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Creative Space with Front and Rear Parking
For Sale
$129,900

196 Oakley Avenue, Lynchburg, VA 24501

Commercial/Indust, Lynchburg, VA

Property Size919 SF
Lot Size0.12 Acres
Price / SF$141.35
Days on Market95

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
Listed By: Karin Baldwin · License #225035981
Added: Jun 9 Changed: Sep 2 Last Checked: Sep 11 at 11:06PM
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 919-square-foot creative space was built in 1945 and was most recently used as a photography studio. The property carries B-5 zoning and has a newer roof, providing defined physical and land-use characteristics for evaluation.

Located at 196 Oakley Avenue in Lynchburg, Virginia, the property occupies 0.123 acres. Parking is available both in front of the building and behind it, supporting convenient access to the existing structure.

Key Highlights

  • 919‑square‑foot creative space on 0.123 acres
  • B‑5 zoning
  • Most recently used as a photography studio

Property Analytics

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Current Use

All God's Creatures ... Photography Service

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Garden Center Real Estate Agency Storage Facility Catering Service

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

887
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Creative space - B-5 zoning and a newer roof are key property features.
Where is this creative space located?
The property is located at 196 Oakley Avenue Lynchburg, VA.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: 919‑square‑foot creative space on 0.123 acres; B‑5 zoning; Most recently used as a photography studio
More about this property
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