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Updated Multi-Suite Office Units
For Sale
$355,000

2250 Murrell Rd, Lynchburg, VA 24501

Commercial Sale, Lynchburg, VA

Property Size3,600 SF
Lot Size0.05 Acres
Price / SF$98.61
Days on Market295

Property Features for 2250 Murrell Rd

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-3
Directions From US-221: Ex US-501 N toward Buena Vista/Candlers Mt Rd. After 1.3mi, RT on Wards Rd. After 1.6mi, LT on Memorial Ave. After 1.1mi, LT on Lakeside Dr. After .3mi, RT on Murrell Rd. Building on RT.
Subdivision 1900 - City of Lynchburg
Standard status Active
APN 00408003; 00408002; 00408001
Lot size 0.05 Acres

Taxes and HOA fees

Tax Description Lakeside Plaza Condo
Tax Annual Amount 2535
Legal Description Lakeside Plaza Condo

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1983
Floors in Building 1
Building materials Brick
Roof type Shingle
Listing Agency: WALDVOGEL COMMERCIAL PROPERTIES
Listed By: KRISTA H VANNOY
Added: Nov 17, 2025 Changed: Aug 31 Last Checked: Sep 8 at 5:06PM
MLS# 922850

Copyright © 2026 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,600 SF brick office property is arranged for multiple occupants and includes three distinct suites. Suites B5 and B6 provide 2,400 SF with a reception area, seven private offices, a conference or training room, two restrooms, storage, and a break counter. Updated neutral finishes and LVP flooring serve the currently available space, which may be operated together or separated into two offices. Suite B4 is independently configured and leased under a three-year term.

Located at 2250 Murrell Rd in Lynchburg, the property carries B-3 zoning and was built in 1983. Public water and public sewer serve the site, and the building has brick construction with a shingle roof.

Key Highlights

  • 3,600 SF office property with three separately configured suites
  • Suites B5 and B6 combine for 2,400 SF of available office space
  • Seven private offices, conference or training room, two restrooms, storage, and break counter

Property Analytics

Current Use

Center for Care and Resiliency ... Crisis Center Rejuvenation Station LLC Alternative Medicine Practice Favored Services Crisis Center Rehabilitative Services Department Social Service Agency JEFFREY WEALTH MANAGEMENT-Jeffrey ... Financial Advisor

Suggested Use

Top Pick Real Estate Agency Building Supply Pharmacy Electrical Service Storage Facility Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,436
Businesses Nearby

Demographics for 24501, VA

27,160
Population
12,157
Households
2.2
Avg Household Size
33
Median Age
25%
College-Educated
87%
High-School Grad
36.3 sq mi
ZIP Area
748
Density / Sq Mi
$45,305
Median Household Income
$28,790
Median Earnings
$936
Median Rent
$155,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Brick office property with separated suites, public utilities, and flexible subdivision capability.
Where is this office units located?
The property is located at 2250 Murrell Rd Lynchburg, VA.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: 3,600 SF office property with three separately configured suites; Suites B5 and B6 combine for 2,400 SF of available office space; Seven private offices, conference or training room, two restrooms, storage, and break counter
More about this property
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