Bought with Ian H Smith • Legacy Realty and Development
$1,350,000
$1,550,000
12.9%For more information regarding the value of a property, please contact us for a free consultation.
3622 Old Forest RD Lynchburg, VA 24501
14,280 SqFt
Key Details
Sold Price $1,350,000
Property Type Commercial
Sub Type Commercial/Indust
Listing Status Sold
Purchase Type For Sale
Square Footage 14,280 sqft
Price per Sqft $94
Subdivision Old Forest Rd Commercial Corri
MLS Listing ID 358818
Sold Date 08/01/25
Year Built 1999
Annual Tax Amount $10,013
Lot Size 6.500 Acres
Property Sub-Type Commercial/Indust
Property Description
Investment Property - Olde Forest Shoppes - Property consists of 14,280 sq. ft. +/- total square feet on 6.5 acres, with a great tenant mix. Currently, six tenants occupy the building, most on a month-to-month lease. Main level is fully leased with one 750 sq. ft. vacancy in the lower level and a large 3,400 sq. ft. unfinished area with drive-in door currently used for Landlord storage. Property is zoned B-3C in the front, and 4.7 acres of R-4 land for future development.
Location
State VA
County Lynchburg
Interior
Flooring Other
Building
Sewer City
Others
Acceptable Financing Conventional
Listing Terms Conventional
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