1622 12Th St Lynchburg, VA 24501
- Auto shops
- 3,691 SF
- 0.46 lot acres
Current Use by Public Records
- TD's Auto Repair / Auto Repair Shop
Property Details for 1622 12Th St
- Year built
- 1959
- Lot size
- 0.46 lot acres
- Property size
- 3,691 SF
- Zone code
- B5
- Property type
- Auto shops
- APN
- 026 02 001
- APU
- 2602001
Description
This exceptional commercial property, situated on a highly visible 0.46-acre lot at 1622 12th Street in Lynchburg, Virginia, presents a unique investment opportunity. The property encompasses a total of 3,943 square feet and comprises three distinct buildings. The largest building, a 2,450-square-foot karate studio, offers ample space for a variety of fitness or recreational uses. A second building, totaling 1,241 square feet, is currently configured as an auto shop, complete with two convenient roll-up doors for easy access and vehicle maneuvering. This building also includes a reception area, two restrooms, and an oil furnace. Finally, a smaller 252-square-foot office/storage building provides additional versatile space. The flexible zoning allows for a wide range of potential uses, making this property ideal for entrepreneurs and investors seeking a multi-faceted commercial venture. The property's prime location on 12th Street ensures high visibility and accessibility, attracting significant foot and vehicle traffic. This is a rare opportunity to acquire a well-maintained, multi-building commercial property in a thriving Lynchburg location. The asking price is $290,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lynchburg
- County
- Lynchburg City
- State
- Virginia
- Longitude
- -79.1533
- Latitude
- 37.4047
- CBSA code
- 31340
- CBSA name
- LYNCHBURG, VA METROPOLITAN STATISTICAL AREA