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
- Major Area
- 19 - City of Lynchburg
- Legal
- SIMPLIMATIC, TWO PTS LOT B
- Tax ID
- 25703009 & 25703123
- Annual Taxes
- 37228
- Zoning Code
- I-2
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
Remarks & Misc
- Directions
- US Route 460E, take US 29 N, merge onto Wards Road, left onto Wards Ferry Road.
More Information
Limited Service
- Not Limited Service
- Yes
Construction
- Block
- Yes
- Metal Siding
- Yes
Commercial Type
- Industrial
- Yes
Sale Includes
- Building & Land
- Yes
- Additional LND Avail
- Yes
Heating
- Natural Gas
- Yes
Income & Expenses
- Gross Income
- 470083
- Gross Expenses
- 36500
Water Description
- Public
- Yes
Documents Available
- Survey
- Yes
Sewer Description
- Public Sewer
- Yes
Manufactured Homes
- No HUD Tag
- Yes
Roof System
- Metal
- Yes
Floors
- Concrete
- Yes
Additional Features
- Loading Docks
- Yes
- Overhead Door
- Yes
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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