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Industrial Zoned Property 5,174 SF 100% Leased Retail Building Christiansburg, VA 24073 $550,000 ($106.30/SF)
Investment Highlights
- heated and cooled showroom
- high visibility & traffic count
- heated warehouse
Executive Summary
Well-located 5,000 SF commercial property in Christiansburg offering strong visibility and a traffic count of approximately 23,000 vehicles per day. Zoned Industrial I-2, providing flexible use potential. The building includes a retail/warehouse configuration with approximately 1,750 SF of finished, heated and air-conditioned space, ideal for sales, office, parts, and restroom use. The remaining area consists of a heated warehouse space, supporting a variety of operational needs. Currently leased, creating an excellent investment opportunity with existing income. Convenient access to Blacksburg, Christiansburg, Salem, and Radford.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$39,600
|
$7.65
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$39,600
|
$7.65
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $39,600 |
| Annual Per SF | $7.65 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $39,600 |
| Annual Per SF | $7.65 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
5,174 SF
Building Class
C
Year Built
1990
Price
$550,000
Price Per SF
$106.30
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.66 AC
Zoning
I2
Amenities
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 026116 | Improvements Assessment | $162,700 |
| Land Assessment | $99,000 | Total Assessment | $261,700 |
Property Taxes
Parcel Number
026116
Land Assessment
$99,000
Improvements Assessment
$162,700
Total Assessment
$261,700
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Industrial Zoned Property
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