Industrial Building with Gated
1819 MAIN ST Lynchburg, VA 24504
For Sale
Contact for pricing
Heated warehouse with built-out offices and a fenced, gated adjacent lot for vehicle parking or equipment storage.
Property Size5,500 SF
Price / SF$72.73
Days on Market55
Property Features for 1819 MAIN ST
General Information
- Standard status
- Active
- Size
- 5,500 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1950
Listing Agency:
Dominion Commercial
(434) 238-6460
Listed By:
Chip Duff · License #0225228873
Source:
Crexi
Added: May 30
Changed: Jul 10
Last Checked: Jul 22 at 1:07PM
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 Dominion Commercial
Investment Insights
Based on property information with market context.
Offered for sale at $399,999, this 5,500-square-foot industrial building provides a flexible mix of warehouse and finished space. The property includes 500 square feet of built-out area featuring a full bath, a kitchen, and office areas. The warehouse is heated with hanging gas heaters, and roof skylights bring in natural light. Built-out mezzanine areas add additional storage, and the roof overlay was completed within the last year.
Zoned B-5, the building supports a wide variety of uses. It includes an adjacent fenced and gated lot that can be used for vehicle parking or equipment storage, with easy loading or unloading access. Ingress and egress are supported by two 12' x 12' overhead doors. Power is available via 3-phase service with 400 amp, 240-volt capacity.
Additional undeveloped land behind the building is zoned R-3 and could provide room for added parking or future development. With functional loading access, dependable utilities, and on-site office amenities, the property may fit buyers looking for an owner-user setup or a small industrial operation that benefits from both warehouse space and practical exterior storage.
Zoned B-5, the building supports a wide variety of uses. It includes an adjacent fenced and gated lot that can be used for vehicle parking or equipment storage, with easy loading or unloading access. Ingress and egress are supported by two 12' x 12' overhead doors. Power is available via 3-phase service with 400 amp, 240-volt capacity.
Additional undeveloped land behind the building is zoned R-3 and could provide room for added parking or future development. With functional loading access, dependable utilities, and on-site office amenities, the property may fit buyers looking for an owner-user setup or a small industrial operation that benefits from both warehouse space and practical exterior storage.
Key Highlights
- Approx. 5,500 SF industrial building (1950) in Lynchburg, VA, located less than 1/4 mile from US Route 29
- Zoned B‑5 for a wide variety of uses, with an additional adjacent undeveloped area zoned R‑3 behind the building
- Fenced, gated adjacent lot provides vehicle parking or equipment storage, with easy loading/unloading access
Financial Insights For Warehouse
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 | $42.9k | $7.80 |
| − Vacancy | −$3.2k | −$0.59 |
| EGI | $39.7k | $7.22 |
| − OpEx | −$6.0k | −$1.08 |
| NOI | $33.7k | $6.13 |
5,500 SF · lease $7.80/SF/yr · vacancy 7.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$481.9K
$421.6K – $562.2K
NOI $33,730 @ 7.0% cap · market cap 8.43%
Second Best
Flex RnD
$460.9K
$403.3K – $537.7K
NOI $32,261 @ 7.0% cap · market cap 8.07%
Theoretical Best
Office A
$1.63M
$1.43M – $1.90M
NOI $114,048 @ 7.0% cap · market cap 28.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar Off Market Nearby
- Repast Catering — 828 Main St, Lynchburg, VA 24504
- Purple Door Gourmet Kitchen — 904b Main St, Lynchburg, VA 24504
FAQs
What type of property is this?
Flex space - Heated warehouse with built-out offices and a fenced, gated adjacent lot for vehicle parking or equipment storage.
Where is this flex space located?
The property is located at 1819 MAIN ST Lynchburg, VA.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Approx. 5,500 SF industrial building (1950) in Lynchburg, VA, located less than 1/4 mile from US Route 29; Zoned B‑5 for a wide variety of uses, with an additional adjacent undeveloped area zoned R‑3 behind the building; Fenced, gated adjacent lot provides vehicle parking or equipment storage, with easy loading/unloading access
