302 Lexington Turnpike Amherst, VA ^$ 379,900

302 Lexington Turnpike

^$ 379,900

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Recently Listed

302 Lexington Turnpike

Amherst, VA, 24521

^$ 379,900

Studio Baths0.0 Sq 1,024

Monthly Estimate*

^$ 2,525

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Studio

Commercial Property for sale in Amherst, VA

for $379,900. This 1,024 square foot building was built in 1959 on a lot size of 2.

Over 10000 SF commercial building just outside of the town limits on 60 west (Lexington Turnpike). Currently 3 tenants are on a yearly lease with a total of $1,450.00 income on a monthly. The leases cannot be terminated before their end date. There is a possibly of additional income with an apartment/office area of 1000+/- sq.ft on the first level an a garage area of 2048sq. ft. on the lower level that are not currently leased due to the owner using the areas. Being sold "AS IS WHERE IS"

Commercial Active

Price

^$ 379,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,163

Style

Commercial/Indust

Lot Size

Year Built

1959

Town/City

Amherst

County/Region

Amherst

MLS | Web ID

353157

Features

General

Sewer Septic Tank

Cooling Heat Pump Office Area Only

Zoning B-2

HOA 0.00

Year Built 1959

Property SubType Commercial/Indust

County Amherst

Property Type Commercial/Indust

Close Price 0.00

Status Active

Directions 29 north to the Town of Amherst 60 west to property on the right.

City Amherst

MLS Area Amherst

Lot Size Units Acres

Lot Size Square Feet 87120.00

Availability Date 1800-01-01

Days on Market 0

Lease Type Net

Legal Description Tax Parcels 95-A-21 & 81-A-22 Deed Book 1231 Page 89

Interior

Flooring Concrete Vinyl Tile

3/4 Baths 0

Exterior

Water Source Well

Total Parking 0.00

Number of Buildings 0

Lot Size Acres 2.0000

Lot Size Source (Public Records)

Road Frontage Type Paved State Road Two Lane

Internal Only

Street Number 1 302

* Excluded Features

List By

Lynn Bowling

Listing Agent

Montague Miller And Co.-Amher

Broker

lynnbowling@gmail.com

Affordability Calculator

$2,622

Per Month

Monthly Principal & Interest: $2,525
Monthly Property Taxes: $97
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Amherst, VA

Average List Price ^$598,940

Percent of Sale Price 58%

About Amherst, VA

2,021 Population

-14% Since 2002

^$47,924 Median Income

37.98 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2091853 Elementary School

2091817 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/26/2024	$379,900		Listed Price

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302 Lexington Turnpike, Amherst, VA, 24521 is a Commercial Property for sale at $379,900 with 1,024 sqft and a lot size of 2. 302 Lexington Turnpike is a studio with 0.0 baths and was built in 1959. The property's zip code is 24521 which is in Amherst, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Lynchburg Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Multiple Listing Service of the REALTORS Association of the Muscle Shoals Area, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/30/2024.

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302 Lexington Turnpike

Commercial Property for sale in Amherst, VA

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