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$950,000
495, 501 Piedmont ST
Blacksburg, VA 24060
MLS# 927710



495 Piedmont St view from back
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495 Piedmont St view from back 495 Piedmont St. Building lot 500 Piemont St. 501 Piedmont side view 501 Piedmont St 501 Piedmont 508 Piedmont side view & private dr 508 Piemond St side. 508 Piemond St. 907 lot 20260512_145843 20260512_145856 20260512_145927 20260512_145939 20260512_150452 20260512_150525 20260512_150550 20260512_155936 20260512_155951 20260512_160019 20260512_160113 20260512_160229 20260512_160316 20260512_160339 20260512_160423 20260512_160937 bath 508 Piedmont (2) bath 508 piedmont St. view of .907 ac lot view of .907 ac main piedmont

Property Description
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.

Details
Maps
General Property Description
Construction Status: Completed
Total Acreage: 2.45
Flood Area: No
On site Parking: Yes
Water Class: N/A
Lease Available: Yes
Year Built: 1940
Location, Tax & Legal
Major Area: 10 - Montgomery County
Tax ID: 018450
Annual Taxes: 1971.66
Area: 1000 - Montgomery County
Street Number: 495, 501
Street Name: Piedmont
Street Suffix: ST
State/Province: VA
Zip Code: 24060
Municipality: Montgomery County
Remarks & Misc
Directions: Clay St to right on to Piedmont, at the end of street.
Limited Service
Not Limited Service: 1
Construction
Vinyl: 1
Commercial Type
Investment: 1
Business Type
Other: 1
Heating
Heat Pump: 1
Lease Info
Lease Terms: Month to Month
Cooling
Heat Pump: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Manufactured Homes
No HUD Tag: 1
Levels
One and One Half: 1
Floors
Wood: 1
Contract Information
Current Price: $950,000
List Price: $950,000
List Date: 2026-05-20
Status: Active
Property Features
Limited Service: Not Limited Service
Commercial Type: Investment
Business Type: Other
Construction: Vinyl
Levels: One and One Half
Heating: Heat Pump
Cooling: Heat Pump
Floors: Wood
Manufactured Homes: No HUD Tag
Water Description: Public
Sewer Description: Public Sewer

Listing Office: U/C BLUE RIDGE LAND & AUCTION CO INC- C'BURG

Last Updated: May - 20 - 2026

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