901 5th Street Lynchburg, VA, 24504
$ 389,000
Bedrooms Baths0.0 Sq 6,560 for $389,000. This 6,560 square foot building was built in 1915 on a lot size of 6403.00 SQFT.
Historic redevelopment opportunity. Three story brick construction on a prominent corner on growing 5th Street in downtown Lynchburg. Originally built as a hotel and features two retail spaces on the first floor together with two floors well suited for future apartments. A landmark quality building in near original condition. Poised for mixed use redevelopment and located in an Enterprise Zone and Opportunity Zone.
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FeaturesInteriorFlooring Wood Floors
Heating System Hot Water Heater: Electric
Sewer City Sewer
Water Source City Water
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ExteriorConstruction Brick Veneer
Road Frontage City Street Curb & Gutter
Roof Built Up
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* Excluded FeaturesList ByFlint Property GroupBroker
Affordability
- Monthly Principal & Interest
- $1,555
- Monthly Property Taxes
- $71
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 4.38% 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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NearbyCommerical listings in Lynchburg, VA
Average List Price $624,737
Percent of Sale Price 61 %
About Lynchburg, VA 81,415 Population
25 % Since 2002
$ 39,051 Median Income
31.54 Median Age
26 % Households with Children