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33202628
33202624

1819 MAIN ST, LYNCHBURG, VA 24504 For Sale

CD
VA 0225228873
Dominion Commercial
Listed by Dominion Commercial
$399,999
51 days on market
Updated 38 days ago

1819 MAIN ST LYNCHBURG VA 24504

Details
APN 04621015
Property Type Industrial
Sub Type Distribution, Warehouse (+1)
Square Footage 5,500
Net Rentable (SqFt) 5,500
Units 1
Tenancy Single
Pro-Forma Cap Rate 10.00%
Pro-Forma NOI $42,000
Price per SqFt $73
Class B
Year Built 1950
Year Renovated 2008
Buildings 1
Stories 2
Acreage 0.470
Zoning B-5
Parking Spaces 12 spaces
Parking per 1,000 SqFt 2.18
Ground Lease No
Ceiling Height 18
Dock High Doors 2
Ownership Private LLC
Sale Condition For sale by owner

5,500 SF Industrial Building In Prime Lynchburg, VA Location

Marketing description

Offered for sale at $399,999, 5500 sf Industrial Building in Prime Lynchburg, VA location less than 1/4 of mile from US Route 29 . The building is Zoned B-5, permitting a wide variety of uses. The property has an adjacent Fenced in Gated lot perfect for vehicle parking or equipment storage, and easy loading or unloading access. Includes 500 sf of built out area offering Full Bath, kitchen, and offices areas. The warehouse is heated by hanging gas heaters, and roof skylights provide ample light. Roof overlay completed in the last year. 3 Phase, 400 Amp ,240 Volt Power. Includes built out mezzanine areas for additional storage. Two 12'x 12' overhead doors access the property for ingress and egress. Additional undeveloped land behind building is zoned R-3, and could be used for additional parking or development.

Investment highlights

5,500 SF Warehouse/ Shop/ Mechanic/Manufacturing building located on Main Street in Lynchburg, Virginia. This building is very functional, and a great value, offering:

✅ Open Span Warehouse Space

✅18' Ceiling Heights

✅ Two 12' x 12' Grade Level Doors

✅ 3 Phase Power

✅ Gas Heated Warehouse Space

✅ Fenced in Adjacent Lot

✅ Built out Office, Bath, Kitchen Area

✅ Roof replaced in the last year.

✅ Zoned B-5 Permitting a wide variety of business uses

✅ Mezzanine Storage Areas.

✅ Additional land behind building.

✅ Second floor area built out over office containing a Kitchen area and a full bath

Listing Contacts

CD
VA 0225228873
Dominion Commercial
Listed by Dominion Commercial

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Additional Information

Name
Chip Duff
License
0225228873
Brokerage
Dominion Commercial
Brokerage Phone
434-238-6460
Title
Senior Vice President
Brokerage Address
7400 Beaufont Springs Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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