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1600 N Main St
Blacksburg, VA 24060
Asking Price
$1.50M
Asset Type
Restaurant Retail
Class
Class B
What's Special
Rare Standalone Opportunity: Flexible GC Zoning on the North Main Corridor. <ul><li><strong>Building Size: </strong>5,482 square feet (Single-story standalone structure).</li><li><strong>Lot Size: </strong>Expansive 1.29 Acre parcel.</li><li><strong>Signage: </strong>Existing infrastructure in place with direct frontage and visibility to North Main Street traffic.</li><li><strong>Parking: </strong>Features 69 dedicated on-site parking spaces.</li><li><strong>Zoning: </strong>Zoned General Commercial (GC), one of the Town of Blacksburg's most flexible commercial des
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NOI
$80,000
Cap Rate
5.35%
DSCR
0.90
Underwater
Cash-on-Cash
-1.95%
Monthly Payment
$7,396.444
Annual Cash Flow
$-8,757.332