135 Scattergood, Scattergood Portfolio
Campus opportunity or Retail Value Add-Part of a Portfolio offering
Marketing description
Investment Opportunity
135 Scattergood Drive presents a unique institutional-quality facility in the heart of the Blacksburg market, minutes from Virginia Tech, one of the largest research universities in the United States.
Originally developed as a high-end worship and assembly facility, the property features a large amphitheater-style auditorium with advanced sound, lighting, and presentation technology, making it ideal for a wide range of adaptive reuse opportunities including educational, corporate, event, or community uses.
The property also features an active coffee shop, providing an on-site café amenity that serves both tenants and visitors.
Large executive offices, owners apartment with luxury fixtures and elevated deck space.
The flexible layout includes large gathering spaces, classrooms, meeting rooms, and administrative areas, allowing for immediate use or repositioning.
For investors or institutional users seeking scale, the property may be combined with the neighboring properties at 77 and 125 Scattergood Drive, both of which are leased-creating a multi-building campus suitable for education, corporate headquarters, nonprofit organizations, innovation labs, or mixed-use redevelopment.
Portfolio Opportunity
135 Scattergood Drive may be acquired individually or as part of a three-building Scattergood Drive portfolio, including:
- 77 Scattergood Drive – flexible commercial building suitable for medical, education, or office use
- 125 Scattergood Drive – additional commercial office, retail or institutional space
- 135 Scattergood Drive – large assembly facility with auditorium and café, full kitchen, warehouse/storage, owners suite and executive offices.
Together, the properties create a rare multi-building campus environment in Blacksburg, capable of supporting education, medical, research, nonprofit, or technology-oriented users, or repurposed for expanding retail with the adjacent large feeder neighborhoods.
Investment highlights
New River Valley — home to Virginia Tech (40,000+ students)
Strong regional growth driven by technology, research, and healthcare sectors
Easy access to US-460 and I-81 corridor
Located in the New River Valley, one of Virginia’s fastest-growing innovation regions
Former high-end church facility with professional-grade sound, lighting, and stage infrastructure
Large amphitheater-style auditorium ideal for events, performances, lectures, or conferences
Coffee shop operating on-site, providing an existing café amenity and gathering space
Specific Children’s Areas
Flexible interior layout with large gathering areas, classrooms, meeting rooms, and offices
Ample parking supporting large events, services, or institutional uses
High ceilings and modern systems designed for large audience capacity
Owner/Operator Luxury Apartment with Covered Patio space
Located minutes from Virginia Tech and downtown Blacksburg
Ideal adaptive reuse for:
College or private education campus
Corporate training or retreat center
Conference/event venue
Church or nonprofit headquarters
Performing arts center
Innovation hub or incubator space
Opportunity to combine with adjacent properties at 77 and 125 Scattergood Drive for a multi-building campus environment
Available individually or as part of a portfolio sale
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