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47
Photos
4
beds
2
baths
3,100
sqft
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
Features & Amenities
Interior
- General:
- Main Level Den,Plaster,Separate Dining Room
- Master Bedroom:
- 18x16 Level: Level 2 Above Grade
- Kitchen:
- 18x16 Level: Below Grade
- Appliances:
- None
- Dining:
- 18x16 Level: Below Grade
- Living Room:
- 18x16 Level: Level 1 Above Grade
- Family Room:
- 18x16 Level: Level 1 Above Grade
- Laundry:
- Washer Connections
- Basement:
- Exterior Entrance,Fireplace,Full,Heated,Interior Entrance,Walkout
- Flooring:
- Wood
- A/C:
- Central Electric,Two-Zone
- Heating:
- Forced Warm Air-Gas
- Fireplace:
- 3+ Fireplaces,Den,Living Room,Primary Bedroom,Wood Burning
Exterior
- General:
- Brick, Other
- Style:
- Federal
Construction
- Roofing:
- Metal
- General:
- Two
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- Lynchburg
- School District:
- Lynchburg
- County:
- Lynchburg
Lot
- Zoning:
- B-4, COLLEGE HILL, BLK 395, 01001001-01001002-01001003-01001023
Utilities
- Water:
- City
- Sewer:
- City
Financial
- Source:
- Lynchburg
This listing courtesy of:
Coldwell Banker Commercial Read & Company, Ricky Read
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Lynchburg, VA
Housing
- Number of Units
- 45,209
- Median Home Value
- $179,150
- Median Rent
- $740
46.22% of housing units are renter occupied.
9.49% are vacant.
Commute
- Car
-
74.63%
- Public Transportation
-
1.71%
- Walk to Work
-
3.20%
- Work from Home
-
19.08%
- Other
-
1.24%
The median travel time to work is 16 minutes.
People
- Population
- 104,822
- Median Age
- 33.80
- Median Household Size
- 2.55
Education
- High School
-
24.81%
- Associate’s Degree
-
7.92%
- Bachelor’s Degree
-
21.47%
- Graduate Degree
-
15.15%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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