For Sale
$799,500

800 Blue Ridge Ave Bedford, VA 24523

7,516 SF, 8-unit shopping center, VA

Overview

Added:
Dec 11, 2024
Days on market:
136
This Bedford, VA shopping center presents a compelling investment opportunity. Two buildings totaling 7,516 square feet, situated on a 5.96-acre lot, house eight tenant spaces. Currently at 75% occupancy, the property boasts 562 feet of road frontage, paved parking, and public water and sewer. Built in 2007 and 1988, the single-story buildings are zoned B-2 commercial and benefit from a location within a State and Town Enterprise Zone, offering potential incentives. A rear pad lot allows for future expansion. Conveniently located less than a tenth of a mile from Route 460 (Lynchburg-Salem Turnpike), this net-lease property offers strong potential for income and growth. The property includes two buildings, and the address is 800 & 810 Blue Ridge Ave, Bedford, VA 24523. The asking price is $799,500. APN: 80500471.

Highlights

  • $799,500 asking price for this mixed-use, net-lease shopping center.
  • 7,516 square feet across two buildings on a 5.96-acre lot in Bedford, VA.
  • Eight tenant spaces with 75% occupancy.
  • Located in a State & Town Enterprise Zone, offering potential tax incentives.
  • Features 562 feet of road frontage and paved parking; public water and sewer available.
  • Conveniently located near Route 460.

Property Details for 800 Blue Ridge Ave

Property type
Lifestyle centers, Power centers
Square Feet
7,516 SF
Year Built
2007
Buildings
2
Stories
1
Lot Size (sq. ft)
259,618 SF
Units
8

Location Insight

City
Bedford
County
Bedford
State
Virginia
Latitude
37.335952607328
Longitude
-79.541098543571

FAQs

What type of property is this?
Lifestyle center - 7,516 SF, 8-unit shopping center, VA
Where is the lifestyle center located?
The property is located at 800 Blue Ridge Ave Bedford, VA.
What is the asking price?
The asking price for this property is $799,500.
What are key features of this property?
This property features: $799,500 asking price for this mixed-use, net-lease shopping center.; 7,516 square feet across two buildings on a 5.96-acre lot in Bedford, VA.; Eight tenant spaces with 75% occupancy.
How can I contact the broker?
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800 Blue Ridge Ave
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