600 Elmwood Lynchburg, VA 24503

$3,100,000
600 Elmwood, Lynchburg, VA 24503
314204

Commercial Property for sale in Lynchburg, VA

for $3,100,000. This 47,658 square foot building was built in 1964 on a lot size of 3820212.00 SQFT.

Property Information

  • $3,100,000
  • Commercial
  • 47,658 Square Feet
  • Taxes are $34,000
  • Active
  • Lot size of 3820212.00 SQFT
  • Built in 1964
  • Lynchburg, VA
  • Woodland Neighborhood
  • Lynchburg City County
  • MLS/Web ID is 314204

Description

The former Odd Fellows Home is an 84 room retirement home facility consisting of 47, 658 sq. ft. . It is located on approximately 87 acres in a private park like setting just off of Rivermont Ave. Approx. 5.87 acres has been rezoned to R-4C and approved for a 28 unit attached residential development. The property is bordered by the Blackwater Creek Trail and is approximately 2.5 miles from downtown Lynchburg. Amenities include a sanctuary, dining area, hair salon, activity rooms, communal shower, jack & jill restrooms, & screened-in porches.

Interior 2

Sewer

  • City Sewer

Water Source

  • City Water

Exterior 2

Exterior

  • Sprinkler

Road Frontage

  • City Street

† Excluded Feature

Listed By

Listing Agent: Ricky Read
Broker: COLDWELL BANKER COMMERCIAL READ & COMPANY

600 Elmwood , Lynchburg, VA, 24503 is a Commercial Property for sale at $3,100,000 with 47,658 sqft and a lot size of 3820212.00 SQFT. 600 Elmwood has 0.0 baths and was built in 1964. The property's zip code is 24503 which is in Lynchburg, VA

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363

Market Pricing

Average % of sale price Median % of sale price
All listings in Lynchburg $301,425 90 % below $195,000 94 % below
Commerical listings in Lynchburg $609,980 80 % below $375,000 88 % below
Sold listings in Lynchburg $103,848 97 % below $113,500 96 % below

Get the facts about Lynchburg, VA!

Population 81,415
Population Growth (since 2000) 25 %
Median Income $39,051
Median Age 31.54
Households w/ Children 26 %

Residential Dwellings

  • Owned 16465
  • Vacant 3535
  • Rented 14583

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363