3000 Memorial AveLynchburg, VA 24501

  • Retail properties
  • 1,644 SF
For Sale
$298,000 View listing

Property Details for 3000 Memorial Ave

Year built
1953
Lot size
0.29 AC
Property size (Sq ft)
1,644 SF
Zone code
B3
Property type
Retail properties
Property subtype
Gas stations
APN
012 10 024
APU
1210024

Description

This exceptional 1,644 square foot commercial property, situated on a 0.29-acre lot at the highly visible corner of Oakley Avenue and Memorial Avenue in Lynchburg, Virginia, presents a remarkable investment opportunity. Its prime location ensures maximum exposure to a substantial daily traffic flow, making it exceptionally suitable for a diverse range of businesses. The B-3 zoning allows for a variety of uses, including but not limited to auto repair shops, gas stations, convenience stores, auto sales dealerships, and hair salons. The property's size offers ample space for both operations and potential expansion, catering to the needs of a growing enterprise. The strategic corner location provides excellent visibility and accessibility, enhancing customer convenience and attracting a wider clientele. This property represents a rare chance to acquire a well-positioned commercial asset in a thriving area of Lynchburg, offering significant potential for return on investment. Serious inquiries are encouraged to explore the possibilities this exceptional location offers. The property is priced competitively at $298,000, reflecting its prime location and versatile zoning. Don't miss this opportunity to secure a valuable piece of Lynchburg commercial real estate.

3000 Memorial Ave, Lynchburg, Virginia

Location Insight

City
Lynchburg
County
Lynchburg City
State
Virginia
Latitude
37.3976
Longitude
-79.1698
CBSA code
31340
CBSA name
LYNCHBURG, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,914
$145,000
$70,000
$215,000
-
$145,000
$70,000
$215,000

FAQs

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