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810 Blue Ridge Ave 7,516 SF Retail Building Bedford, VA 24523 $799,495 ($106.37/SF)

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Investment Highlights

  • 1.5 acres of buildable land at the back the of lot.
  • Right off Highway 460.

Executive Summary

Commercial Center with retail and office spaces on 5.96 Acres in the Town of Bedford.
Enterprise Zone Incentives from both the State and the Town.
800 and 810 Blue Ridge Ave, Bedford, VA 24523
2 one-story commercial buildings totaling 7,516 sf in easily accessible prime location on the west side of the Town of Bedford approximately 1/10 of a mile from the highly traveled Rt 460 Corridor (Lynchburg-Salem Turnpike).
Retail and office space with paved parking lot
Bldg 1 built in 1988 has 3,700 sf
Bldg 2 built in 2007 has 3,816 sf
State Enterprise Zone #12 offering State and Town incentives
Public water and sewer
462 ft of road frontage
Zoned B-2
The property is offered for sale 3 ways:
$799,500 for entire property with 2 buildings, pad site, and parking lot on 5.96 acres.
$645,000 for 2 buildings and parking lot on 2.09 acres.
$299,500 for 3.86 acre pad site in the rear of property without buildings or parking lot.
Mike Williams, REALTOR®
540-525-2939
ML Realty Brokered by Magnolia Mountain Realty
Licensed in Virginia

Attachments

MLS Sheet 6-5-24

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,516 SF
Building Class
C
Year Built
1988
Price
$799,495
Price Per SF
$106.37
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
5.96 AC
Opportunity Zone
Yes
Zoning
B2
Parking
55 Spaces (7.32 Spaces per 1,000 SF Leased)

Nearby Major Retailers

Carter Bank & Trust
CrossFit
Truist Bank
Atlantic Union Bank
First Citizens Bank
  • Listing ID: 30889736

  • Date on Market: 2/6/2024

  • Last Updated:

  • Address: 810 Blue Ridge Ave, Bedford, VA 24523

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