819 Main Street Lynchburg, VA $ 1,189,000
819 Main Street
$ 1,189,000
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819 Main Street

Lynchburg, VA, 24504
$ 1,189,000
Baths0.0 Sq 7,590

Monthly Estimate*

$ 7,902

819 Main Street, Lynchburg, VA 24504 - Image 1
819 Main Street, Lynchburg, VA 24504 - Image 2
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819 Main Street, Lynchburg, VA 24504 - Image 9
819 Main Street, Lynchburg, VA 24504 - Image 10
Studio

Commercial Property for sale in Lynchburg, VA

for $1,189,000. This 7,590 square foot building was built in 1880 on a lot size of 0.07.

Investment Sale - Downtown Mixed-Use 5 - Luxury Loft Units - 100% Leased; 1 - Commercial Space - Leased; 1 - Wells Fargo ATM - Leased Great adaptive re-use project fully completed in 2017. The property features 5 loft units, varying in size and layout. The 7,590 sq. ft., 3 level building was originally built in 1880 and housed several retailers and uses over the years. There is an 1,800 sq. ft., street level, retail/office space and mezzanine seating area that overlooks Main Street. A 3 year lease is in place starting 4/1/2024. All major mechanical, electrical, plumbing and roofing components are 2017 or newer. A future buyer can also take advantage of reduced real estate taxes through June, 2031.

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Commercial Active

Price

$ 1,189,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,028

Style

Commercial/Indust

Lot Size

0.07

Year Built

1880

Town/City

Lynchburg

County/Region

Lynchburg City

MLS | Web ID

351141

Features
General
Sewer City
Cooling Other
Zoning B-4
HOA 0.00
Year Built 1880
Property SubType Commercial/Indust
County Lynchburg
Property Type Commercial/Indust
Subdivision Name Downtown-central Business Dist
Close Price 0.00
Status Active
City Lynchburg
MLS Area Lynchburg
Lot Size Square Feet 3049.00
Street Name Main
Availability Date 1800-01-01
Days on Market 69
Lease Type Net
Legal Description BLK 5
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Interior
Flooring Other
3/4 Baths 0
Street Suffix Street
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Exterior
Water Source City
Total Parking 0.00
Number of Buildings 0
Lot Size Acres 0.0700
Lot Size Units Acres
Lot Size Source (Public Records)
Road Frontage Type City Street
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Internal Only
Street Number 1 819
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* Excluded Features
List By
Ricky Read

Listing Agent

Coldwell Banker Commercial Rea

Broker

RICKY@REALESTATELYNCHBURG.COM

Email

Affordability Calculator

$8,571
Per Month
92%
8%
0%
Monthly Principal & Interest
$7,902
Monthly Property Taxes
$669
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2091853 Elementary School
2091817 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/9/2024$1,189,000 -4.88% Price Down
3/19/2024$1,250,000 Listed Price

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819 Main Street, Lynchburg, VA, 24504 is a Commercial Property for sale at $1,189,000 with 7,590 sqft and a lot size of 0.07. 819 Main Street is a studio with 0.0 baths and was built in 1880. The property's zip code is 24504 which is in Lynchburg, VA