Property summary
This exceptional commercial property, located at 104 Tradewynd Drive in the heart of Lynchburg's bustling Wyndhurst neighborhood, presents a compelling investment opportunity. The 2,600 square foot building sits on a 0.03-acre lot and boasts a prime location on a signalized street, ensuring high visibility and accessibility. The property is currently fully leased, generating immediate income. The lower level is occupied by a national tenant, offering stability and consistent revenue. This space features both convenient front and rear entrances, along with ample street parking and additional parking in the rear. The upper level is divided into two approximately equal-sized office spaces, each benefiting from a shared bathroom and a rear entrance. This versatile layout offers flexibility for future tenants or potential expansion. The property's strategic location within the vibrant Wyndhurst area, combined with its strong tenant occupancy and excellent accessibility, makes it an ideal investment for discerning buyers seeking a stable and profitable commercial venture. The asking price is $455,000. This is a rare opportunity to acquire a fully leased, high-yield commercial property in a desirable Lynchburg location. Don't miss out on this chance to secure a valuable addition to your investment portfolio.
Property profile
VerifiedCap rate & NOI
Current use
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Accounting Firm Tax Preparation
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
R2C · Lynchburg, VAZoning
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Zoning designation
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The district profile from the municipal source: what is on file for R2C in Lynchburg, VA.
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