2901 Old Forest Road Lynchburg, VA ^$ 895,000

2901 Old Forest Road

^$ 895,000

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Recently Listed

2901 Old Forest Road

Lynchburg, VA, 24501

^$ 895,000

Studio Baths0.0 Sq 1,836

Monthly Estimate*

^$ 5,948

2901 Old Forest Road, Lynchburg, VA 24501 - Image 1

2901 Old Forest Road, Lynchburg, VA 24501 - Image 2

2901 Old Forest Road, Lynchburg, VA 24501 - Image 3

2901 Old Forest Road, Lynchburg, VA 24501 - Image 4

2901 Old Forest Road, Lynchburg, VA 24501 - Image 5

2901 Old Forest Road, Lynchburg, VA 24501 - Image 6

2901 Old Forest Road, Lynchburg, VA 24501 - Image 7

Studio Commercial Property for sale in Lynchburg, VA for $895,000. This 1,836 square foot building was built in 1950 on a lot size of 1.729.

Corner lot across from Papa Johns with 215 ft. frontage on Old Forest Road, plus 445 ft. frontage on West Street, plus 100 ft. on Confederate Ave. Water and Sewer available. Zoned B-3 & R-3. Excellent site for strip center, restaurant, C-store or professional offices. Existing house is currently rented as residential, but could be used for office.

Commercial Active

Price

^$ 895,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,990

Style

Commercial/Indust

Lot Size

1.729

Year Built

1950

Town/City

Lynchburg

County/Region

LYNCHBURG

MLS | Web ID

350565

Features

General

Sewer Septic Tank

Cooling Central A/C

Roof Composition

Zoning B3+R3

HOA 0.00

Year Built 1950

Property SubType Commercial/Indust

County Lynchburg

Property Type Commercial/Indust

Subdivision Name Old Forest Rd Commercial Corri

Close Price 0.00

Status Active

Directions Across from Papa Johns and adjacent to Forest Road United Methodist Church.

City Lynchburg

MLS Area Lynchburg

Lot Size Square Feet 75315.00

Street Name Old Forest

Availability Date 1800-01-01

Days on Market 94

Lease Type Net

Legal Description BARKSDALE PLACE BLK G LOTS 1&2 + Lots 5&6

Interior

Flooring Vinyl Tile Wood

3/4 Baths 0

Street Suffix Road

Exterior

Water Source City

Total Parking 4.00

Number of Buildings 1

Lot Size Acres 1.7290

Lot Size Units Acres

Lot Size Source (Public Records)

Road Frontage Type Four Lane

Internal Only

Street Number 1 2901

* Excluded Features

List By

Tommy Dewitt

Listing Agent

Dewitt Real Estate & Auction

Broker

DEWITTRE@AOL.COM

Affordability Calculator

$6,281

Per Month

Monthly Principal & Interest: $5,948
Monthly Property Taxes: $333
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 Lynchburg, VA

Average List Price ^$703,429

Percent of Sale Price 21%

About Lynchburg, VA

83,866 Population

29% Since 2002

^$41,543 Median Income

32.73 Median Age

26% 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
2/15/2024	$895,000		Listed Price

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2901 Old Forest Road, Lynchburg, VA, 24501 is a Commercial Property for sale at $895,000 with 1,836 sqft and a lot size of 1.729. 2901 Old Forest Road is a studio with 0.0 baths and was built in 1950. The property's zip code is 24501 which is in Lynchburg, 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 5/23/2024.

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2901 Old Forest Road

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