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    FOR SALE
    Retail space

    117 Northwynd Cir, Lynchburg, VA 24502

    2,470 SF 0.06 ac lot Built 2004
    Individually Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US87-1714487
    Property summary
    AI-generated overview

    This exceptional Lynchburg investment opportunity presents two adjacent buildings totaling 2,250 square feet on a 0.06-acre lot within the desirable Wyndhurst Development. Building A is a fully finished commercial office space, meticulously designed for optimal functionality and comfort. Features include a well-equipped kitchen, two restrooms (one with a full shower), a welcoming waiting room, and a unique second-floor gallery space offering a large workspace and a private office, complemented by a 3/4 bathroom. This building is move-in ready and ideal for a variety of professional uses. Building B offers a blank canvas, an unfinished shell space ready for customization to suit a wide range of business needs. Its adaptability makes it perfect for expansion of the existing office space, or an entirely separate venture. The property boasts excellent visibility, ensuring high traffic and exposure. Its strategic location within Wyndhurst places it within easy walking distance of a diverse mix of retail establishments, other office spaces, and residential areas, providing convenient access to amenities and a strong potential customer base. This dual-building property presents a rare opportunity to acquire a turnkey office space alongside a highly versatile shell building, offering significant potential for growth and return on investment in a thriving Lynchburg neighborhood. The asking price for this unique property is $699,000.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2004
    Total area 2,470 SF
    Lot 0.06 ac (2,701 SF)
    Zoning code R2C
    APN 250 20 004
    UPID US87-1714487
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Christian Action Network Charitable Organization Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Christian Action Network · 11 yrs held
    Christian Action Network
    since 2014
    1 recorded transaction
    2014
    $317,000
    Zoning & alternative use
    R2C · Lynchburg, VA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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