River Ridge Mall going up for sale in October

Screen view of River Ridge Mall listing on Greysteel.com (Copyright by WSLS - All rights reserved)

LYNCHBURG (WSLS 10) - River Ridge Mall is set to be listed for sale and offers will be accepted beginning in October.

Broker Gil Neuman said there is no starting sale price for 280,212 square feet of mall space. Sections of the mall housing Belk, JCPenney, Macy's and Liberty University's online campus will not be included in the sale.

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The building is owned by CBL properties, which also owns Valley View Mall. It's being sold through the Greysteel Company, which lists the property on its website. Greysteel is an investment sales firm and will offer the property privately to select buyers.

The listing says, "River Ridge Mall is the only indoor mall within a 55-mile radius in Lynchburg ;280,212 square feet of retail space ;27 acres, including a new 14-screen Regal Cinema ;91% occupied."

The article has been updated to reflect the mall will not be auctioned off, as previously stated.