907 Magnolia LnChristiansburg, VA 24073

Property Details for 907 Magnolia Ln

Year built

1982

Construction

WOOD

Lot size

0.87 AC

Property size (Sq ft)

1,776 SF

Zone code

CB

Property type

Other commercial real estate

APN

064- 5 4A

APU

06454A

Description

This exceptional 2.5-acre commercial property located at 907 Magnolia Lane, Christiansburg, VA, presents a unique investment opportunity. The property boasts a recently renovated three-bedroom, two-and-a-half-bathroom home, perfect for residential use or as manager's quarters. A partially finished basement offers additional space for expansion or storage. The property's true strength lies in its versatile commercial components. A well-established garage, a local landmark for over two decades, provides a proven income stream and significant repeat clientele. This is complemented by a detached two-car garage and a separate three-bay garage and workshop, ideal for automotive repair, storage, or various other commercial uses. Further enhancing the income potential are two spacious parking lots and a ready-to-rent single-wide mobile home. The property's proximity to Prices Fork adds to its appeal and accessibility. This multi-faceted property offers a blend of residential comfort and significant commercial potential, making it an attractive investment for a wide range of buyers. Priced at $599,900, this property is ready for its next chapter. Don't miss this chance to acquire a truly unique and lucrative investment.

Location Insight

City

Christiansburg

County

Montgomery

State

Virginia

Latitude

37.1901

Longitude

-80.5038

CBSA code

13980

CBSA name

BLACKSBURG-CHRISTIANSBURG-RADFORD, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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