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2250 Murrell Rd
Lynchburg, VA 24501

$355,000 USD

Office Condo For Sale  •  3,600 SF

Property Details

  • Property Type Office
  • Total Building Size 12,000 SF
  • Building Class B
  • Year Built 1983
  • Tenancy Multiple
  • Zoning B-3
40 Transit Score
50 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit B4 B5 B6 Office 3,600 SF $355,000 USD
  • Unit Size: 3,600 SF
  • Condo Use: Office
  • Price: $355,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $98.61 USD
Description
3,600 SF office property currently configured for two tenants. Suites B5 and B6 offer a combined 2,400 SF office suite featuring a large reception area, 7 private offices plus a conference or training room, 2 restrooms, large storage closet and a coffee break counter. Space was originally built as two separate offices and could easily be subdivided again to accommodate two smaller tenants/occupants. Finishes are updated neutrals with LVP flooring

Sale Notes
Suite B4 is fully separated from Suites B5 and B6 and is leased on a three year term.  Suites B5 and B6 are currently available for lease and can be leased as one unit or subdivided into two units.

Description 

This office property offers a unique opportunity to acquire three connected suites within a professional office condominium development in Lynchburg, Virginia. Spanning 3,600 SF, the asset includes Suites B4, B5, and B6. Suites B5 and B6 provide a combined 2,400 SF layout featuring a large reception area, seven private offices, a conference/training room, two restrooms, and a coffee break counter. Updated neutral finishes with LVP flooring enhance the aesthetic, and the configuration allows for continued use as one space or subdivision into two smaller units for flexibility.
Suite B4 is currently leased under a three-year term, generating immediate rental income for investors. The property is constructed of durable brick with a shingle roof and offers public water and sewer connections. Positioned within the Lakeside Plaza development, the location benefits from proximity to Lynchburg’s commercial corridors, with easy access to US-460 and major local routes. This purchase represents an appealing option for an owner-occupant seeking expansion potential or an investor focused on stabilized income with upside lease opportunities.

Highlights

Three office condominium suites totaling approximately 3,600 SF.
Suites B5 and B6 feature seven private offices, conference room, and two restrooms.
Suite B4 is leased, providing immediate income stream.
Flexible layout allows for occupancy by one or multiple tenants.
Brick construction with updated interiors in common and private areas.
Located in Lakeside Plaza near major roadways and Lynchburg amenities.

Public Transportation

Commuter RailDriveWalkDistance
3 min 20 min 1.0 mi
AirportDriveWalkDistance
Lynchburg Regional/Preston Glenn Field 17 min - 9.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Krista Vannoy 540-314-1739 Waldvogel Commercial Properties, Inc.
Krista Vannoy 540-314-1739 Waldvogel Commercial Properties, Inc.