For Sale
$1,900,000

3100 Old Forest RdLynchburg, VA 24501

10,113 SF Freestanding Building, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
114
This 10,113 square foot freestanding building sits on a 1.106-acre lot in Lynchburg, Virginia. Originally constructed in 1998 as a pharmacy with a drive-thru, this versatile property offers significant redevelopment potential. The B-3 Community Business zoning allows for a variety of uses, including retail, multi-tenant, or medical. The building boasts 53 paved parking spaces and a convenient drive-thru configuration. Its prime corner location at a signalized intersection ensures excellent visibility and accessibility, benefiting from over 21,000 vehicles per day. Additional features include public water and sewer access, and a large pylon sign. The asking price is $1,900,000, translating to $187.88 per square foot. This property presents a compelling investment opportunity in a high-traffic area with diverse redevelopment possibilities. The property's address is 3100 Old Forest Rd, Lynchburg, VA 24501, and its APN is 16901002.

Highlights

  • $1,900,000 asking price for a 10,113 square foot retail building.
  • Located on a 1.106-acre lot in Lynchburg, VA, at 3100 Old Forest Rd, with a B-3 Community Business zoning designation.
  • Features 53 paved parking spaces and a drive-thru configuration.
  • High visibility corner location at a signalized intersection with over 21,000 vehicles per day.
  • Originally built as a pharmacy, adaptable for various retail, multi-tenant, or medical uses, or redevelopment.

Property Details for 3100 Old Forest Rd

Property type
Retail properties, Retail space
Square Feet
10,113 SF
Year Built
1998
Buildings
1
Stories
1
Lot Size (sq. ft)
48,177 SF
Units
1

Location Insight

City
Lynchburg
County
Lynchburg City
State
Virginia
Latitude
37.414643614738
Longitude
-79.207476821513
3100 Old Forest Rd, Lynchburg, Virginia

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3100 Old Forest Rd
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