360 Arbor DR NE, Christiansburg, VA 24073
$3,700,000
Property Type:
Commercial
Baths:
27
Lot Size (sq. ft.):
145,490
Status:
Closed
Current Price:
$3,700,000
List Date:
10/09/2018
Last Modified:
9/22/2024
Description
This 3.34 acre parcel is conveniently located minutes from Virginia Tech University, in the heart of the thriving commercial development at the intersection of Rt 460 and Peppers Ferry Road, the epicenter of commerce for the New River Valley. Surrounded by various uses including hotel, restaurants, entertainment, office space and shopping. All infrastructure in place including, electric, water, sewer, natural gas and storm water management.. Property is highly visible from 460 bypass. Currently used as retail investment property (20,000+ square feet) with cash flowing leases and an operating daycare (14,500 square feet) licensed for up to 200 children. Zoned B-3, General Business. Rear buildings are partially solar-powered. Highest and best uses, hotel site, restaurant, mixed use.
More Information MLS# 853125
General Property Description
Construction Status: Completed
Total Acreage: 3.34
Flood Area: No
On site Parking: Yes
Basement Y/N: Yes
Parking Spaces: 140
Water Class: N/A
Gross Building SqFt: 35384
Retail SqFt: 20884
Office SqFt: 14500
Lease Available: Yes
Year Built: 1995
Total Bths: 27
Location, Tax & Legal
Major Area: 10 - Montgomery County
Legal: ARBOR VIEW PLANT PH XII LOT 32-A
Tax ID: 406- 8 32A
Annual Taxes: 25511
Zoning Code: B3
Area: 1000 - Montgomery County
Street Number: 360
Street Name: Arbor
Street Suffix: DR
Street Direction Sfx: NE
State/Province: VA
Zip Code: 24073
Municipality: Montgomery County
Remarks & Misc
Directions: From Route 460 take Peppers Ferry Road exit. Turn R on Arbor Drive. Property on R.
Limited Service
Not Limited Service: 1
Construction
Block: 1
Dryvit Type: 1
Metal Siding: 1
Wood: 1
Commercial Type
Office: 1
Retail: 1
Business Type
Type of Business (Historical Field): Retail, Office
Sale Includes
Building & Land: 1
Heating
Heat Pump: 1
Miscellaneous Info
Ceiling Height: 20
Cooling
Heat Pump: 1
Water Description
Public: 1
Documents Available
Appraisal: 1
Survey: 1
Sewer Description
Public Sewer: 1
Manufactured Homes
No HUD Tag: 1
Floors
Carpet: 1
Concrete: 1
Tile: 1
Additional Features
Indust Refrigeration: 1
Other - See Remarks: 1
Topography
Level: 1
Contract Information
Current Price: $3,700,000
Sold Price: $3,700,000
List Date: 2018-10-09
Status: Closed
Status Change Info
Ratified Contract Dt: 2019-03-22
Sold Date: 2019-08-23
Sold Price: $3,700,000
Property Features
Limited Service: Not Limited Service
Commercial Type: Office; Retail
Sale Includes: Building & Land
Construction: Block; Dryvit Type; Metal Siding; Wood
Heating: Heat Pump
Cooling: Heat Pump
Floors: Carpet; Concrete; Tile
Manufactured Homes: No HUD Tag
Additional Features: Indust Refrigeration; Other - See Remarks
Water Description: Public
Sewer Description: Public Sewer
Documents Available: Appraisal; Survey
Topography: Level
Listing Office: LYONS TEAM, REALTORS®
Last Updated: September - 22 - 2024
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