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Redeveloped Three-Story Office Building
For Sale
$995,000

5200 Fort Ave, Lynchburg, VA 24502

COMMERCIAL - Lynchburg, VA

Property Size7,675 SF
Lot Size0.59 Acres
Price / SF$129.64
Days on Market314

Property Features for 5200 Fort Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning B3
Directions From 460E, take 221 North to Lynchburg. After 24 miles, take 501 North to Buena Vista. After 1.3 miles, turn RT on Wards Rd. After .6 miles, 5200 Fort Ave will be on the RT.
Subdivision 1900 - City of Lynchburg
Standard status Active
APN 05509001, 05509054, 05509070
Lot size 0.59 Acres

Taxes and HOA fees

Tax Annual Amount 9929

Utilities

Sewer type Public Sewer
Water source Public

Amenities

open atrium
skylight
glass-walled conference room
marble table
large private offices
open collaboration space
ADA-compliant accessibility
modern restrooms
basement storage
landscaped corner
tenant signage

Building Details

Year built 1949
Listing Agency: WALDVOGEL COMMERCIAL PROPERTIES
Listed By: MICHAEL M WALDVOGEL · License #VA 0225079460
Added: Oct 22, 2025 Changed: Aug 4 Last Checked: Aug 31 at 4:06AM
MLS# 922102

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 three-story office building contains 7,675 square feet and was renovated in 2013. The interior includes wood and marble flooring, a skylit atrium, a glass-enclosed conference room with a custom imported marble table, private offices, modern restrooms, ADA-compliant access, and basement storage. The third floor provides open collaboration space and may accommodate an on-site apartment. Built in 1949, the property is served by public water and public sewer and carries B3 zoning.

Positioned on a landscaped 0.59-acre corner property at 5200 Fort Avenue, the building has prominent tenant signage and surface parking for more than 20 vehicles. Daily visibility exceeds 19,600 vehicles, with Liberty University, Kroger, Walgreens, Bank of the James, restaurants, retail, and service providers nearby. The configuration supports an owner-user seeking a substantial professional office setting in Lynchburg.

Key Highlights

  • 7,675‑square‑foot office building renovated in 2013
  • Three‑story professional office property with B3 zoning
  • Skylit atrium, private offices, wood and marble flooring, and glass‑walled conference room

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Kitchen & Bath Showroom Plumbing Service Barber Shop Electrical Service

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

375
Businesses Nearby

Demographics for 24502, VA

41,058
Population
18,576
Households
2.2
Avg Household Size
36
Median Age
39%
College-Educated
92%
High-School Grad
29.9 sq mi
ZIP Area
1,373
Density / Sq Mi
$66,027
Median Household Income
$35,923
Median Earnings
$1,166
Median Rent
$214,300
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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Professional office property with modern finishes, flexible collaboration areas, accessible entry, and on-site parking.
Where is this office building located?
The property is located at 5200 Fort Ave Lynchburg, VA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 7,675‑square‑foot office building renovated in 2013; Three‑story professional office property with B3 zoning; Skylit atrium, private offices, wood and marble flooring, and glass‑walled conference room
More about this property
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