Historic Four-Unit Mixed-Use
For Sale
$1,100,000
1025 Church St, Lynchburg, VA 24504
Renovated property with four separate units and preserved Beaux Arts architectural character.
Property Size9,341 SF
Price / SF$117.76
Days on Market204
Property Features for 1025 Church St
General Information
Standard status
Active
Size
9,341 SF
Listing Agency:
John Stewart Walker, Inc
(434) 385-6655
Listed By:
Kirsten J. Morey
Source:
Exprealty
Added: Mar 30
Changed: Oct 4
Last Checked: Oct 16 at 11:51AM
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 John Stewart Walker, Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 9,341-square-foot mixed-use building combines a 1897 construction date with a substantial renovation and four separately arranged units. Its Beaux Arts design, substantial scale, and historic architectural details remain central to the property’s identity. The building was originally created as a Masonic Lodge by architect Edward G. Frye.
Located at 1025 Church St in downtown Lynchburg, the property includes exterior space documented by an existing survey. The survey also delineates the individual units and may provide a framework for a future condominium conversion, although the original conversion process was not completed. Tenant notice of at least 24 hours is required for access by pre-qualified buyers.
Located at 1025 Church St in downtown Lynchburg, the property includes exterior space documented by an existing survey. The survey also delineates the individual units and may provide a framework for a future condominium conversion, although the original conversion process was not completed. Tenant notice of at least 24 hours is required for access by pre-qualified buyers.
Key Highlights
- 9,341‑square‑foot mixed‑use building in downtown Lynchburg
- Four separate renovated units
- 1897 construction by architect Edward G. Frye
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,898
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,417,960
$1.4M
Cap Rate 7%
$1,012,829
$1.0M
Cap Rate 9%
$787,756
$787.8K
Market Conditions
NOI Build-Up for 9,341 SF
Gross rent
$123.3K $13.20/SF
− Vacancy
−$9.9K −$1.06/SF
EGI
$113.4K $12.14/SF
− OpEx
−$42.5K −$4.55/SF
NOI
$70.9K $7.59/SF
Area
Lynchburg County, VA
Vacancy
8.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,417,960
Cap Rate 7%
$1,012,829
Cap Rate 9%
$787,756
Alternative Uses
Best Use
Mixed Use
$1.01M
$886.2K – $1.18M
NOI $70,898 @ 7.0% cap · market cap 6.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.77M
$2.42M – $3.23M
NOI $193,695 @ 7.0% cap · market cap 17.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,286
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated property with four separate units and preserved Beaux Arts architectural character.
Where is this mixed-use property located?
The property is located at 1025 Church St Lynchburg, VA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 9,341‑square‑foot mixed‑use building in downtown Lynchburg; Four separate renovated units; 1897 construction by architect Edward G. Frye
