PRICE REDUCED Historic property. in Diamond Hill Historic District. First hospital in Lynchburg , built in 1883, addition added in 1921 most recently used as a nursing home. It has 79 rooms (50,000 sq ft) plus full basement.It has 38 parking spaces with additional land available for more,; ideal for loft apartment, elderly housing , dormitory or boutique hotel. Fully sprinkled Property is VACANT. Only $15.00 Per Square Foot
Historic (built in 1921) 37,146 square foot building in 2.6 prime acres with great potential for around 30 apartments, boutique hotel or private school. Was used most recently as Virginia School of the Arts school building. Adjacent to Riverside Park. It is solid masonry and has lots of parking. Zoned R-3. Property is vacant and needs complete restoration but, could be eligible for Historic tax credits of 45%
Historic , all masonry former CLASSIC hotel, THE VIRGINIAN with 100 rooms and 112,190 sq feet , three elevators but only one working. Needs complete restoration. Now used as Section 8 housing but tenants are being relocated. Could be a hotel or apartments, eligible for 45 % Federal and State Historic tax credits. Motivated Sellers. a DIAMOND IN THE ROUGH THAT COULD RIVAL THE PATRICK HENRY HOTEL IN ROANOKE
All brick, fully leased multi use 4 story building with apartments and a auto repair shop on the first floor. Large loft style apartments. Close to Route 29 bypass. the building has 19,592 square feet ( 4, 998 sq ft per floor). Property also includes adjacent parking lot and approximately one acre of buildable land
Over 50 year old weaving mill. Two buildings, lower level approximately 24,000 sq ft upper level, approximately 37,000 sq ft . Perfect for 30-46 loft apartments , Could also be light industrial or office building OR RETAIL OR A MIXED USE
VACANT 19,433 square foot building adjacent to Riverviews Artspace, an historic warehouse that has been converted to residential condos. There are existing plans to built out this shell building into 2 retail stores and 9 apartments. The building needs a complete renovation and may qualify for historic tax credits. We call this the Toy Store Building because is is just across the street from Amazement Square, one of the finest inter active Children's Museum on the East Coast . Over 200,000 people visit it per year. It would be a great location for a Toy Store or could be built out as loft apartments
48 units (47 @ 2Bedroom; 1 @ 1Bedroom); 3-story brick buildings. Units were built in 1974 but current owner has done significant improvements to the property in recent years. Approximately 45,000sf total. On-site laundry facilities for additional income. Site is approximately 1.6acres with +/- 54 paved parking spaces and potential for more parking. Property is under new management with significant results in occupancy and cash flow. Parking lot has been repaved, new hardiplank trim, new floor coverings in common areas (April 2012).