201 South Main ST, Blacksburg, VA 24060 (MLS# 904986)

$1,325,000
201 South Main ST
Blacksburg, VA 24060
MLS# 904986

201 South Main ST, Blacksburg, VA 24060
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201 South Main ST, Blacksburg, VA 24060 201 South Main ST, Blacksburg, VA 24060 201 South Main ST, Blacksburg, VA 24060 201 South Main ST, Blacksburg, VA 24060 201 South Main ST, Blacksburg, VA 24060 201 South Main ST, Blacksburg, VA 24060 201 South Main ST, Blacksburg, VA 24060 201 South Main ST, Blacksburg, VA 24060

Property Description
ABSOLUTE AUCTION (Live & Online March 28, 11am) Valuable Real Estate Development Opportunity in a prime downtown Blacksburg, VA location. Approved Real Estate Redevelopment Plan for Restaurant & 7 townhouses along S. Main, Lee & Church St. on .61± Ac. Approved Certificate of Appropriateness/Redevelopment Plan, Rehabilitation of Kelsey House (for a restaurant) & construction of 7 townhomes all within walking distance to Virginia Tech Campus! The 3200±SF 1.5-Story historic home is approved for a restaurant located directly on S. Main St. Entry level has 2075± SF with walls & frame gable ends with half-timber decorative trim & exposed rafter ends. Upper level is 1130±SF space can be used as a private event room. See floor plan layout under Documents for more info. Rear of the property along

Details
Maps
Contract Information
Current Price: $1,325,000
Sold Price: $1,325,000
List Date: 2024-02-14
Status: Closed
General Property Description
Construction Status: Completed
Year Built: 1945
Total Acreage: 0.61
Flood Area: No
On site Parking: Yes
Gross Building SqFt: 3200
Lease Available: No
Basement Y/N: Yes
Water Class: N/A
Location Legal Taxes
Area: 1000 - Montgomery County
Street Number: 201
Street Name: South Main
Street Suffix: ST
State/Province: VA
Zip Code: 24060
Municipality: Montgomery County
Status Change Info
Ratified Contract Dt: 2024-03-29
Sold Date: 2024-05-07
Sold Price: $1,325,000
Business Type
Type of Business (Historical Field): Retail
Property Features
Limited Service: Not Limited Service
Commercial Type: Investment; Retail
Sale Includes: Building & Land
Construction: Brick; Stucco; Wood
Roof System: Shingle
Heating: None
Cooling: None
Floors: Wood
Manufactured Homes: No HUD Tag
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Internet Access: Other, See Remarks
Documents Available: Survey; Tobacco Alotment
Supplements
Lee & Church Street has been approved for construction of 7 townhomes. See Site Plan & approved renderings & terms and conditions under docs. Property being sold AS-IS! List price is required by the MLS, but is tax assessment & does not reflect the sales price. Auction is March 28, 11am at the Inn at Virginia Tech Conference Center. Must register to bid live or online. Preview by appointment. Directions: From I 81 in Christiansburg, VA take Exit 118 C-B-A, to ramp toward US-11/US460 toward Blacksburg/Christiansburg. Stay straight on US 460 W for 5 miles and take exit 5AB. Head right onto ramp for US-460 Bus East/Us 460 Bus West Toward Blacksburg, Continue on US460 West Bus/S Main St for approximately 3 miles property on right (201 S Main St Blacksburg, VA 24060)

Listing Office: WOLTZ & ASSOCIATES

Last Updated: May - 15 - 2025

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