Lynchburg Apartment Buildings for Sale

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2734 Fort Avenue

Lynchburg, VA 24501

Multi-Family

$750,00058,000 SF

Over 50 year old weaving mill. Two buildings, lower level approximately 24,000 sq ft upper level, approximately 37,000 sq ft . Perfect for 30-46 loft apartments , Could also be light industrial or office building OR RETAIL OR A MIXED USE

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1501 Kemper Street

Lynchburg, VA 24501

Multi-Family

$700,00019,433 SF

All brick, fully leased multi use 4 story building with apartments and a auto repair shop on the first floor. Large loft style apartments. Close to Route 29 bypass. the building has 19,592 square feet ( 4, 998 sq ft per floor). Property also includes adjacent parking lot and approximately one acre of buildable land

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301 Rivermont Avenue

Lynchburg, VA 24504

Multi-Family

$775,00019,254 SF

Historic ( 1915) all brick apartment with 22 , 2br apartments one bath small kitchens in rough shape but easy to renovate. Great location for low income or market rate apartment. Plenty of parking and a wooden garage. Building is vacant because of dispute with former tenant that has been resolved

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1503 Grace Street

Lynchburg, VA 24504

Multi-Family

Price Upon Req.50,140 SF

Absolute auction Nov 19 2014Historic property. in Diamond Hill Historic District. First hospital in Lynchburg , built in 1883, addition added in 1921 most recently used as a nursing home. It has 79 rooms (50,000 sq ft) plus full basement.It has 38 parking spaces with additional land available for more,; ideal for loft apartment, elderly housing , dormitory or boutique hotel. Fully sprinkled Property is VACANT. Only $15.00 Per Square Foot

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41 Cabell Street

Lynchburg, VA 24504

Multi-Family

$795,00045,000 SF

45,000 sq ft building undergoing historic renovations in the construction of 47 loft style apartments, adjacent land parcel of .40 ac used for tenant parking, complete floor plan designs for multifamily development available upon request

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56 9th Street

Lynchburg, VA 24504

Multi-Family

$285,00019,433 SF

VACANT 19,433 square foot building adjacent to Riverviews Artspace, an historic warehouse that has been converted to residential condos. There are existing plans to built out this shell building into 2 retail stores and 9 apartments. The building needs a complete renovation and may qualify for historic tax credits. We call this the Toy Store Building because is is just across the street from Amazement Square, one of the finest inter active Children's Museum on the East Coast . Over 200,000 people visit it per year. It would be a great location for a Toy Store or could be built out as loft apartments

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2244 Rivermont Avenue

Lynchburg, VA 24503

Multi-Family

$759,00037,146 SF

PRICE REDUCED! Historic (built in 1921) 37,146 square foot building in 2.6 prime acres with great potential for around 30 apartments, boutique hotel or private school. Was used most recently as Virginia School of the Arts school building. Adjacent to Riverside Park. It is solid masonry and has lots of parking. Zoned R-3. Property is vacant and needs complete restoration but, could be eligible for Historic tax credits of 45%

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1329 Jefferson Street

Lynchburg, VA 24504

Multi-Family

$1,720,00049,900 SF

All brick, historic ( 1880 ) former flour mill with plans for 55 loft apartments and over 3,000 sq ft of retail space ready to start construction

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1125 Lakeside Drive

Lynchburg, VA 24501

Multi-Family

$1,550,00045,000 SF

48 units (47 @ 2Bedroom; 1 @ 1Bedroom); 3-story brick buildings. Units were built in 1974 but current owner has done significant improvements to the property in recent years. Approximately 45,000sf total. On-site laundry facilities for additional income. Site is approximately 1.6acres with +/- 54 paved parking spaces and potential for more parking. Property is under new management with significant results in occupancy and cash flow. Parking lot has been repaved, new hardiplank trim, new floor coverings in common areas (April 2012).

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1664 Graves Mill Road

Lynchburg, VA 24502

Multi-Family

$775,0009,999 SF

Prime Development Tract - Great location on Graves Mill Road. Property consists of 11.6 acres +/- to include an 8-unit apartment complex located in the front facing Graves Mill Road. Property is zoned B-1 with CUP for 50 townhomes. Rear 10 acres with approved site plan can be purchased separately for $400,000. Income & Expense statements are available.

Lynchburg Apartment Buildings for Sale

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