Current Real Estate Listings
Altavista/ Lynchburg, VA: Former Automotive Dealership on Two Parcels Totaling 13± Acres (Campbell County)
Click HERE for Additional Photos
Straddling 13± acres on the east side of Wards Road/ US‑29 in Altavista, this former franchise‑dealership commands attention. Two contiguous parcels share uninterrupted highway frontage and dual access drives, giving passing traffic unimpeded views of the broad asphalt display lots and inviting curb appeal.
The land itself is user‑friendly: irregular in shape yet essentially level, well‑drained, and located entirely in FEMA Zone X—outside any mapped flood hazard area. Campbell County classifies the property B‑GC (General Business Commercial), a flexible designation that welcomes most retail, automotive, and equipment‑oriented uses without the need for rezoning.
Inside, the campus functions like a modern one‑stop dealership: multi‑vehicle showroom, customer lounge, sales and finance offices, retail parts counter with warehouse, and a fully enclosed service department equipped with a typical complement of bays.
Outside, roughly 380 striped surface spaces wrap the buildings, providing ample room for display inventory, customer parking, and circulation lanes. Extensive asphalt paving, steel pole lighting, perimeter fencing, and modest landscaping reinforce the site’s retail automotive identity.
Listing Price: $3,800,000
Executive Summary
- Property: 1163 & 1197 Wards Rd, Altavista, VA 24517
- Use: Former automotive dealership with ancillary office building (3 total buildings).
- Land Area: 13.04± acres
- Building Area: 32,178± SF rentable
- Zoning: B-GC (Business-General Commercial District) zoning accommodates a wide range of retail and automotive uses.
- Campbell County Parcel IDs: 70-A-70 and 70-A-72A
Investment Highlights
- Purpose-built: Dealership/ showroom/ service facility in average-quality condition with strong frontage on US-29 (Wards Rd).
- Recent Transaction Basis: Effective valuation date April 2, 2025, at $3.86 million, reflecting market as-is value.
- Functional Layout & Expansion Upside: Three single-story buildings (showroom, service garage, ancillary office) totaling 32,178±SF; extensive paved display and customer parking.
- Personal property, furniture, fixtures, and equipment also available under separate agreement for purchase to remain in-place.
Site & Improvements
- Site Area: Irregular-shaped 10.97± acre primary parcel plus 2.07± acre adjoining lot assembled as one functional site.
- Service Facility: The heart of operations is a 22,318±SF concrete‑block service and parts building dating to 1985.
- Showroom: 8,180±SF showroom (plus a 2,090±SF covered porch), built in 1988, fronts Wards Road and features expansive windows for vehicle display and a welcoming customer lobby.
- Additional Office: A standalone 1,680±SF wood‑frame office built in 1968 offers overflow sales or administrative space on the adjunct parcel.
Location & Market Overview
- Regional: Part of the Lynchburg, VA MSA—good access via US-29 and proximity to I-81; diversified service-based economy.
- Local Submarket: General retail vacancy ~1.8%, average rents $15 PSF; limited new construction, stable absorption—auto dealerships classified as special-purpose retail/industrial hybrids.
Property Videos:
Listing Contact:
Julian E. Howell III, Lic #69289
Auction Management Corporation Lic #69288
VAAF #2908000729, VAAF #2908000769, VAAF #2908000907
LIC. #: 2907004930, LIC. #: 2907004932, FIRM LICENSE #: 2908001146
__footer.png?v=1732045352)
.png)