Commercial Property for Sale in Christiansburg VA!

Check out these 3 remarkable commercial investment opportunities in the heart of Christiansburg, Virginia!  We present these 3 parcels that are zoned B3, and are located along Route 11. With frontage on both Radford Rd (Route 11) and Silver Lake Rd, these properties have excellent accessibility and offer an ideal canvas for small business development. The B3 Zoning provides investors with countless development avenues. Whether you aspire to open a convenience store, establish a thriving bank branch, launch a vibrant retail store, or establish a dynamic office space, the possibilities are endless. These parcels are connected to the town water and sewer systems. Properties have an undeveloped road along the backside. Do not miss your opportunity to own and develop this commercial property in the heart of Christiansburg VA.

Online Auction Ending Thursday, July 27^th at 3 PM
Radford Rd (Route 11), Christiansburg, VA 24073

Click Here for Bidder Packet
Click Here for Interactive Map
Click Here for Property Video

Property is offered in 3 Tracts described below. Download Bidder Pack for Online Bidder’s Agreement, Maps, Sample Contracts, and Property Information.

Offering #1: +/- .93 Acres

            This parcel is wooded and has 126’ of road frontage on Radford Rd (Route 11) and 126’ of road frontage on the undeveloped street.

Offering #2: +/- 1.10 Acres

            This parcel is wooded and has 165’ of road frontage on Radford Rd (Route 11) and 134’ of road frontage on the undeveloped street. This parcel also has two buildings on the property.

Offering #3: +/- 1.00 Acres

            This parcel is wooded and has 175’ of road frontage on Radford Rd (Route 11), 336’ of road frontage on Silver Lake Rd, and 99’ of road frontage on the undeveloped street.

ONLINE BIDDING – Online bidding is now active and runs through 3 PM July 27^th, 2023. SOFT CLOSE.

DIRECTIONS – 

From Christiansburg VA

Right onto West Main St., Right on Radford Rd (Route 11), Straight through stoplight to continue on Radford Rd (Route 11) for approximately 1.3 miles, Property is located on the right across from Dehart Tile (1140 Radford Rd Christiansburg, VA) on the corner of Radford Rd (Route 11) and Silver Lake Rd NW.

From Radford VA

From Radford Public Library: Right onto East Main St. (Route 11), Continue for approximately 8 miles, property is located on the left across from Dehart Tile (1140 Radford Rd Christiansburg, VA) on the corner of Radford Rd (Route 11) and Silver Lake Rd NW. See sign.

CONTACT– Broker & Auctioneer Matt Gallimore at 540-239-2585 or email gallimore.matt@gmail.com 

BIDDER PACK: Download Bidder Pack for complete information on each offering. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and restrictions. Some of the plats in Bidder Pack 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 3 minutes of the auction, 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.

SIMULTANEOUS CLOSE OF LOT BIDDING: Bidders desiring more than one lot will need to be high bidder on all lots desired. Each offering will stay open until all bidding is complete and all offerings will close simultaneously.

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.

10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $20,000 per tract required on day of sale (July 27^th, 2023). Close on or before September 11^th, 2023. Subject to seller confirmation.  Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence. Tracts are being offered individually and if bidder wishes to purchase multiple tracts, bidder will need to be the high/winning bidder on both offerings. Auction starts ending at 3 PM on July 27^th, 2023. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.