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1537 Park Ave

1,344 SF Retail Building Lynchburg, VA 24501 £197,250 (£147/SF)

Executive Summary

This 1,344 SF convenient store space is fully built out and is ready to occupy. Property also available as MLS#: 341015 (total list price $500,000) which includes the adjoining property at 1541 Park Ave. That property offers a 1,856SF block garage and a 280SF, 1 BR/1 BA vinyl sided home, both of which are currently occupied, generating rental income.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Storefront
Building Size
1,344 SF
Building Class
C
Year Built
1934
Price
£197,250
Price Per SF
£147
Tenancy
Single
Number of Floors
1
Building FAR
0.28
Land Acres
0.11 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
B5

About 1537 Park Ave , Lynchburg, VA 24501

Rare opportunity! Prime location, downtown Lynchburg commercial property (B-5 zoning). Lots of potential here! Ample parking at this convenience store, with 1,344SF and is waiting for its new owners to reopen or change to suit your needs. Property also available as MLS#: 341015 (total list price $500,000) which includes the adjoining property at 1541 Park Ave. That property offers a 1,856SF block garage and a 280SF, 1 BR/1 BA vinyl sided home, both of which are currently occupied, generating rental income.

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Walk Score ®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 010-45-009 Improvements Assessment £48,050
Land Assessment £13,492 Total Assessment £61,542

PROPERTY TAXES

Parcel Number
010-45-009
Land Assessment
£13,492
Improvements Assessment
£48,050
Total Assessment
£61,542
(434) 455-4777

  • Listing ID: 27615497

  • Date on Market: 27/01/2023

  • Last Updated:

  • Address: 1537 Park Ave, Lynchburg, VA 24501

The Retail Property at 1537 Park Ave, Lynchburg, VA 24501 is currently available For Sale. Contact Berkshire Hathaway HS Dawson Ford Garbee for more information.

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1537 Park Ave
(434) 455-4777 x

1537 Park Ave

Robert Dawson

(434) 455-4777

(434) 455-4777

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