2790 Market StChristiansburg, VA 24073

  • Other commercial real estate
  • 4,725 SF
For Sale
$2,150,000 View listing

Property Details for 2790 Market St

Year built
1993
Lot size
0.90 AC
Property size (Sq ft)
4,725 SF
Zone code
B3
Property type
Other commercial real estate
APN
406- 7 A
APU
4067A

Description

This exceptional retail property at 2790 Market Street NE in Christiansburg, Virginia, presents a unique investment or leasing opportunity. The free-standing building, totaling 200,000 square feet, offers flexible space options, ranging from a minimum of 2,200 square feet to a maximum contiguous space of 4,524 square feet. Currently, there are 12,324 square feet of vacant space available within the four-suite building. The property sits on a 0.903-acre lot and boasts ample parking with 86 spaces. Its strategic location adjacent to the Christiansburg Marketplace, a 200,000 square foot shopping center undergoing significant redevelopment, including new anchors, additional shops, and a new signalized entrance on Franklin Street, ensures high visibility and foot traffic. The property's versatility allows for various uses, including multi-tenant occupancy, single-tenant lease, ground lease, or outright sale. The prominent pylon signage provides excellent branding opportunities. This is an ideal location for businesses seeking high-traffic exposure in a thriving retail environment within Montgomery County. The property's size and configuration offer significant potential for growth and return on investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $593,355
    Hospitality
    $543,510
    Educational
    $452,194
    Medical
    $467,745
    Retail
    $703,413
2790 Market St, Christiansburg, Virginia

Location Insight

City
Christiansburg
County
Montgomery
State
Virginia
Latitude
37.1679
Longitude
-80.4212
CBSA code
13980
CBSA name
BLACKSBURG-CHRISTIANSBURG-RADFORD, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$119
$983,400
$607,500
$1,590,900
-
$983,400
$607,500
$1,590,900

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