408 Federal St - Retail FOR SALE


Lynchburg, VA 24504- Downtown Lynchburg
$795,000 USD
434-841-5551
408 Federal St, Lynchburg, VA for Sale
$795,000 USD
Retail - FOR SALE
1/4
null | Request Cap Rate

408 Federal St
Lynchburg, VA 24504
Downtown Lynchburg


HIGHLIGHTS

  • Corner location near CBD
  • Paved Parking Lot
  • Opportunity Zone, Enterprise Zone, and Revitalization Zone location

OVERVIEW

8,144sf building constructed in 2016 as a Family Dollar. 0.807ac corner parcel at roundabout intersection of Fifth St. & Federal St. Paved parking lot with 25 parking spaces. 400A, 3-phase electrical service. Property is served by public water and sewer. Located across from Centra Health 5th Street Community Health Center, the Centra PACE facility, and Johnson Health Center, near downtown Lynchburg. Building is adaptable for a variety of uses. Property is located within an Opportunity Zone, Enterprise Zone, and Revitalization Zone. Property is also for lease at $12/sf NNN.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$99 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

B-4

APN/PARCEL ID

024-10-001

ASK ABOUT THIS PROPERTY

Christopher Gentry, SIORGentry Commercial Real Estate, Inc.More Info
434-841-5551

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Christopher Gentry, SIORGentry Commercial Real Estate, Inc.More Info
434-841-5551

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.