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Altavista Mixed-Use Investment Opportunity

525 7th St Altavista, VA 24517

525 7th St, Altavista, VA, 24517
$449,900
For Sale
$449,900

COMMERCIAL - Altavista, VA

Property Size8,525 SF
Lot Size0.56 Acres
Price / SF$52.77
Days on Market63

Property Features for 525 7th St

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
83A-11-15-39
Size
8,525 SF
Lot size
0.56 Acres

Taxes and HOA fees

Tax Description
LOTS 36-42 BLOCK 15

Building Details

Year built
1937
Listing agency Mark A. Dalton & Co., Inc.
Listed by Callie Reyes · License #0225273134
Added: May 21 Checked: Jul 22 at 1:06PM
MLS# 366700

Copyright © 2026 Lynchburg Virginia MLS. 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.

Located in downtown Altavista, this multi-parcel property presents a prime investment opportunity. Zoned C-2 and situated within the Downtown Revitalization Overlay District, the property includes updated office space and well-maintained residential units. Specifically, 525 7th St. features two residential units, 529 7th St. contains one commercial unit, and 616 Campbell Ave. offers two commercial units. The property, encompassing 8,525 square feet on a 0.5613-acre lot, has recent upgrades completed in 2025. Ample parking is available. The property is located in a thriving location, poised for strong returns.

Key Highlights

  • Zoned C‑2 and in Downtown Revitalization Overlay District: Ideal for diverse commercial ventures.
  • Multi‑Parcel Property: Includes updated office space and well‑maintained residential units.
  • Thriving Downtown Location: Positioned in a high‑growth area.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Real Estate Agency Building Supply Big Box & Wholesale Store HVAC Service Dental Office Furniture & Home Goods Skin Care Clinic Law Firm Bakery (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Multi-parcel property with updated office and residential units.
Where is this mixed-use property located?
The property is located at 525 7th St Altavista, VA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Zoned C‑2 and in Downtown Revitalization Overlay District: Ideal for diverse commercial ventures.; Multi‑Parcel Property: Includes updated office space and well‑maintained residential units.; Thriving Downtown Location: Positioned in a high‑growth area.
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