495, 501 Piedmont ST, Blacksburg, VA 24060
New Listing
$950,000
Property Type:
Commercial
Lot Size (sq. ft.):
106,722
Status:
Active
Current Price:
$950,000
List Date:
5/20/2026
Last Modified:
5/20/2026
Description
Unique Downtown Blacksburg development opportunity, within walking distance to VT, made possible by the NEW ZONING ORDINANCE 2053, By Rights development of SMALL LOTS in the R-4 districts. The properties include 2 cottage homes and 2 lots. The cottages are well maintained and offer a generous rental income; the assembling of these properties resulted in a total of 2.45 acres which exceeds the minimum 2 acres for the small lot subdivision zoning amendment approved in November 2024. Perfect opportunity to be a part of the plan to fill the gap between large-lot single family and dense apartment complex, providing more townhomes, duplexes, and cottage homes. For more information see zoning sec. 3043.
More Information MLS# 927710
General Property Description
Construction Status: Completed
Total Acreage: 2.45
Flood Area: No
On site Parking: Yes
Water Class: N/A
Lease Available: Yes
Year Built: 1940
Location, Tax & Legal
Major Area: 10 - Montgomery County
Tax ID: 018450
Annual Taxes: 1971.66
Area: 1000 - Montgomery County
Street Number: 495, 501
Street Name: Piedmont
Street Suffix: ST
State/Province: VA
Zip Code: 24060
Municipality: Montgomery County
Remarks & Misc
Directions: Clay St to right on to Piedmont, at the end of street.
Limited Service
Not Limited Service: 1
Construction
Vinyl: 1
Commercial Type
Investment: 1
Business Type
Other: 1
Heating
Heat Pump: 1
Lease Info
Lease Terms: Month to Month
Cooling
Heat Pump: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Manufactured Homes
No HUD Tag: 1
Levels
One and One Half: 1
Floors
Wood: 1
Contract Information
Current Price: $950,000
List Price: $950,000
List Date: 2026-05-20
Status: Active
Property Features
Limited Service: Not Limited Service
Commercial Type: Investment
Business Type: Other
Construction: Vinyl
Levels: One and One Half
Heating: Heat Pump
Cooling: Heat Pump
Floors: Wood
Manufactured Homes: No HUD Tag
Water Description: Public
Sewer Description: Public Sewer
Listing Office: U/C BLUE RIDGE LAND & AUCTION CO INC- C'BURG
Last Updated: May - 20 - 2026
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