Lovingston Office Building

Retail-Commercial for Sale
Catylist Listing ID: 30210389
Property Subtypes: Free-Standing Building
Building Size (RSF): 2,520 SF
Gross Building Area: See Agent
Gross Land Area: 1.38 Acres
Sale Price: $199,000
Unit Price: $78.97 PSF
Property Use Type: Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 1/15/2019

Overview / Comments

Get more for less; both parcels included at one low price!!! Commercial opportunity in the heart of Lovingston’s business district - 2,520 sq ft building with 10,000 sq ft paved parking area, and the adjoining parcel for future expansion or business development. Office building has 3 store fronts and could easily accommodate separate businesses and/or retail spaces. Zoned B1 with by right uses: retail stores, offices for personal and professional services, food sales and restaurants, banks, hotel/motel, funeral home, gasoline stations, churches, schools, hospitals, and more. There is great road frontage along Front St just off of Route 29. Listed well below appraised value! Roof was just replaced in Dec 2017.

Additional Details

Nearest MSA: Charlottesville
County: Nelson
Taxing Authority: Nelson County
Tax ID/APN: 58A-1-10 & 11
Zoning: B1
Retail Clientele: General, Business
Property Visibility: Good
Largest Nearby Street: Rt 29 (Thomas Nelson Highway)
Feet of Frontage: 100
Highway Access: Front street to Rt 29
Airports: CHO Lynchburg
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,520 SF
Property Condition: Good
Year Built: 1990
Roof Type: Flat
Construction/Siding: Block, Brick
Total Parking Spaces: 11
Parking Type: Surface
Heat Type: Electricity
Heat Source: Heat Pump
Internet Access: DSL
Zoning Description: B1 Business
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Legal Description: 80 Front Street

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 980 4,442
Median Age: 45.84 47.32
Households: 394 1,911


Photograph of Listing Agent

Chastity Morgan

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