105 Tradewynd DrLynchburg, VA 24502

  • Retail properties
  • 2,500 SF
For Sale
$499,900 View listing

Property Details for 105 Tradewynd Dr

Year built
2003
Lot size
0.03 AC
Property size (Sq ft)
2,500 SF
Zone code
R2C
Property type
Retail properties
Property subtype
Retail space
APN
250 17 004
APU
25017004

Description

This exceptional 2,500 square foot commercial property located at 105 Tradewynd Drive, Lynchburg, VA, presents a compelling investment opportunity for owner-occupants. Situated on a 0.03-acre lot at a prominent stoplight location in the Summit area, this building boasts unparalleled visibility and accessibility. Currently configured as an executive rental, the main level features five private offices, a mini-kitchen, and two restrooms, ideal for a professional business. An open floor plan on the second level is currently occupied by a month-to-month tenant, offering immediate rental income. This upper level includes a restroom, office space, kitchen, and a spacious gathering room, all conveniently accessible at walk-in level from the rear of the building. The absence of steps on the upper level enhances accessibility and usability. The property's strategic location and versatile layout make it suitable for a variety of uses, offering significant potential for both immediate income and long-term growth. The asking price is $499,900. This is a rare opportunity in a high-demand area

105 Tradewynd Dr, Lynchburg, Virginia

Location Insight

City
Lynchburg
County
Lynchburg City
State
Virginia
Latitude
37.3569
Longitude
-79.2405
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
$2,718
$60,500
$244,900
$305,400
-
$60,500
$244,900
$305,400

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