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Office Building with Front Porch
For Sale
$150,000

3202 Memorial Avenue, Lynchburg, VA 24501

Commercial/Indust, Lynchburg, VA

Property Size2,310 SF
Lot Size0.16 Acres
Price / SF$64.94
Days on Market93

Property Features for 3202 Memorial Avenue

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Commercial Misc
Directions 5th street turns into Memorial Ave and property is on the left next to Violin's and More.
Standard status Active
APN 03012030
Size 2,310 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description SUBD:COMMERCIAL MISC
Legal Description SUBD:COMMERCIAL MISC

Amenities

beautiful hardwood floors
two kitchen areas
private rear staircase
spacious front porch with awning
unfinished basement

Building Details

Year built 1922
Listing Agency: John Stewart Walker, Inc
Listed By: Billy Morris · License #0225225755
Added: May 22 Changed: Aug 21 Last Checked: Aug 22 at 6:06AM
MLS# 366785

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.

Built in 1922, this 2,310-square-foot office property at 3202 Memorial Avenue includes hardwood flooring, two kitchen areas, and a private rear staircase that provides independent access to the second floor. The building also features a covered front porch, an unfinished basement, and a combination of on-street and off-street parking. It is being offered in as-is condition.

The property occupies 0.16 acres in Lynchburg, with access to the Candlers Mountain Road corridor. Its existing office configuration and separate upper-level entry provide practical flexibility within the building, while the basement adds unfinished interior area for storage or future planning subject to applicable approvals.

Key Highlights

  • 2,310‑square‑foot office building constructed in 1922
  • 0.16‑acre property at 3202 Memorial Avenue, Lynchburg, VA
  • Hardwood flooring throughout the office space

Property Analytics

Current Use

Montgomery Accounting Services, ... Tax Preparation

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office Pharmacy Skin Care Clinic Bakery

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

590
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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two kitchen areas and a private rear stairway create a flexible professional office layout.
Where is this office building located?
The property is located at 3202 Memorial Avenue Lynchburg, VA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 2,310‑square‑foot office building constructed in 1922; 0.16‑acre property at 3202 Memorial Avenue, Lynchburg, VA; Hardwood flooring throughout the office space
More about this property
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