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1503 Grace St
Lynchburg, VA 24504
Health Care Property For Sale · 45 Beds
PROPERTY FACTS
| Property Type | Health Care | No. Beds | 45 |
| Property Subtype | Assisted Living | No. Stories | 4 |
| Building Class | B | Year Built | 1860 |
| Lot Size | 0.93 AC | Parking Ratio | 1.12/1,000 SF |
| Building Size | 50,140 SF |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | B |
| Lot Size | 0.93 AC |
| Building Size | 50,140 SF |
| No. Beds | 45 |
| No. Stories | 4 |
| Year Built | 1860 |
| Parking Ratio | 1.12/1,000 SF |
About 1503 Grace St , Lynchburg, VA 24504
This unique local landmark is a part of our city's history. What was once Lynchburg's very first hospital is now serving the community as a fully functioning (and profitable) group home. Floor plans to transform this big beauty into apartments have been done by a local architect and convey with the sale. The third floor is currently vacant so start the reno there while covering expenses (and then some) from the group home functioning on the main two levels. While the ground level is vacant it does hold a chapel, storage, a loading dock and is set up for a commercial kitchen and dining hall. With a B-1 zoning there are lots of options and potential in this rock solid 1800's, 47000 square foot marvel. Call the listing agent for more details and to schedule a showing today!
PROPERTY TAXES
| Parcel Number | 025-31-001 | Improvements Assessment | $3,645,200 |
| Land Assessment | $249,800 | Total Assessment | $3,895,000 |
PROPERTY TAXES
zoning
| Zoning Code | B1 |
| B1 |
