PROPERTY LOCATION
3633 Old Forest Rd, Lynchburg, VA 24501
City of Lynchburg
AUCTION LOCATION
La Quinta Inn & Suites
3320 Candlers Mountain Rd, Lynchburg, VA
Live, Online, and Phone bidding available
Details
- Former YMCA office on Old Forest Rd
- Multi-tenant capability with (2) office suites on the main level and a mostly finished lower level with separate entrance
- Total of 3,166 sq.ft. with paved parking lot (13 spaces)
- Great location just off the Expressway near Walmart, restaurants, and medical / professional offices.
- High visibility (18,000 VPD) with signage
- Pubic water and private septic
- 0.37 acre lot zoned B-1 ideal for many uses including office, retail, professional services, daycare, and religious institutions
- Tax assessed at $275,000. Previously listed for $380,000. Sells at auction to the highest bidder!
(3) Office Suites (Floor plans available)
- Primary Office Suite: 1,288 sq.ft. w/ (3) offices, reception room, (2) restrooms, and a kitchen / meeting room
- Auxiliary Office Suite: 590 sq.ft. w/ (2) offices, reception area, server room, and restroom
- Lower Lever: 1,288 sq.ft. w/ work areas and restroom
LOCATION
- 1/2 mile from Walmart
- 1/2 mile from Lynchburg Expressway / US-501
- 4 miles from Centra General Hospital
- 6 miles from Liberty University
DIRECTIONS TO PROPERTY
- From Lynchburg, take US-501S over the James River into Amherst County. 2.2 miles on the right just after Food Lion entrance.
Agent on Site
- Tue, Feb.10 from 12-2
- Mon, Feb.23 from 12-2
- Private showings by appointment. Call Mike or Micah at 434-847-7741
TERMS SUMMARY
5% buyer's premium. 10% deposit due at auction. Closing on or about 30 days. Sells absolute to the highest bidder. Click on "Terms" tab for full terms and conditions.
CONTACT
Mike Torrence
Torrence, Read, & Forehand Auctions
101 Annjo Ct, Forest, VA 24551
(434) 847-7741 Office
(434) 660-5159 Mobile
mike@trfauctions.com
Micah Torrence
(434) 610-3182
micah@trfauctions.com
3633 Old Forest Rd, Lynchburg, VA
Auction Site: La Quinta Inn & Suites, 3320 Candlers Mountain Rd, Lynchburg, VA. Online bidding also available.
Terms: Property sells "AS-IS" without warranties of any kind. Potential Buyers must perform such independent investigations with respect to the Property as they deem necessary to verify information provided by Auction Company.
Warranty: All information provided by Auction Company is deemed reliable but is not warranted. The information provided by the Auction Company is subject to verification by all parties relying on it. No liability for its accuracy, error or omission is assumed by the Auction Company.
Title: Seller will convey title by General Warranty Deed free and clear of all liens.
Registration: Bids will be accepted only from registered bidders. On-site registration begins at 11:30AM day of sale. See listing for auction location. You may also pre-register on our website or phone app. Deadline for phone and online bidding registration is 6PM EST on the day prior to the auction. A valid form of identification (i.e. driver's license) may be required to register onsite or online.
Online Bidding: Online bidding is available for your convenience. However, due to the technical nature of online bidding, bidder acknowledges that this service may or may not function correctly the day of the auction. Torrence, Read, & Forehand Auctions will not be responsible for missed bids from any source. Online bidders who desire to make certain their bid is acknowledged should use the prebidding function and leave their maximum bid 24 hours before the auction begins. Winning bidders will be notified by email and/or phone and receive instructions for signing the Contract of Purchase (must be returned within 24 hours) and submitting the Deposit (see below).
Announcements: Announcements made on day of sale take precedence over all prior communications, both verbal and written, concerning the sale of the Property.
Approval: Property sells absolute to the highest bidder.
Buyer's Premium: A 5% buyer's premium will be added to the high bid to determine the final sales price.
Deposit: Deposit equal to 10% of final contract price (bid price plus buyer's premium) due day of sale by cash or good check. Online bidders may overnight deposit or wire transfer funds so it is received within 2 business days.
Closing: Balance of Purchase Price shall be due at closing on or about 30 days after the sale.
Agency: The auction company and its representatives represent the sellers.
