other commercial real estate
APN
466- 5 3
APU
46653

Description

This exceptional 1,187 square foot retail space is situated at 1580 N Franklin St., Suite 5, Christiansburg, within a larger 14,880 square foot building. The property offers a single-tenant occupancy in a prominent location, ideal for a business seeking a blank canvas to create their ideal retail environment. The "shell space" nature of the unit provides complete flexibility for build-out and customization to perfectly match a tenant's specific needs and brand aesthetic. This location benefits from its placement on a high-traffic corridor, ensuring excellent visibility and accessibility for customers. The surrounding area boasts a strong tenant mix, creating a vibrant and attractive commercial environment. This presents a unique opportunity for a retailer to establish a presence in a thriving community. The space is ready for immediate occupancy, allowing for a swift and efficient start to operations. The building's total square footage is 14,880 square feet, indicating a substantial and well-maintained property. This prime retail space offers a blend of convenience, visibility, and adaptability, making it an exceptional investment opportunity for the right business. Serious inquiries are encouraged to explore this promising retail location further.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,786,720
    Hospitality
    $1,636,626
    Educational
    $1,361,654
    Medical
    $1,408,483
    Retail
    $2,118,128
1580 Franklin St, Christiansburg, Virginia
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Location Insight

City
Christiansburg
County
Montgomery
State
Virginia
Latitude
37.1505
Longitude
-80.4153
CBSA code
13980
CBSA name
BLACKSBURG-CHRISTIANSBURG-RADFORD, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$113
$571,500
$928,500
$1,500,000
-
$571,500
$928,500
$1,500,000

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