414 12th Street $299,900


    414 12th Street Lynchburg, VA 24504

    • 7,980 sq. ft.
    • 0.18 Acres
    • Commercial
    • MLS# 326803
    Favorite Share
    Views: 17 Days On Site: 346

    Go Tour This Home

    Schedule A Showing

    Property Details

    Historic 7,980 sq ft former tobacco warehouse in downtown Lynchburg. Two stories with a full basement, this brick structure features heavy timber framing throughout and excellent ceiling heights. Adjoining lot # 410 12th Street (containing 5,298 sq ft) is included in this sale, and provides an additional building pad or parking area. The building has three clear sides which provides the potential to create an abundance of natural light. Building was renovated in the 1970's and used as a restaurant. The first floor contains a kitchen with hood system and two large bathrooms. The front brick facade was added at this time. An excellent redevelopment opportunity in downtown Lynchburg. B-5 zoning provides for many possible uses. Existing rear access easement to Clay Street. A rare opportunity to acquire a large and historic commercial property.



    24504 (Lynchburg) Demographics

    40 Median Age
    299 Population Density (per sq. mile)
    26% College Educated
    $32,813 Estimated Median Income
    2,088 Estimated Total Home Owners
    1,606 Estimated Total Renters
    57% / 43% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    9,593 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    11 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $299,900
        5/5/2021 3:22:46 PM Price Reduced Source: Multiple Listing Service New Value: $299,900 -2.94%
        8/20/2020 2:23:00 PM New in Database Source: Multiple Listing Service New Value: $309,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of the Lynchburg Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Long & Foster Real Estate are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright 2021 Lynchburg Association of REALTORS®. All Rights Reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.