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    Lynchburg, VA
    Creative Space

    Lynchburg, VA Creative Space for Sale

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    Rustburg, VA Madison Heights, VA Forest, VA Amherst, VA Concord, VA Evington, VA Monroe, VA Spout Spring, VA
    Office-Converted Front with Rear Residence
    Updated: Dec 8, 2025
    Office-Converted Front with Rear Residence

    155 Laxton Road, Lynchburg, VA 24502

    $300,000
    2,599 sqft 0.62 AC lot
    Prime commercial location on a high‑visibility thoroughfare, near Lowe's and across from Brookville High School.
    Versatile property suitable for live‑work setup, dual investment, or business headquarters with housing.
    Functional office space converted from a residential home.
    Separate 2‑bedroom, 1‑bath home on the same lot for on‑site living or rental income.
    Strong traffic flow and excellent visibility.
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    This listing looks promising.

    Here's a quick look at some key insights for

    155 Laxton Road, Lynchburg, VA 24502

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    • Est. Cap Rate

      6.6%
      Above avg (5.9%)

    • Est. NOI

      $20K
      Annual

    • Mortgage

      $180K
      Oct 2025

    • Property Type

      Commercial (General)
      Built 1972
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    B-5 Zoned Creative Office
    Updated: Jun 9
    B-5 Zoned Creative Office

    196 Oakley Ave, Lynchburg, VA 24501

    $149,900
    919 sqft
    Zoned B‑5, offering flexibility for a multitude of possible uses
    Well‑maintained property with a newer roof
    Previously used as a photography studio
    Parking available in the front and in the rear of the property
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lynchburg, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Office Condo Suite
    Turnkey Office Condo Suite

    1919 Boulevard Street #E, Greensboro, NC 27407

    $200,000
    1,250 sqft

    Turnkey office condo with multiple office areas, reception, two full bathrooms, and a kitchen/breakroom in a high-traffic area.

    View details
    Fully Leased Creative Office Building
    Fully Leased Creative Office Building

    3117 W Clay Street, Richmond, VA 23230

    $5,200,000

    Renovated in 2020 and fully leased under NNN terms, with excellent parking in Richmond’s Scott’s Addition area.

    View details
    Standalone Office Building with Parking
    Standalone Office Building with Parking

    239 N Edgeworth St, Greensboro, NC 27401

    Contact for pricing
    4,576 sqft 0.24 AC lot

    Standalone office building on a 0.24-acre parcel with 12 on-site parking spaces and office zoning under Greensboro’s GBO.

    View details
    Office Building with B-2 Zoning
    Office Building with B-2 Zoning

    3712 West End Dr, Richmond, VA 23294

    Contact for pricing
    0.11 AC lot

    Office and creative-flex space with ample parking, three restrooms, and a full kitchen, offered for sale or lease.

    View details

    Lynchburg, VA Creative Space Market Trends and Statistics

    Explore 2 creative space for sale in Lynchburg, VA on our real estate platform. These investment opportunities span a total of 3,518 square feet of properties for sale, with an estimated market value of $449,900.

    Sale prices for creative space in Lynchburg, VA start at $149,900, averaging $224,950, and reaching up to $300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 30
    Office buildings 21
    Medical Office Space 5
    Creative space 2

    Demographics Overview

    Population 103K
    Population Growth (5Y) -3.8%
    Median Household Income $64,253
    College Educated 25.7%

    High-Yield Neighborhoods for Investment

    Identify Lynchburg submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    24502 $300K

    Taxes & Financing

    Tax Rate (average for all types) 0.82%
    Property Tax per SF $9.77 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lynchburg city

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Lynchburg fall within the 10,000 to 25,000 square foot range.

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    Most Searched ZIP Codes in Lynchburg, VA

    • 24501
    • 24502

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