Lynchburg National Bank | 901 Main St
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Lynchburg National Bank 901 Main St
28,118 SF 100% Leased Office Building Lynchburg, VA 24504 $1,895,000 ($67/SF)
Investment Highlights
- Property is located on the most prominent corner in downtown Lynchburg ( Main St/9th St)
- 40 dedicated parking spaces available in the City of Lynchburg's parking deck
- Located at a signalized intersection
Executive Summary
28,118 sq ft building on .20 ac
Four floors serviced by an elevator
Building floors have been cleared to an open space design ready for renovation
Ideally suited for a mixed use development
40 dedicated parking spaces for 901 Main St use located in the City of Lynchburg's parking deck across Main St
Zoned B-4 which allows for a variety of commercial and residential uses
State and Federal tax credits available along with the City of Lynchburg building renovation incentives provided to the Purchaser
Additional information available upon request
Four floors serviced by an elevator
Building floors have been cleared to an open space design ready for renovation
Ideally suited for a mixed use development
40 dedicated parking spaces for 901 Main St use located in the City of Lynchburg's parking deck across Main St
Zoned B-4 which allows for a variety of commercial and residential uses
State and Federal tax credits available along with the City of Lynchburg building renovation incentives provided to the Purchaser
Additional information available upon request
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
28,118 SF
Building Class
B
Year Built
1916
Price
$1,895,000
Price Per SF
$67
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
7,030 SF
Building FAR
3.23
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
B4 - Allows for a variety of commercial and residential uses
Amenities
- Security System
Walk Score ®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | 024-50-004 | Improvements Assessment | $1,122,800 |
| Land Assessment | $253,500 | Total Assessment | $1,376,300 |
PROPERTY TAXES
Parcel Number
024-50-004
Land Assessment
$253,500
Improvements Assessment
$1,122,800
Total Assessment
$1,376,300
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Lynchburg National Bank | 901 Main St
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