2627 Old Forest Rd
Lynchburg, VA 24501
Locust Thicket · Specialty Property For Sale · 4,496 SF

Locust Thicket (c 1790) - A Lynchburg designated Arts, Dining and Special Event Precinct Historic Event Venue, Gathering Spot, Restaurant, Tasting Room or possible Air BNB Discover a treasure trove of opportunity, a property where history and potential income generation meet! Originally, the seller bought this property out of foreclosure to tear down the ramshackle house and develop townhomes, until they uncovered the historical significance of the Locust Thicket Property and its potential to be so much more than just another townhome development. So, the property was re-zoned and a Site Plan developed in order to convert the run down property into an Arts, Dining and Special Events Precinct. The c 1790 home was extensively renovated to accommodate a restaurant tenant. The Stone Hearth was the last restaurant to occupy until April, 2018 at $72,000 gross rent. With its current zoning, approved site plan and close to 4 acres of surrounding property there are many options available for increasing the income of this property- add retail, a farmer's market area, special events center, underground tavern, historical lectures & tours, bakery/coffee shop, spa, brewery, distillery etc? Do your research and decide. The Locust Thicket Project was awarded a State Tourism Growth Fund Grant in 2016 which reimbursed 30% of all capital expenses undertaken during Phase One of the Project development and any future expansion construction projects may also be eligible. The next planned phase includes: Renovation of existing log cabin to bakery/coffee house Restoration of original well and ice house Construction of 3,000 SF 2 story event building Self-tour signage Privacy fencing, landscaping Lynchburg has a modestly growing population and is 100 miles west of Richmond, 200 miles southwest of Washington, DC, 55 miles east of Roanoke and 65 miles from the Virginia-North Carolina state line. HISTORY Locust Thicket is a historically significant property. The plantation manor home was built in 1790 by Major Samuel Beverley Scott soon after he was discharged from George Washington's Revolutionary Army. Originally thousands of acres, the property abutted Poplar Forest, Thomas Jefferson's farm and at one time was involved in a boundary dispute with Jefferson. The manor home was at the frontline of the Battle of Lynchburg in the Civil War. Major Scott, his wife and other family members are buried within the cemetery on site. The cemetery is in the process of being restored with the construction of a rock wall enclosure, thanks to assistance from the Sons of the Union Veterans of the Civil War and Daughters of the American Revolution.