Property Description

Auction Property: List price may not reflect final sales price. List price is starting bid on the property and is non-reflective of value.Auction Ends October 16th at 3 PM. Properties like this do not come up very often! Check out this +/- 0.788 acre commercial property zoned B3 General Business District within the Town of Christiansburg. Property features 2 commercial buildings with great visibility and excellent location. Both buildings have a past total rental income of $3,000 a month.The first building has approximately 2,779 sq ft, with a main lobby, several office spaces and a large storage/garage area. There are 1.5 baths in this building, along with three-phase power. Building was formerly Parmer & Son's Painting, it was rented at $2,953.60 per month.The second building is an approx. 30' x 40' pole barn. There is an office space and a large garage door. Exterior steps at the rear of the building provide access to the lofted storage area. The lofted area makes a great place for storage. Building has three-phase power along with natural gas hookup. Building rents at $1,150 per month.Property has town water and sewer, and a paved parking lot. There is a gravel lot behind the metal building that could be cleared for more parking.Property has excellent visibility from Franklin St. There is +/- 160 ft of frontage on N Franklin St and +/- 225 ft of frontage on Railroad Street. Franklin St has approximately 25,000 vehicles per day pass, according to the VDOT website.

Property Features