2613 Wards Rd Lynchburg, VA 24502-2107

This exceptional investment opportunity presents a 6,500 square foot retail storefront located at 2613 Wards Road in Lynchburg, Virginia. The property boasts a strong 7.52% capitalization rate and a Net Operating Income (NOI) of $59,780, making it an attractive addition to any portfolio. The building, situated on a 0.68-acre lot, is a single-story structure with three units currently occupied by two tenants under a multi-tenant net lease agreement. The asking price is $795,000, translating to a price per square foot of $122.31. The property is zoned B-5 and offers significant value-add potential. Its prime location on Wards Road, a high-traffic area with a daily vehicle count of 12,000, places it directly across from the substantial River Ridge Mall (423,132 square feet of retail space), ensuring high visibility and foot traffic. This well-positioned retail center presents a compelling investment opportunity with strong potential for future growth and returns. The property features one building with a total of three units.