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900 5Th Street Lynchburg, VA $ 305,000
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$ 305,000 Get more info
900 5Th Street
$ 305,000
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900 5Th Street

Lynchburg, VA, 24504
$ 305,000
Baths0.0 Sq 3,220

Monthly Estimate*

$ 2,131

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Studio

Commercial Property for sale in Lynchburg, VA

for $305,000. This 3,220 square foot building was built in 1790 on a lot size of 0.52.

The Kentucky Hotel, circa 1790, sits at the corner of 5th St. and Jackson St. and consists of Six (6) separate parcels and alley totaling .52 Acres +/- (900, 906, 906A (alley) & 908 Fifth St. and 507, 509, 511 Jackson St.) The large expansive lot and B-4 Zoning allows for additional mixed-use development and abundant off-street parking. This property is one of only three remaining ordinaries still standing in Lynchburg, VA. The Kentucky Hotel is in remarkably great condition despite its age with a newly sealed and painted roof, new gutters and down spouts, security system and well maintained landscaping and grounds. Heating and cooling system is in working order. The building boasts Federal Style Architecture, 2 fireplaces on each level (8 total), 1.5 baths, and wood flooring throughout. Ideal redevelopment opportunity. *buyer to verify all lot sizes and building square footage. Can be viewed on City of Lynchburg Econ. Dev. https://sites.vedp.org/lynchburg/propertyid/299569

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Commercial Active

Price

$ 305,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,803

Style

Commercial/Indust

Lot Size

0.52

Year Built

1790

Town/City

Lynchburg

County/Region

Lynchburg City

MLS | Web ID

351009
Features
General
Sewer City
Zoning B-4
HOA 0.00
Year Built 1790
Property SubType Commercial/Indust
County Lynchburg
Property Type Commercial/Indust
Subdivision Name 5th Street Corridor
Close Price 0.00
Status Active
Directions Property on corner of Fifth St. & Jackson St. near the Community Access Network.
City Lynchburg
MLS Area Lynchburg
Lot Size Square Feet 22651.00
Street Name 5th
Availability Date 1800-01-01
Days on Market 64
Lease Type Net
Legal Description COLLEGE HILL BLK 395
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Interior
Flooring Wood
3/4 Baths 0
Street Suffix Street
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Exterior
Water Source City
Total Parking 0.00
Number of Buildings 0
Lot Size Acres 0.5200
Lot Size Units Acres
Lot Size Source (Public Records)
Road Frontage Type City Street
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Internal Only
Street Number 1 900
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* Excluded Features
List By
Ricky Read

Listing Agent

Coldwell Banker Commercial Rea

Broker

RICKY@REALESTATELYNCHBURG.COM

Email

Affordability Calculator

$2,281
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,131
Monthly Property Taxes
$150
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2091853 Elementary School
2091817 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/15/2024$305,000 -4.39% Price Down
3/12/2024$319,000 Listed Price

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900 5Th Street, Lynchburg, VA, 24504 is a Commercial Property for sale at $305,000 with 3,220 sqft and a lot size of 0.52. 900 5Th Street is a studio with 0.0 baths and was built in 1790. The property's zip code is 24504 which is in Lynchburg, VA

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