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Flex Space with Industrial Zoning
For Sale
$349,900

503 Plunkett Street, Bedford, VA 24523

Commercial/Indust, Bedford, VA

Property Size3,200 SF
Lot Size0.29 Acres
Price / SF$109.34
Days on Market232

Property Features for 503 Plunkett Street

General Information

Property type Commercial Sale
Property subtype Other
Directions Downtown Bedford on Plunkett Street.
Subdivision Bedford
Standard status Active
Size 3,200 SF
Lot size 0.29 Acres

Taxes and HOA fees

Tax Description PLUNKETT ST LOT 1
Legal Description PLUNKETT ST LOT 1

Building Details

Year built 1972
Listing Agency: Lyons Team Realtors
Listed By: Ronnie L Gross · License #0225180171
Added: Jan 16 Changed: Sep 4 Last Checked: Sep 5 at 5:06PM
MLS# 364050

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 flex space property includes a 3,200-square-foot building on a 0.29-acre parcel at 503 Plunkett Street in Bedford, Virginia. Constructed in 1972, the building is positioned for light industrial operations, service businesses, storage, or redevelopment, with the available configuration supporting a range of commercial applications.

The property carries Commercial & Light Industrial zoning and is located within the town of Bedford. Its setting provides access to local amenities and major routes, while the existing building and land area offer a compact format for an owner-user or investor seeking a versatile commercial asset.

Key Highlights

  • 3,200‑square‑foot building on a 0.29‑acre parcel
  • Commercial & Light Industrial zoning
  • Built in 1972

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Pharmacy Electrical Service Kitchen & Bath Showroom HVAC 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

582
Businesses Nearby
Balanced
Demand for This Use

Demographics for 24523, VA

18,992
Population
9,729
Households
2
Avg Household Size
48
Median Age
25%
College-Educated
90%
High-School Grad
229.9 sq mi
ZIP Area
83
Density / Sq Mi
$70,074
Median Household Income
$42,500
Median Earnings
$839
Median Rent
$227,600
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Sister to Sister Custom Catering & Cafe' 121 S Bridge St, Bedford, VA 24523
  • the pig & the pineapple 503 4th St, Bedford, VA 24523

Frequently Asked Questions

What type of property is this?
Flex space - A 3,200-square-foot building on 0.29 acres offers a practical commercial footprint for light industrial and service-oriented operations.
Where is this flex space located?
The property is located at 503 Plunkett Street Bedford, VA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 3,200‑square‑foot building on a 0.29‑acre parcel; Commercial & Light Industrial zoning; Built in 1972
More about this property
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