Historical Tobacco Warehouse
107 13th Street Lynchburg, VA 24504
For Sale
$2,590,000
COMMERCIAL - Lynchburg, VA
Property Size45,000 SF
Lot Size0.69 Acres
Price / SF$57.56
Days on Market455
Property Features for 107 13th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 04602002
- Size
- 45,000 SF
- Lot size
- 0.69 Acres
Taxes and HOA fees
- Tax Description
- BLK 89
Building Details
- Year built
- 1899
Listing Agency:
Keller Williams
(434) 534-9113
Listed By:
Moyanne Harding · License #0225239748
(434) 401-6785
Added: Apr 27, 2025
Changed: May 22
Last Checked: Jul 25 at 2:06PM
MLS# 358866
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.
This 45,000 square foot, two-story warehouse is located in downtown Lynchburg. The building features 35-foot ceilings lined with skylights, and includes three addresses and four garage doors. The property, spanning a block from 12th to 13th Street, fronts Commerce Street. It currently operates as an estate furniture retail shop, and has previously served as an interior design studio, real estate office, wine lounge, and events venue. The building includes a full kitchen, three half baths, and one full bath. Multifamily residential development plans have been designed, including a floor plan with conceptual renderings. Other potential uses include a storage facility or indoor parking garage. Historical tax credits may be available.
Key Highlights
- 45,000 sq ft historical tobacco warehouse in Downtown Lynchburg.
- Prime location spanning a full block from 12th to 13th, fronting Commerce Street.
- Multifamily residential development plan with floor plan and conceptual renderings included.
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $351.0k | $7.80 |
| − Vacancy | −$26.3k | −$0.59 |
| EGI | $324.7k | $7.22 |
| − OpEx | −$97.4k | −$2.16 |
| NOI | $227.3k | $5.05 |
45,000 SF · lease $7.80/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$7.80M
$6.83M – $9.10M
NOI $546,021 @ 7.0% cap · market cap 21.08%
Second Best
Mixed Use
$4.88M
$4.27M – $5.69M
NOI $341,550 @ 7.0% cap · market cap 13.19%
Theoretical Best
Office A
$13.33M
$11.66M – $15.55M
NOI $933,120 @ 7.0% cap · market cap 36.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Moyanne Real Estate
Real Estate Agency
Interiors By Moyanne
Interior Design
Similar Off Market Nearby
- Downtown Storage LYH — 1901 Main St, Lynchburg, VA 24504
FAQs
What type of property is this?
Warehouse - Spacious 45,000 SF warehouse in downtown Lynchburg for sale.
Where is this warehouse located?
The property is located at 107 13th Street Lynchburg, VA.
What is the asking price?
The asking price for this property is $2,590,000.
What are key features of this property?
This property features: 45,000 sq ft historical tobacco warehouse in Downtown Lynchburg.; Prime location spanning a full block from 12th to 13th, fronting Commerce Street.; Multifamily residential development plan with floor plan and conceptual renderings included.
