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Office Building w/ Additional Lot 2600 Langhorne Rd 6,424 SF 100% Leased Office Building Lynchburg, VA 24501 $599,000 ($93.24/SF)



Investment Highlights
- Corner location with additional parcel for expansion or additional parking
- Building can be divided into multiple units with potential for second floor residential space with walkout rooftop terrace
- Located near Lynchburg General Hospital and major medical hub of Lynchburg
Executive Summary
Office building on 0.448ac corner parcel (2600 Langhorne Road) with an additional 0.117ac lot (2608 Langhorne Road) that can be developed or used for additional parking. +/- 6,424 building constructed in 1972 as a medical office. Building can be divided into multiple office suites with separate entrances.
+/- 4,784sf on main level with +/- 1,640sf on second floor. Second floor space has separate access and was originally constructed as office space with a walkout rooftop terrace, but has potential to be converted into very unique residential space with rooftop terrace.
Property is located directly across from E.C. Glass High School, just a few blocks away from Lynchburg General Hospital and the main medical hub of Lynchburg. Easy access to downtown, the Lynchburg Expressway, Lakeside Drive and the Boonsboro area.
Steel construction with lots of glass, flexible floor plan, multiple restrooms and plumbing locations. Large parking lot to accommodate 22 vehicles which could be expanded on adjoining parcel. Unique office or mixed-use development opportunity.
+/- 4,784sf on main level with +/- 1,640sf on second floor. Second floor space has separate access and was originally constructed as office space with a walkout rooftop terrace, but has potential to be converted into very unique residential space with rooftop terrace.
Property is located directly across from E.C. Glass High School, just a few blocks away from Lynchburg General Hospital and the main medical hub of Lynchburg. Easy access to downtown, the Lynchburg Expressway, Lakeside Drive and the Boonsboro area.
Steel construction with lots of glass, flexible floor plan, multiple restrooms and plumbing locations. Large parking lot to accommodate 22 vehicles which could be expanded on adjoining parcel. Unique office or mixed-use development opportunity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
6,424 SF
Building Class
B
Year Built/Renovated
1972/2022
Price
$599,000
Price Per SF
$93.24
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,764 SF
Building FAR
0.33
Lot Size
0.45 AC
Zoning
B-1 - Limited Business District
Parking
22 Spaces (3.42 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 003-15-001 | Improvements Assessment | $215,600 |
| Land Assessment | $134,400 | Total Assessment | $350,000 |
Property Taxes
Parcel Number
003-15-001
Land Assessment
$134,400
Improvements Assessment
$215,600
Total Assessment
$350,000
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Office Building w/ Additional Lot | 2600 Langhorne Rd
