Commercial Shop Building for Sale in Christiansburg VA!

Commercial Shop Building for Sale in Christiansburg VA!

You have the opportunity to purchase two commercial investment properties in Montgomery County VA! There are 2 offerings available for purchase. This property is known as Offering 2. Bidders wanting to purchase both offerings will need to be the high bidder on both offerings. Online Auction will have a “soft close” where bidding on both offerings is extended 2 minutes if a bid on either offering occurs.

3395 North Franklin Street Christiansburg, VA 24073
Online Auction Ending Thursday April 28^th @ 4 PM

Offering # 1

1.04 Acres and improvements
3983 South Main Street, Blacksburg VA 24060

This is where Drive Away Car Dealership business office is located. There is a floorplan with building information in Bidder Pack. The house was built in 1960 and later converted into an office. The upper level has 2,052 Square Feet with multiple offices, a lobby, waiting room and bathroom. The basement has a kitchen and storage areas with 1,516 sq. ft. The building is brick with a portion of vinyl siding, shingle roof, cinderblock foundation, and the interior has commercial tile and carpet. There are 2 heat pumps, 1 heat pump for each level.  There is also a storage building behind main building. The 6,150 Square Foot Metal Building on adjacent property (Offering # 2 of this auction) slightly encroaches a few feet on this property. 

Offering # 2

6,150 sq ftMetal Building, Building Only
3395 North Franklin Street Christiansburg, VA 24073

This offering is for the 6,150 square foot Metal Service Building Only. The building is located on land owned by Norfolk Southern. The building is owned by Mark A. Cole Inc. DBA Drive Away Cars which has long term lease of $2,000 per month with Norfolk and Southern. Norfolk and Southern has agreed to transfer lease to high bidder / purchaser of building. A copy of the lease can be provided upon request. Purchaser of building can have option of continuing lease with Norfolk and Southern and leave building or move building. If purchaser desires to remove building from Norfolk and Southern Land, they will be responsible for due diligence, permits, licenses, and insurance required if any to move building once purchased. Building slightly encroaches on adjoining property which is Offering # 1 of this Auction.

The Building has two oil Furnaces, two 1,000 gallon oil tanks, and two air compressors that will convey with building. There are 8 bays and 6,150 square feet. Building has a bathroom, shop area and large work areas. It’s currently being used as an auto servicing business. Tools and equipment in building do not convey with building. Building has town water and private septic.

Great location with very good commercial visibility on Highway 460 between Christiansburg and Blacksburg VA. Adjoins Meade Tractor Company, and very close to New River Valley Mall, Wal-Mart, Lowes, multiple restaurants and shops, Virginia Tech, and Downtown Blacksburg. 

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

Online Bidding – Online bidding is now active and runs through 4 PM on April 28^th
Preview Dates – Saturday April 9^th @ 11 AM & Friday April 15^th @ 4 PM

Directions – From Christiansburg VA take Highway 460 West Towards Blacksburg, VA -Property on Right.

From Blacksburg VA take Highway 460 East Towards Christiansburg VA - Property on Left.

Contact – Broker & Auctioneer Matt Gallimore with United Country Blue Ridge Land & Auction at 540-239-2585 or email Gallimore.matt@gmail.com ; you can also contact Doug Weddle – Realtor at 540-239-0757; dougweddlerealtor@gmail.com “Deal with Doug”

Terms & Conditions: 10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $10,000 per tract required on day of sale (April 28^th, 2022). Close on or before June 28^th, 2022. Subject to seller confirmation.  Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence. Auction starts ending at 4 PM on April 28^th, 2022. 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.

Pre-Auction Sales: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform.  Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all of the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner.  Seller may accept or reject such offer at their sole and absolute discretion.  When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance.  A Buyer’s Broker Fee of (2%) is offered on any pre-auction offers that are properly completed and submitted on the appropriate forms provided by the auction company.