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Renovated Office Space Near Hospital
For Sale
$799,000

1928 Thomson Drive, Lynchburg, VA 24501

Renovated office space adaptable for single or multiple tenants.

Property Size6 SF
Price / SF$133,166
Days on Market360

Property Features for 1928 Thomson Drive

General Information

Standard status Active
Size 6 SF
Property subtype Office

Building Details

Year Built 1972
Listing Agency: Coldwell Banker Commercial Read & Company
Listed By: Ricky Read · License #0226023041
Source: Cbcworldwide
Added: Sep 10, 2025 Changed: May 21 Last Checked: Apr 9 at 9:00PM

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 is an attractive renovated office space located on Thomson Drive, situated past Lynchburg General Hospital and near the Alan Pearson Cancer Center. The property offers a total of 6,600 square feet of space. The space is adaptable for a variety of uses and could accommodate a single tenant or be divided into multiple units. It is conveniently located near numerous healthcare institutions and is approximately a 10-minute drive to downtown Lynchburg. The property is also available for lease.

Key Highlights

  • Renovated office space offering 6,600 sq. ft.
  • Adaptable for single tenant or multiple units.
  • Convenient location near Lynchburg General Hospital and Alan Pearson Cancer Center.

Property Analytics

Current Use

Shamrock Bld. Corporate Office Walker Jr Allen ... Physician

Suggested Use

Top Pick Restaurant Real Estate Agency Auto Repair Shop Building Supply Auto Parts Store Big Box & Wholesale Store

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

1,057
Businesses Nearby

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Renovated office space adaptable for single or multiple tenants.
Where is this office units located?
The property is located at 1928 Thomson Drive Lynchburg, VA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Renovated office space offering 6,600 sq. ft.; Adaptable for single tenant or multiple units.; Convenient location near Lynchburg General Hospital and Alan Pearson Cancer Center.
More about this property
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