2815 Linkhorne DrLynchburg, VA 24503

Property Details for 2815 Linkhorne Dr

Year built

1987

Construction

FRAME

Lot size

0.63 AC

Property size (Sq ft)

4,225 SF

Zone code

B1

Property type

Other commercial real estate

APN

166 06 006

APU

16606006

Description

This exceptional multi-unit office building presents a compelling investment opportunity in Lynchburg, Virginia. Situated on a highly visible 0.63-acre corner lot at 2815 Linkhorne Drive, the property boasts convenient access from both Old Forest Road and Linkhorne Drive, ensuring high visibility and accessibility. The 4,225 square foot building offers the flexibility to operate as three individual office units, generating rental income, or as a single owner-occupied space with tenant occupancy. Recent improvements include a new roof installed in 2012 and a newly replaced cupola in 2023, minimizing immediate maintenance needs. The strategic location across from the Forest Hill Shopping Center and in close proximity to numerous medical and retail businesses provides significant advantages for attracting tenants and maximizing occupancy rates. This property offers a blend of immediate income potential and long-term growth prospects, making it an attractive addition to any investment portfolio. The building's size and layout provide ample space for various business types, while the high-traffic location ensures consistent exposure. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a thriving Lynchburg market. The asking price is $825,000.

• Alternative Use

  Use

  Valuation

  Residential

  $722,864

  Hospitality

  $662,139

  Educational

  $550,892

  Medical

  $569,838

  Retail

  $856,943

Location Insight

City

Lynchburg

County

Lynchburg City

State

Virginia

Latitude

37.4156

Longitude

-79.2032

CBSA code

31340

CBSA name

LYNCHBURG, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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