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Fort Early Executive Building 3506 Memorial Ave 18,000 SF 100% Leased Office Building Lynchburg, VA 24501 $979,000 ($54.39/SF)
Investment Highlights
- Convenient location
- Multiple offices, restrooms, kitchens, showroom.
- Updated with lighting, electrical, HVAC
Executive Summary
Prime owner/user or investment opportunity! This well maintained property features multiple levels with updated interiors, offering flexible space for retail showrooms, professional offices, kitchens and ample basement storage. Conveniently located in the heart of Lynchburg, just minutes from restaurants, shopping and other local amenities. Zoned B-3, providing a variety of commercial use/office possibilities. For additional information or to schedule a showing, contact June Smith at 804-402-3725.
Appointments Only.
Appointments Only.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Building Size
18,000 SF
Building Class
B
Year Built
1953
Price
$979,000
Price Per SF
$54.39
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,000 SF
Building FAR
1.72
Lot Size
0.24 AC
Zoning
B-2 - B3
Parking
15 Spaces (0.83 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Reception
- Air Conditioning
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Fairly walkable
40/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 054-02-001 | Improvements Assessment | $512,100 |
| Land Assessment | $72,900 | Total Assessment | $585,000 |
Property Taxes
Parcel Number
054-02-001
Land Assessment
$72,900
Improvements Assessment
$512,100
Total Assessment
$585,000
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Contact the Sale Advisor
Fort Early Executive Building | 3506 Memorial Ave