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Listed by Mike Osei Jr. • Long & Foster-Forest
$ 368,000
Est. payment /mo
New
29 Cabell ST #31 Lynchburg, VA 24504
13,978 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Indust
Listing Status Active
Purchase Type For Sale
Square Footage 13,978 sqft
Price per Sqft $26
Subdivision Commercial Misc
MLS Listing ID 364135
Year Built 1878
Annual Tax Amount $1,176
Lot Size 6,246 Sqft
Property Sub-Type Commercial/Indust
Property Description
Rare chance to own this circa 1878 former Imperial Tobacco Co. warehouse almost 14,000 square feet, an exceptional, authentic redevelopment opportunity at Point of Honor in the heart of downtown Lynchburg. Unprecedented location, walks out to beautiful Blackwater Creek Trail & is minutes'walk to the new Riverfront Park amphitheater. Zoned B-5, ideal for business, residential, or work-live development. Not zoned historic, but borders Daniel's Hill Historic District and Part 1 of Historic Tax Credit redevelopment already approved (up to 45% in tax credits for qualified improvements) & in city rehab program zone. New as-built drawings show a gross development area with an attic could potentially add even more development space to your development. Come bring your own development ideas & plans to this one, it will for sure be a great gem!
Location
State VA
County Lynchburg
Zoning B-5
Interior
Flooring Wood
Exterior
Utilities Available American Electric
Roof Type Built Up
Building
Sewer City
Others
Miscellaneous Landscaped
