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

Overview

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..

Listing Details MLS# 842243

Location, Tax & Legal

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

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

Status Change Info

Ratified Contract Dt
2018-03-19
Sold Date
2018-12-17

Business Type

Type of Business (Historical Field)
Industrial Warehouse

More Information

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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