Search
Automotive Service & Showroom Property
For Sale
Contact for pricing

301 Oakley Ave, Lynchburg, VA 24501

Two-parcel site with large paved parking, including dealership and service buildings adaptable to multiple uses.

Property SizeContact for details
Lot Size1.76 Acres
Days on Market134

Property Features for 301 Oakley Ave

General Information

Standard status Active
Lot size 1.76 Acres
Property subtype Retail, Land

Additional Details

Road Access Yes
Listing Agency: Gentry Commercial Real Estate Inc
Listed By: Christopher Gentry, SIOR · License #VA 0225033997
Source: Crexi
Added: Apr 11 Changed: Aug 22 Last Checked: Aug 14 at 7:52AM

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 Gentry Commercial Real Estate Inc

Investment Insights

Based on property information with market context.

This for-sale automotive property comprises approximately 1.76 acres across two parcels: 301 Oakley Avenue and 100 Hood Street. It was originally used as an automobile dealership and service facility, and the existing configuration is adaptable for a wide variety of uses. The property includes a main building of approximately 17,308 SF and a secondary building of approximately 5,680 SF, along with a large paved parking area.

The site fronts four city streets near the University of Lynchburg (formerly Lynchburg College) and the main medical hub of the Lynchburg MSA. It is located within an Enterprise Zone and a Revitalization Zone.

Two additional properties, 401 Oakley Avenue and 342 Oakley Avenue, can be combined for a package sale.

Key Highlights

  • 1.76‑acre, two‑parcel site at 301 Oakley Avenue and 100 Hood Street
  • Main building approx. 17,308 SF plus secondary building approx. 5,680 SF
  • Large paved parking area

Property Analytics

Current Use

Oak Ridge Collision ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Pharmacy Storage Facility Dental Office

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

859
Businesses Nearby
Well-served
Demand for This Use

Demographics for 24501, VA

27,160
Population
12,157
Households
2.2
Avg Household Size
33
Median Age
25%
College-Educated
87%
High-School Grad
36.3 sq mi
ZIP Area
748
Density / Sq Mi
$45,305
Median Household Income
$28,790
Median Earnings
$936
Median Rent
$155,800
Median Home Value

Market

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Sandy's Towing 3000 Memorial Ave, Lynchburg, VA 24501
  • Sandy’s Towing and Tires - Auto Repair 3000 Memorial Ave, Lynchburg, VA 24501
  • Local Car A/C & Brake Repair 3404 Memorial Ave, Lynchburg, VA 24502
  • Bee Line Towing & Transport 2999 Fort Ave, Lynchburg, VA 24501
  • 7-Hills- Mobile Mechanic 626 Thomas Rd, Lynchburg, VA 24501

Frequently Asked Questions

What type of property is this?
Auto shop - Two-parcel site with large paved parking, including dealership and service buildings adaptable to multiple uses.
Where is this auto shop located?
The property is located at 301 Oakley Ave Lynchburg, VA.
What are key features of this property?
This property features: 1.76‑acre, two‑parcel site at 301 Oakley Avenue and 100 Hood Street; Main building approx. 17,308 SF plus secondary building approx. 5,680 SF; Large paved parking area
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message