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



1320 Wards Ferry RD, Lynchburg, VA 24502
  1 / 2  
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
Major Area: 19 - City of Lynchburg
Area: 1900 - City of Lynchburg
Street Number: 1320
Street Name: Wards Ferry
Street Suffix: RD
State/Province: VA
Zip Code: 24502
Legal: SIMPLIMATIC, TWO PTS LOT B
Municipality: City of Lynchburg
Tax ID: 25703009 & 25703123
Annual Taxes: 37228
Zoning Code: I-2
Remarks & Misc
Directions: US Route 460E, take US 29 N, merge onto Wards Road, left onto Wards Ferry Road.
Status Change Info
Ratified Contract Dt: 2018-03-19
Sold Date: 2018-12-17
Sold Price: $4,170,000
Income & Expenses
Gross Income: 470083
Gross Expenses: 36500
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: January - 19 - 2019


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.