403-405 Clay St SE
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403-405 Clay St SE
2 Specialty Properties Offered at $1,574,609 CAD in Blacksburg, VA
Investment Highlights
- Great redevelopment opportunity with multi-family zoning
- Short walk to downtown and Virginia Tech campus.
Executive Summary
Investment Opportunity. Zoned RM-27. Low Density MULTI-UNIT Residential. A lot of different options to develop this property.
403 Clay St SE: Leased thru JULY 2025. $4,250.00 this school year. $4,500.00 next school year. GOOD BONES. Brick and hardwood. The numbers are impressive. 7 bedrooms, 2 kitchens, 3 bathrooms, 2 fireplaces, over 4,000 square feet. Condition is poor. Needs work. Second kitchen is mostly unusable. Located downtown. Easy to rent.
405 Clay St SE: Sold "AS IS". Brick ranch, hardwood floors, carport, full unfinished basement, heat pump (central heat and A/C), walk out basement.
403 Clay St SE: Leased thru JULY 2025. $4,250.00 this school year. $4,500.00 next school year. GOOD BONES. Brick and hardwood. The numbers are impressive. 7 bedrooms, 2 kitchens, 3 bathrooms, 2 fireplaces, over 4,000 square feet. Condition is poor. Needs work. Second kitchen is mostly unusable. Located downtown. Easy to rent.
405 Clay St SE: Sold "AS IS". Brick ranch, hardwood floors, carport, full unfinished basement, heat pump (central heat and A/C), walk out basement.
Property Facts
| Price | $1,574,609 CAD | Number of Properties | 2 |
| Price / SF | $226.04 CAD / SF | Individually For Sale | 0 |
| Sale Conditions | Redevelopment Project | Total Building Size | 6,966 SF |
| Sale Type | Investment | Total Land Area | 1.13 AC |
| Status | Under Contract |
| Price | $1,574,609 CAD |
| Price / SF | $226.04 CAD / SF |
| Sale Conditions | Redevelopment Project |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 6,966 SF |
| Total Land Area | 1.13 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 403 Clay St SE, Blacksburg, VA 24060 | Specialty | 4,644 SF | 1962 | - |
| 405 Clay St SE, Blacksburg, VA 24060 | Specialty | 2,322 SF | 1967 | - |
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Noonkester Real Estate
403-405 Clay St SE
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