1107 Main St Blacksburg, VA 24060

This exceptional mixed-use property, located at 1107 N Main St, Blacksburg, VA 24060, presents a unique investment opportunity. The 5,037 square foot building, constructed in 1950, sits on a 1.19-acre lot and boasts a prime location just blocks from the Virginia Tech campus. Currently operating as a thriving service station, the property also includes two residential units: a three-bedroom, two-bathroom residence and a three-bedroom, one-bathroom residence. The property is comprised of four parcels, offering significant potential for various development options. The asking price is $3,500,000, translating to $694.86 per square foot. The property is zoned for general business and R-5, allowing for a diverse range of uses. Its high-traffic corner location on Main Street in a rapidly growing college town ensures strong potential for future returns. The substantial lot size and existing infrastructure provide a solid foundation for a variety of development projects, catering to both commercial and residential needs. This is a rare opportunity to acquire a well-established, income-producing property with significant upside potential in a desirable location. The property's strategic position near Virginia Tech offers unparalleled access to a large and vibrant student population and the broader Blacksburg community. This presents a compelling investment opportunity for those seeking a blend of immediate income and long-term growth potential.