1320 Wards Ferry RD, Lynchburg, VA 24502

$4,170,000
Property Type: Commercial Lot Size (sq. ft.): 806,731 Status: Closed
Current Price: $4,170,000 List Date: 10/16/2017 Last Modified: 9/21/2024

Description

Metal & Block industrial warehouse. Constructed in 1964 with addition in 1994. 16-30 foot ceilings, 100% sprinkled, gas space heat, 15,000 SF office. Building updates in 2013 including T8 lighting, multiple dock loading. Strong national tenant for 30+ years. Triple net 5 year lease expiring 7/31/22 with 5 year option. Current gross income $470,083. Near Liberty University. 1306 Wards Ferry RD with 3.6 acres sold with property..

More Information MLS# 842243

Contract Information

Current Price: $4,170,000 Sold Price: $4,170,000 List Date: 2017-10-16 Status: Closed

General Property Description

Construction Status: Completed Year Built: 1964 Total Acreage: 18.52 Road Frontage: 706.65 Flood Area: No Gross Lot SqFt: 652093 On site Parking: Yes Gross Building SqFt: 144663 Office SqFt: 15000 Warehouse SqFt: 129663 Lease Available: No Basement Y/N: No Water Class: N/A

Location Legal Taxes

Area: 1900 - City of Lynchburg Street Number: 1320 Street Name: Wards Ferry Street Suffix: RD State/Province: VA Zip Code: 24502 Municipality: City of Lynchburg

Status Change Info

Ratified Contract Dt: 2018-03-19 Sold Date: 2018-12-17 Sold Price: $4,170,000

Business Type

Type of Business (Historical Field): Industrial Warehouse

Property Features

Limited Service: Not Limited Service Commercial Type: Industrial Sale Includes: Building & Land; Additional LND Avail Construction: Block; Metal Siding Roof System: Metal Heating: Natural Gas Floors: Concrete Manufactured Homes: No HUD Tag Additional Features: Loading Docks; Overhead Door Water Description: Public Sewer Description: Public Sewer Documents Available: Survey
Listing Office: MKB, REALTORS®
Last Updated: September - 21 - 2024
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