700 University City Blvd Blacksburg, VA 24060

This exceptional 56,044 square foot Class A office building, situated on a 2.559-acre lot in Blacksburg, Virginia, presents a unique investment opportunity. Built in 1985, this two-story structure boasts modern architectural features and abundant natural light. Currently zoned GC - Commercial General, the property offers significant redevelopment potential, with its large floor plates easily adaptable to various uses. Its prime location adjacent to Virginia Tech and downtown Blacksburg ensures high visibility and accessibility, making it ideal for a mixed-use development incorporating residential, retail, and commercial spaces. The existing building features flexible interior layouts and ample on-site parking (90 spaces), further enhanced by its proximity to a Blacksburg Transit bus stop. The asking price is $7,850,000, translating to $140.07 per square foot. This property offers a potential short-term lease-back opportunity, allowing for immediate revenue generation for the new owner. The property's address is 700 University City Blvd, Blacksburg, VA 24060, with APN 225-10 A1. This is a rare opportunity to acquire a substantial property in a highly sought-after location with significant upside potential.