Office Flex Property with
For Sale
$149,900
196 Oakley Avenue, Lynchburg, VA 24501
COMMERCIAL - Lynchburg, VA
Property Size919 SF
Lot Size0.12 Acres
Price / SF$163.11
Days on Market53
Property Features for 196 Oakley Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Memorial Ave to Oakley Ave to 196 on R
Subdivision
Lynchburg
Standard status
Active
APN
01302008
Size
919 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Description
WEST LYNCHBURG, SEC 1, BLK 3,
Legal Description
WEST LYNCHBURG, SEC 1, BLK 3,
Building Details
Year built
1945
Listing Agency:
Re/Max 1st Olympic · RE/MAX International
(434) 832-1100
Listed By:
Karin Baldwin · License #225035981
(434) 841-7537
Added: Jun 9
Last Checked: Jul 31 at 12:06AM
MLS# 367129
Copyright © 2026 Lynchburg Virginia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained commercial property is zoned B-5 and has been used previously as a photography studio. The roof is described as newer, supporting a ready-to-occupy condition for office or compatible business operations. With a compact footprint, the space lends itself to a variety of small business formats where flexible interior use matters.
Parking is available in both the front and the rear of the property, improving day-to-day access for clients, staff, and deliveries. The site is located at 196 Oakley Avenue in Lynchburg, Virginia, and is offered for sale.
For tenants, buyers, or investors seeking an adaptable office-style asset, the B-5 zoning classification is a key attribute when evaluating permitted business options. The combination of an already-improved interior (previously used as a studio) and available on-site parking in two locations can help reduce friction for customer-facing or appointment-based uses. Interested parties should verify allowable uses and any requirements with the local permitting authority based on the B-5 zoning designation.
Parking is available in both the front and the rear of the property, improving day-to-day access for clients, staff, and deliveries. The site is located at 196 Oakley Avenue in Lynchburg, Virginia, and is offered for sale.
For tenants, buyers, or investors seeking an adaptable office-style asset, the B-5 zoning classification is a key attribute when evaluating permitted business options. The combination of an already-improved interior (previously used as a studio) and available on-site parking in two locations can help reduce friction for customer-facing or appointment-based uses. Interested parties should verify allowable uses and any requirements with the local permitting authority based on the B-5 zoning designation.
Key Highlights
- Year built 1945 property
- Zoned B‑5 for a multitude of possible uses
- Newer roof
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
887
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Well-maintained office-flex building offers versatile zoning and front-and-rear parking for a range of business uses.
Where is this office units located?
The property is located at 196 Oakley Avenue Lynchburg, VA.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Year built 1945 property; Zoned B‑5 for a multitude of possible uses; Newer roof
