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2250 Murrell Rd 12,000 SF 33% Leased Office Building Lynchburg, VA 24501 $355,000 ($29.58/SF)
Investment Highlights
- Opportunity for Occupier and/or Investor
- Abundant Parking
- In-place Income
- Nicely-maintained and Well-landscaped Property
Executive Summary
3,600 SF office property currently configured for two tenants. Suites B5 and B6 offer a combined 2,400 SF office suite featuring large reception area, 7 private offices plus a conference or training room, 2 restrooms, large storage closet and a coffee break counter. Space was originally built as two separate offices and could easily be subdivided again to accommodate two smaller tenants/occupants. Finishes are updated neutrals with LVP flooring.
Suite B4 is fully separated from Suites B5 and B6 and is leased on a three year term.
Suites B5 and B6 are currently available for lease and can be leased as one unit or subdivided into two units.
This property offers a great opportunity for an owner-occupant or investor.
Suite B4 is fully separated from Suites B5 and B6 and is leased on a three year term.
Suites B5 and B6 are currently available for lease and can be leased as one unit or subdivided into two units.
This property offers a great opportunity for an owner-occupant or investor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
12,000 SF
Building Class
B
Year Built
1983
Price
$355,000
Price Per SF
$29.58
Percent Leased
33%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,000 SF
Zoning
B-3 - Community Business District
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Property Taxes
| Parcel Numbers | Improvements Assessment | $264,600 | |
| Land Assessment | $37,200 | Total Assessment | $301,800 |
Property Taxes
Parcel Numbers
Land Assessment
$37,200
Improvements Assessment
$264,600
Total Assessment
$301,800
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2250 Murrell Rd
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