Commercial Investment Opportunity for Sale

Updated September 17, 2026

Properties like this do not come up very often! Check out this +/- 0.788 acre commercial property zoned B3 General Business District within the Town of Christiansburg. Property features 2 commercial buildings with great visibility and excellent location. Both buildings have a past total rental income of $3,000 a month. The first building has approximately 2,779 sq ft, with a main lobby, several office spaces and a large storage/garage area. There are 1.5 baths in this building, along with three-phase power. Building was formerly Parmer & Son's Painting, it was rented at $2,953.60 per month. The second building is an approx. 30' x 40' pole barn. There is an office space and a large garage door. Exterior steps at the rear of the building provide access to the lofted storage area. The lofted area makes a great place for storage. Building has three-phase power along with natural gas hookup. Building rents at $1,150 per month. Property has town water and sewer, and a paved parking lot. There is a gravel lot behind the metal building that could be cleared for more parking. Property has excellent visibility from Franklin St. There is +/- 160 ft of frontage on N Franklin St and +/- 225 ft of frontage on Railroad Street. Franklin St has approximately 25,000 vehicles per day pass, according to the VDOT website. Online Auction Ends Friday, October 16th, at 3 PM 690 N Franklin St. & 24 Railroad St., Christiansburg, VA 24073 CONTACT: Auctioneer Matt Gallimore at 540-239-2585 or email [email protected]. You can also contact Realtor Kaitlyn Harman at 540-835-9085 or email [email protected] DIRECTIONS: From Exit 114, take W Main St., to a left onto Depot St NW, to a left on N Franklin Street. Property is on the left, just past the Christiansburg Aquatic Center. BIDDER PACKET: Download Bidder Packet for complete information. Bidder Packet has maps, complete terms and conditions, sample contracts, tax cards, and restrictions. Some of the plats in Bidder Packet may have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are in Bidder Pack as well. SOFT CLOSE: If a bid is received within the last 2 minutes of the auction or after 3 PM, the auction close time will automatically extend 2 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates "snipers" and encourages fair and impartial bidding from all participants. BUYER'S PREMIUM - TEN PERCENT (10%): Buyer's Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyer's Premium will be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyer's premium = total purchase price of $110,000). Buyer's Premium is not due until closing. PRE-AUCTION SALES: As an a

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