408 Federal St, Lynchburg, VA

Listing agent Christopher Gentry

Listing office Gentry Commercial Real Estate, Inc c***@gcrei.com Show Phone

Listing date Mar 24, 2025

Source Moodyscre

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Overview

This 8,144 square-foot building, constructed in 2016, was formerly a Family Dollar. Situated on a 0.807-acre corner parcel at the roundabout intersection of Fifth Street and Federal Street, the property features a paved parking lot with 25 spaces and 400A, 3-phase electrical service. It is served by public water and sewer. The building is located across from the Centra Health 5th Street Community Health Center, the Centra PACE facility, and the Johnson Health Center, near downtown Lynchburg. The property is adaptable for a variety of uses and is located within an Opportunity Zone, Enterprise Zone, and Revitalization Zone.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Lynchburg

County

Lynchburg

State

Virginia

Longitude

-79.1508

Latitude

37.4155

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FAQs

What type of property is this?

Retail space - 8,144 SF retail building adaptable for various uses.

Where is this retail space located?

The property is located at 408 Federal St Lynchburg, VA.

What is the asking price?

The asking price for this property is $699,000.

What are key features of this property?

This property features: Located within an Opportunity Zone, Enterprise Zone, and Revitalization Zone.; Adaptable 8,144sf building constructed in 2016.; 0.807ac corner parcel at roundabout intersection of Fifth St. & Federal St.