Redevelopment Opportunity on Major Corridor
3731 Old Forest Road, Lynchburg, Virginia 24501
Sold: $290,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
2,300 sqft
Land Size
1.26 acres
Sewer
Septic (sewer nearby)
Water
Public
Zoning
Business
Year Built
1956
Parking
On-site
Property Description
Total of +/- 1.26 acres currently improved with a 2,300 commercial building. Sale includes two parcels, with frontage on Old Forest Road as well as Camp Avenue. City water available to the site and public sewer in the vicinity. Property has significant redevelopment potential. Existing structure could be razed for new development or renovated/expanded. Additional undeveloped land area could be utilized for additional improvements, parking, etc. Property is located within a heavily traveled corridor with many new retail, office and medical businesses. Traffic count of over 21,000vpd.