$4,250,000
1320 Wards Ferry RD
Lynchburg, VA 24502
MLS# 842243



1320 Wards Ferry RD, Lynchburg, VA 24502
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1320 Wards Ferry RD, Lynchburg, VA 24502 1320 Wards Ferry RD, Lynchburg, VA 24502

Property 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..

Details
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
Type of Business: Industrial Warehouse
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
Property Features
Limited Service: Not Limited Service
Commercial Type: Industrial
Sale Includes: Building & Land; Additional LND Avail
Construction: Block; Metal
Roof System: Metal
Heating: Gas Heat
Floors: Concrete
Manufactured Homes: No HUD Tag
Additional Features: Loading Docks; Overhead Door
Water Description: Public Water
Sewer Description: Public Sewer
Documents Available: Survey

Listing Office: MKB, REALTORS®

Last Updated: September - 21 - 2024

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