495, 501 Piedmont ST
$950,000
495, 501 Piedmont ST
Blacksburg, VA 24060
Property Type
Commercial Sale
Year Built
1940
Lot Size
2.45 acres
Garage

About This Property

Unique Downtown Blacksburg development opportunity, within walking distance to VT, made possible by the NEW ZONING ORDINANCE 2053, By Rights development of SMALL LOTS in the R-4 districts. The properties include 2 cottage homes and 2 lots. The cottages are well maintained and offer a generous rental income; the assembling of these properties resulted in a total of 2.45 acres which exceeds the minimum 2 acres for the small lot subdivision zoning amendment approved in November 2024. Perfect opportunity to be a part of the plan to fill the gap between large-lot single family and dense apartment complex, providing more townhomes, duplexes, and cottage homes. For more information see zoning sec. 3043.

Property Details

Interior

Exterior & Lot

Lot Size
2.45 acres
Year Built
1940

Location

County
Montgomery County
ZIP Code
24060

Financial

Listing Terms
Annual Taxes
$1,972

Utilities

Sewer
Public Sewer

Schools

Heating

Heat Pump

Cooling

Heat Pump

Location

Listing Information

MLS #
927710
Listing Agent
EDWARD DALE GALLIMORE
Listing Office
U/C BLUE RIDGE LAND & AUCTION CO INC- C'BURG
Listed Date
May 23, 2026
Brian Deacon
Brian Deacon
Realtor®, Broker

Contact Brian Deacon About This Property

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