Historic Brick Church with Development
For Sale
$695,000
1018 Rivermont Avenue, Lynchburg, VA 24504
Historic 1897 brick church on 1.5 acres with R-3 and R-4 zoning for multifamily redevelopment options.
Property Size8,493 SF
Lot Size1.50 Acres
Price / SF$81.83
Days on Market215
Property Features for 1018 Rivermont Avenue
General Information
Standard status
Active
Size
8,493 SF
Lot size
1.50 Acres
Property subtype
Multi-Family / Multi-Family
Zoning
R3 R4
Taxes and HOA fees
Annual Taxes
$99,999
Amenities
No
Brick
Building Details
Year Built
1897
Construction
Revival-style brick
Listing Agency:
Coldwell Banker Commercial Read & Company
Listed By:
Luke Dykeman · License #0225219360
(434) 944-3920
Source:
Compass
Added: Feb 1
Changed: Sep 2
Last Checked: Sep 4 at 1:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Read & Company
Investment Insights
Based on property information with market context.
The site includes a historic 1897 revival-style brick church of approximately 8,493 square feet, which may be suitable for adaptive reuse or residential redevelopment. A conceptual plan also describes the possibility of subdividing a 1.10-acre portion of the property for new construction of 14 townhome units.
The property is associated with multiple addresses, including 1002 & 1006 Randolph St., and 1021 Cabell Street. Public remarks indicate existing R-3 and R-4 multifamily residential zoning, supporting the development path described in the conceptual plan. The site is located near the downtown district and is presented as having convenient access to urban amenities within the surrounding submarket.
The property is associated with multiple addresses, including 1002 & 1006 Randolph St., and 1021 Cabell Street. Public remarks indicate existing R-3 and R-4 multifamily residential zoning, supporting the development path described in the conceptual plan. The site is located near the downtown district and is presented as having convenient access to urban amenities within the surrounding submarket.
Key Highlights
- Historic 1897 Revival‑style brick church building approx. 8,493 sq. ft. on approx. 1.5 acres at 1018 Rivermont Ave.
- Zoned R‑3 and R‑4 multifamily residential, supporting multifamily redevelopment options.
- Adaptive reuse potential: church structure can be retained for modern residential use (conceptual adaptive reuse plan).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
198
Businesses Nearby
Explore this area
Business Placement
Demographics for 24504, VA
9,585
Population
5,206
Households
1.8
Avg Household Size
37
Median Age
24%
College-Educated
88%
High-School Grad
37.5 sq mi
ZIP Area
256
Density / Sq Mi
$50,739
Median Household Income
$34,265
Median Earnings
$998
Median Rent
$183,400
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Church & religious facility - Historic 1897 brick church on 1.5 acres with R-3 and R-4 zoning for multifamily redevelopment options.
Where is this church & religious facility located?
The property is located at 1018 Rivermont Avenue Lynchburg, VA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Historic 1897 Revival‑style brick church building approx. 8,493 sq. ft. on approx. 1.5 acres at 1018 Rivermont Ave.; Zoned R‑3 and R‑4 multifamily residential, supporting multifamily redevelopment options.; Adaptive reuse potential: church structure can be retained for modern residential use (conceptual adaptive reuse plan).
