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107 13th St 45,000 SF Vacant Industrial Building Lynchburg, VA 24504 $3,200,000 ($71.11/SF)

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INVESTMENT HIGHLIGHTS

Centrally Located, Foot Traffic, 3 addresses , 1 block wide. PARKING
Open Plan, Exposed Brick/ stone walls in Warehouse & Renovated spaces.

Lots of Natural Light with 35' ceilings & tons of sky lights.

EXECUTIVE SUMMARY

Historical Tobbacco warehouse Ca 1899 , " BOOKERS WAREHOUSE", 45k sq ft worth of Oppurtunity. Qualifies for HISTORICAL TAX CREDITS . Solid Heart of Pine petrified beams throughout are super structurally sound , 2 levels, 35' ceiling with bright skylights, The Building is a Block wide and fronts Commerce St , 12th st & 13th st . 3 addresses , 1225 Commerce st , 139 12th st & 107 13th st. Over $200,000.00 worth of Beautiful Develpopment Design plans will convey to the buyer with exact measured floor plans by Architect firm Dominion 7.
Existing Exterior Parking Lot and the Potential of a large Indoor Parking Garage lot as part of the residential build out OR a HUGE Parking Garage option for residual income.
Building is currently being used by Owner for Estate & Consignment Furniture Retail, Wine shop, Interior Design firm, Realestate offices, AirBNB , Storage and Event space rentals.
Full Marble & Stainless Kitchen, Full Designer Bath, 2 half baths,Hardwood Floors, Tile floors, Vinyl Plank floors, 2 Mini Splits,2 Radiant Gas heaters,Fporced air Heat pump with gas back up. Cat 5 cables through out renovated spaces.WI FI & security system.

Brochure

PROPERTY FACTS

Price	$3,200,000	Rentable Building Area	45,000 SF
Price Per SF	$71.11	No. Stories	2
Sale Type	Investment or Owner User	Year Built	1899
Sale Condition	Redevelopment Project	Parking Ratio	0.44/1,000 SF
Property Type	Industrial	Clear Ceiling Height	35’
Property Subtype	Warehouse General Retail Restaurant Industrial Manufacturing OfficeLoft Creative Space	No. Drive In / Grade-Level Doors	2
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	0.09 AC
Zoning	B6 - Commercial, Manufacturing, Retail , Multi family, Residential-Almost anything is allowed .

Price	$3,200,000
Price Per SF	$71.11
Sale Type	Investment or Owner User
Sale Condition	Redevelopment Project
Property Type	Industrial
Property Subtype	Warehouse General Retail Restaurant Industrial Manufacturing OfficeLoft Creative Space
Building Class	B
Lot Size	0.09 AC
Rentable Building Area	45,000 SF
No. Stories	2
Year Built	1899
Parking Ratio	0.44/1,000 SF
Clear Ceiling Height	35’
No. Drive In / Grade-Level Doors	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	B6 - Commercial, Manufacturing, Retail , Multi family, Residential-Almost anything is allowed .