305 Gristmill Drive Forest, VA 24551

$1,495,000
305 Gristmill Drive, Forest, VA 24551
312990

Commercial Property for sale in Forest, VA

for $1,495,000. This 11,040 square foot building was built in 1990 on a lot size of 75838.00 SQFT.

Property Information

  • $1,495,000
  • Commercial
  • 11,040 Square Feet
  • Taxes are $6,640
  • Active
  • Lot size of 75838.00 SQFT
  • Built in 1990
  • Forest, VA
  • Bedford County
  • MLS/Web ID is 312990
  • Just Listed

Description

Prime commercial location in Forest near Graves Mill Shopping Center. Currently used as a daycare center but is easily adaptable to other commercial uses. Gristmill is a connector road with moderate traffic between Graves Mill Road and US Route 221. Economically active area and lot size allows for possible further expansion. Site has public water and sewer. Digital sign at street frontage! Standing seam metal roof and attractive 1.5 story building design constructed by Buzzy Coleman in 1990.

Interior 5

Cooling System

  • Heat Pump

Flooring

  • Vinyl Tile

Heating System

  • Hot Water Heater: Electric

Sewer

  • County Sewer

Water Source

  • County Water

Exterior 3

Construction

  • Masonry

Road Frontage

  • 2 Lane
  • Private Road

Siding

  • Aluminum

Miscellaneous 1

Commercial

  • 220 Volts
  • Partially Fenced
  • Reception Area

† Excluded Feature

Listed By

Listing Agent: Terri L Proffitt
Broker: CONSENSUS REAL ESTATE SERVICE, LLC

305 Gristmill Drive, Forest, VA, 24551 is a Commercial Property for sale at $1,495,000 with 11,040 sqft and a lot size of 75838.00 SQFT. 305 Gristmill Drive has 0.0 baths and was built in 1990. The property's zip code is 24551 which is in Forest, VA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Forest $379,726 75 % below $348,900 77 % below
Commerical listings in Forest $529,111 65 % below $190,000 87 % below
Sold listings in Forest $189,140 87 % below $173,500 88 % below

Get the facts about Forest, VA!

Population 10,114
Population Growth (since 2000) 31 %
Median Income $66,876
Median Age 44.06
Households w/ Children 30 %

Residential Dwellings

  • Owned 3291
  • Vacant 213
  • Rented 833

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