811 5th ST Pending

Lynchburg,VA 24504

$ 1500000

- Bed

0 Bath

32544 SqFt


Key Details

Property Type Commercial

Sub Type Commercial/Indust

Listing Status Pending

Purchase Type For Sale

Square Footage 32,544 sqft

Price per Sqft $46

Subdivision 5Th Street Corridor

MLS Listing ID 350317

Year Built 1927

Annual Tax Amount $6,363

Lot Size 1.000 Acres

Property Sub-Type Commercial/Indust

Property Description

Versatile corner lot commercial property with back parking lot included in Downtown Lynchburg. Endless opportunities and business ventures with currently leased apartments, a large finished open area directly off 132-foot street-front, finished entertainment space and offices, open garage workshop with multiple car lifts, and lower level with compressors, additional bay doors and open area. Updated efficient heating/cooling (2018), updated roof (2017), updated wiring system/panels, new thermal glass windows on front and new windows throughout. Additional opportunities for development with built-up roof and b-4 zoning. One apartment is 2bd/2ba, Two apartments are 1bd/1.5ba. One currently being renovated. With its convenient location and endless possibilities, this commercial listing has incredible potential for whatever your vision may be.

Location

State VA

County Lynchburg

Zoning B-4

Interior

Heating Electric Ceiling,Forced Warm Air Oil,Heat Pump,Suspended Ceiling

Cooling Heat Pump

Flooring Concrete,Vinyl Tile,Wood,Other

Equipment Compressor,Display Window,Fixtures/Furnishings,Machinery,Roof Sign,Security System,Other

Exterior

Roof Type Built Up

Building

Sewer City

Others

Miscellaneous 3 Phase,Living Space Avail

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