Storefront Property with
For Sale
$429,900
Pending
1104 Church St, Lynchburg, VA 24504
B4-zoned commercial space with a finished customer-facing level and substantial lower-level storage or expansion area.
Property Size1,250 SF
Days on Market55
Property Features for 1104 Church St
General Information
Standard status
Pending
Size
1,250 SF
Zoning
B4
Listing Agency:
Century 21 ALL-SERVICE-BEDFORD
(540) 586-5500
Listed By:
Kevin Turner · License #0225019642
(434) 239-2121
Source:
Exprealty
Added: Sep 3
Changed: Oct 25
Last Checked: Oct 26 at 6:05PM
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 Century 21 ALL-SERVICE-BEDFORD
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Investment Insights
Based on property information with market context.
This storefront property includes 1,250 square feet of finished main-level space and a full 1,250-square-foot basement. The lower level provides room for storage or additional buildout, while the primary floor is ready for business operations.
Located at 1104 Church St in Lynchburg, the property carries B4 zoning. The designation supports office, retail, restaurant, and entertainment uses, providing flexibility for a range of commercial concepts. The combination of finished space, basement utility, and broad permitted-use potential gives the property a practical format for an owner-user or investor.
Located at 1104 Church St in Lynchburg, the property carries B4 zoning. The designation supports office, retail, restaurant, and entertainment uses, providing flexibility for a range of commercial concepts. The combination of finished space, basement utility, and broad permitted-use potential gives the property a practical format for an owner-user or investor.
Key Highlights
- 1,250 SF of finished main‑level space
- Full 1,250‑square‑foot basement for storage or expansion
- B4 zoning allows office, retail, restaurant, and entertainment uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,167
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$303,340
$303.3K
Cap Rate 7%
$216,671
$216.7K
Cap Rate 9%
$168,522
$168.5K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$22.5K $18.00/SF
− Vacancy
−$833 −$0.67/SF
EGI
$21.7K $17.33/SF
− OpEx
−$6.5K −$5.20/SF
NOI
$15.2K $12.13/SF
Area
Lynchburg County, VA
Vacancy
3.70%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$303,340
Cap Rate 7%
$216,671
Cap Rate 9%
$168,522
Alternative Uses
Best Use
Retail
$216.7K
$189.6K – $252.8K
NOI $15,167 @ 7.0% cap · market cap 3.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$370.3K
$324.0K – $432.0K
NOI $25,920 @ 7.0% cap · market cap 6.03%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,286
Businesses Nearby
6k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 86%
Electronics 14%
Virginia ABC
Groceries
5,102 visits/mo
0.1 miles
Metro by T-Mobile
Electronics
816 visits/mo
0.5 miles
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Fleur — lynchburg, va 24504
- STEELCUT FLOWER CO — 507 Harrison St, Lynchburg, VA 24504
Frequently Asked Questions
What type of property is this?
Storefront property - B4-zoned commercial space with a finished customer-facing level and substantial lower-level storage or expansion area.
Where is this storefront property located?
The property is located at 1104 Church St Lynchburg, VA.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: 1,250 SF of finished main‑level space; Full 1,250‑square‑foot basement for storage or expansion; B4 zoning allows office, retail, restaurant, and entertainment uses
