Auction Information
Online Bidding Site0.95 Acres in Madison Heights, VA
0.95-Acre Commercial Lot on US-29 Business Sells ABSOLUTE to the Highest Bidder!
Prime commercial opportunity located directly on US-29 Business in Amherst, VA. This 0.95-acre property has been leased for the past 27 years as an operating used car dealership (Zacs Auto Sales), generating consistent rental income. Positioned directly in front of Food Lion, this property offers excellent visibility, steady traffic, and strong commercial potential.
The property features a former residential home that has been converted into an office for business use, plus ample parking and display space thanks to the gravel lot. The rear portion of the property is wooded, offering room for future expansion. Public water and sewer are already in place, and the property is just steps from the sidewalk, enhancing accessibility for customers and clients. Ideal for continued automotive use or redevelopment for...
The property features a former residential home that has been converted into an office for business use, plus ample parking and display space thanks to the gravel lot. The rear portion of the property is wooded, offering room for future expansion. Public water and sewer are already in place, and the property is just steps from the sidewalk, enhancing accessibility for customers and clients. Ideal for continued automotive use or redevelopment for other commercial purposes.
Dont miss this rare chance to own valuable commercial real estate in a proven locationthis property sells ABSOLUTE to the highest bidder!
Details
0.95 acre commercial lot on US-29 Business
Leased for last 27 years as an operating used car lot (Zac's Auto Sales)
Current rent is $800/month
Great location in front of Food Lion
Former home used as an office for the car lot
Wooded in back - room for expansion
Gravel drive
Steps from sidewalk
Public water & sewer
Amherst County parcel ID 156A1 1 1
Auction Location: Homewood Suites by Hilton, Lynchburg
Live and Online Bidding Available.
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Research Parcel InformationDirections
From Lynchburg, take US-501S over the James River into Amherst County. 2.2 miles on the right just after Food Lion entrance.