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Multi-Tenant Commercial Building For Sale
For Sale
$450,000

4890 Fort Ave, Lynchburg, VA 24502

Commercial building with high visibility, access, and parking for sale.

Days on Market450

Property Features for 4890 Fort Ave

General Information

Standard status Active
Listing Agency: Coldwell Banker Commercial Read & Company
Listed By: Ricky Read · License #0226023041
Source: Exprealty
Added: May 8, 2025 Changed: Jul 6 Last Checked: Jul 30 at 5:46PM

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.

This multi-tenant commercial building is located at the signalized intersection of Fort Avenue and McKinney Avenue in Lynchburg, Virginia. The property benefits from high visibility, ease of access, and ample parking. The building features attractive construction and offers room for expansion. Currently, the property is 100% occupied. The property has a strong rental history. Financials and rent roll are available upon request.

Key Highlights

  • 100% Occupancy: Provides immediate and consistent rental income.
  • Strong Rental History: Demonstrates a proven track record.
  • High Visibility Location: Situated at a signalized intersection (Fort Ave. and McKinney Ave) offering excellent exposure.

Property Analytics

Current Use

Highly Favored Ministries ... Charitable Organization BELTONE HEARING AID ... Hearing Aid Store

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom Skin Care Clinic Electrical Service Daycare Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

291
Businesses Nearby

Demographics for 24502, VA

41,058
Population
18,576
Households
2.2
Avg Household Size
36
Median Age
39%
College-Educated
92%
High-School Grad
29.9 sq mi
ZIP Area
1,373
Density / Sq Mi
$66,027
Median Household Income
$35,923
Median Earnings
$1,166
Median Rent
$214,300
Median Home Value

Market

Properties on Market for Retail properties & Spaces in Lynchburg

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail property - Commercial building with high visibility, access, and parking for sale.
Where is this retail property located?
The property is located at 4890 Fort Ave Lynchburg, VA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 100% Occupancy: Provides immediate and consistent rental income.; Strong Rental History: Demonstrates a proven track record.; High Visibility Location: Situated at a signalized intersection (Fort Ave. and McKinney Ave) offering excellent exposure.
More about this property
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