123 S Bridge St

🔥 $545K+ Equity | 15K SF Downtown Bedford Commercial Corner-Zoned PC-4 Unlock a rare commercial value-add opportunity in the heart of historic downtown Bedford, VA. This 15,430 SF, 3-story brick building (plus 1,000 SF mezzanine) sits on a high-visibility corner lot with dual paved frontage on Bridge & Washington Streets. Zoned PC-4, it's ideal for retail, office, Church, event venue, or mixed-use redevelopment. 📍 PROPERTY HIGHLIGHTS: -- 15,430 SF + 1,000 SF mezzanine -- Corner lot with dual frontage -- Zoned PC-4 (Commercial/Industrial) -- Structurally sound with fire-resistant frame -- Duro-Last roof, central HVAC, and windows installed new in 2004 -- 2 bathrooms + kitchenette (cosmetic refresh only) -- Vacant and ready for repositioning -- Minimal rehab (~$5k-$7K) 📊 COMPS (within 3 miles, sold in last 12 months): 1) 124 W. Main St --> 13,800 SF --> $1.15M ($83/SF) 2) 112 N. Bridge St --> 9,500 SF --> $750K ($79/SF) 3) 400 E. Main St --> 12,200 SF --> $915K ($75/SF) 4) 302 E. Main St --> 14,100 SF --> $1.025M ($73/SF) 5) 215 Depot St --> 16,000 SF --> $1.2M ($75/SF) *Average: $77/SF | Estimated ARV: ~$1.1M+ **Comps were pulled using Mr. Jamil Damji's comping rules - tight radius, similar square footage, recent sales, and matching use types. 💰 DEAL TERMS: -- Purchase Price: $655,000 (~$42.45/SF) -- ARV: ~$1.1M -- Built-In Equity: ~$545K -- EMD: $6,550 (refundable at closing) -- Close on or before December 1, 2025 INVESTOR NOTES: Perfect for commercial flippers, buy-and-hold investors, or developers seeking a high-visibility, low-barrier entry into a growing downtown corridor.