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    2890 N Franklin ST & 2910, Christiansburg, VA 24073 (MLS# 914622)

    2890 N Franklin ST & 2910, Christiansburg, VA 24073

    $2,650,000
    Property Type: Commercial Lot Size (sq. ft.): 107,158 Status: Pending
    Current Price: $2,650,000 List Date: 2/26/2025 Last Modified: 10/15/2025

    Description

    Prime development opportunity in the heart of Christiansburg, VA. 2890 & 2910 N Franklin St, two parcels with approximately 2.456 AC located on bustling N Franklin St/Business 460. This site is zoned General Business District B3. The B3 District encompasses a wide variety of commercial uses including retail stores, banks, theaters, business offices, restaurants, garage, and service stations. The property is in a thriving commercial neighborhood. Nearby retail includes major national brands such as Starbucks, KFC, Panera Bread, Burger King, Arby's, Taco Bell, Hardee's, Harbor Freight, Verizon, and more! It is across the street from the newly revamped Marketplace Shopping Center and close to the region's New River Valley Mall. The site has easy access to major highways including...

    Supplements: Peppers Ferry Road and US 460, ensuring seamless connectivity and increasing customer reach. Direct access to the property is at a signalized intersection at the front of the property at North Franklin Street and Arbor Road. The Town of Christiansburg is located in Southwest Virginia and is known as the regional retail hub of the New River Valley, Christiansburg is adjacent to Blacksburg, which is home to Virginia Tech. Virginia Tech is one of Virginia's largest university and a leading research university. The 2024 enrollment at VT was approximately 38,000. The student population in the area is also enhanced by Radford University. The population within 5 miles of this site is more than 65,000 which provides a strong base for retail and service businesses.

    More Information MLS# 914622

    General Property Description

    Construction Status: Completed Total Acreage: 2.46 Road Frontage: 210 Traffic Count: 18000 Flood Area: No Gross Lot SqFt: 106984 On site Parking: Yes Water Class: N/A Lease Available: No Year Built: 1970

    Location, Tax & Legal

    Major Area: 10 - Montgomery County Unit #: & 2910 Tax ID: 002840, 002842 Annual Taxes: 10037.3 Zoning Code: B3 Area: 1000 - Montgomery County Street Number: 2890 Street Direction Pfx: N Street Name: Franklin Street Suffix: ST State/Province: VA Zip Code: 24073 Municipality: Montgomery County

    Remarks & Misc

    Directions: From Interstate 81 N to US-460 BUS W/N Franklin St. Take exit 3AB from US-460 W. Follow on N Franklin St until you see sign at four way intersection of N Franklin St and Arbor Dr NE.

    Limited Service

    Not Limited Service: 1

    Construction

    Cement: 1 Wood: 1

    Commercial Type

    Investment: 1 Land Only: 1 Retail: 1

    Views

    City: 1 Mountain(s): 1 Sunrise: 1 Sunset: 1

    Business Type

    Type of Business (Historical Field): Retail

    Sale Includes

    Building & Land: 1

    Water Description

    Public: 1

    Sewer Description

    Private Sewer: 1

    Manufactured Homes

    No HUD Tag: 1

    Water Heater Type

    Tank: 1

    Contract Information

    Current Price: $2,650,000 List Price: $2,650,000 List Date: 2025-02-26 Status: Pending

    Status Change Info

    Ratified Contract Dt: 2025-08-26

    Property Features

    Limited Service: Not Limited Service Commercial Type: Investment; Land Only; Retail Sale Includes: Building & Land Construction: Cement; Wood Manufactured Homes: No HUD Tag Water Description: Public Sewer Description: Private Sewer Water Heater Type: Tank Views: Mountain(s); Sunrise; Sunset
    Listing Office: EDWIN C HALL ASSOCIATES INC
    Last Updated: October - 15 - 2025
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