2890 N Franklin ST & 2910, Christiansburg, VA 24073
$2,650,000
Property Type:
Commercial
Lot Size (sq. ft.):
107,158
Status:
Pending
Current Price:
$2,650,000
List Date:
2/26/2025
Last Modified:
10/15/2025
Description
Prime development opportunity in the heart of Christiansburg, VA. 2890 & 2910 N Franklin St, two parcels with approximately 2.456 AC located on bustling N Franklin St/Business 460. This site is zoned General Business District B3. The B3 District encompasses a wide variety of commercial uses including retail stores, banks, theaters, business offices, restaurants, garage, and service stations.
The property is in a thriving commercial neighborhood. Nearby retail includes major national brands such as Starbucks, KFC, Panera Bread, Burger King, Arby's, Taco Bell, Hardee's, Harbor Freight, Verizon, and more! It is across the street from the newly revamped Marketplace Shopping Center and close to the region's New River Valley Mall.
The site has easy access to major highways including...
Supplements: Peppers Ferry Road and US 460, ensuring seamless connectivity and increasing customer reach. Direct access to the property is at a signalized intersection at the front of the property at North Franklin Street and Arbor Road. The Town of Christiansburg is located in Southwest Virginia and is known as the regional retail hub of the New River Valley, Christiansburg is adjacent to Blacksburg, which is home to Virginia Tech. Virginia Tech is one of Virginia's largest university and a leading research university. The 2024 enrollment at VT was approximately 38,000. The student population in the area is also enhanced by Radford University. The population within 5 miles of this site is more than 65,000 which provides a strong base for retail and service businesses.
More Information MLS# 914622
General Property Description
Construction Status: Completed
Total Acreage: 2.46
Road Frontage: 210
Traffic Count: 18000
Flood Area: No
Gross Lot SqFt: 106984
On site Parking: Yes
Water Class: N/A
Lease Available: No
Year Built: 1970
Location, Tax & Legal
Major Area: 10 - Montgomery County
Unit #: & 2910
Tax ID: 002840, 002842
Annual Taxes: 10037.3
Zoning Code: B3
Area: 1000 - Montgomery County
Street Number: 2890
Street Direction Pfx: N
Street Name: Franklin
Street Suffix: ST
State/Province: VA
Zip Code: 24073
Municipality: Montgomery County
Remarks & Misc
Directions: From Interstate 81 N to US-460 BUS W/N Franklin St. Take exit 3AB from US-460 W. Follow on N Franklin St until you see sign at four way intersection of N Franklin St and Arbor Dr NE.
Limited Service
Not Limited Service: 1
Construction
Cement: 1
Wood: 1
Commercial Type
Investment: 1
Land Only: 1
Retail: 1
Views
City: 1
Mountain(s): 1
Sunrise: 1
Sunset: 1
Business Type
Type of Business (Historical Field): Retail
Sale Includes
Building & Land: 1
Water Description
Public: 1
Sewer Description
Private Sewer: 1
Manufactured Homes
No HUD Tag: 1
Water Heater Type
Tank: 1
Contract Information
Current Price: $2,650,000
List Price: $2,650,000
List Date: 2025-02-26
Status: Pending
Status Change Info
Ratified Contract Dt: 2025-08-26
Property Features
Limited Service: Not Limited Service
Commercial Type: Investment; Land Only; Retail
Sale Includes: Building & Land
Construction: Cement; Wood
Manufactured Homes: No HUD Tag
Water Description: Public
Sewer Description: Private Sewer
Water Heater Type: Tank
Views: Mountain(s); Sunrise; Sunset
Listing Office:
EDWIN C HALL ASSOCIATES INC
Last Updated: October - 15 - 2025
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