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Mixed-Use Property with Office Space
For Sale
$449,900

525 7th St, Altavista, VA 24517

COMMERCIAL - Altavista, VA

Property Size8,525 SF
Lot Size0.56 Acres
Price / SF$52.77
Days on Market94

Property Features for 525 7th St

General Information

Property type Commercial Sale
Property subtype Other
Directions Bedford Ave. to Main St., then take Broad St or Campbell Ave to 7th St. Property is on corner of 7th St & Campbell Ave.
Subdivision Campbell
Standard status Active
APN 83A-11-15-39
Size 8,525 SF
Lot size 0.56 Acres

Taxes and HOA fees

Tax Description LOTS 36-42 BLOCK 15
Legal Description LOTS 36-42 BLOCK 15

Building Details

Year built 1937
Listing Agency: Mark A. Dalton & Co., Inc.
Listed By: Callie Reyes · License #0225273134
Added: May 21 Changed: Aug 4 Last Checked: Aug 22 at 7:06AM
MLS# 366700

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 mixed-use property comprises multiple parcels totaling 8,525 square feet on 0.5613 acres. The asset includes updated office space, two residential units at 525 7th St., one commercial unit at 529 7th St., and two commercial units at 616 Campbell Ave. Upgrades were completed in 2025, and the property was constructed in 1937.

Located in downtown Altavista, the property carries C-2 zoning and falls within the Downtown Revitalization Overlay District. The multi-address configuration combines residential and commercial occupancy within one offering, with ample parking serving the property.

Key Highlights

  • 8,525‑square‑foot mixed‑use property on 0.5613 acres
  • C‑2 zoning within the Downtown Revitalization Overlay District
  • Two residential units at 525 7th St.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store HVAC Service Dental Office Furniture & Home Goods

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

305
Businesses Nearby

Demographics for 24517, VA

5,306
Population
2,376
Households
2.2
Avg Household Size
45
Median Age
23%
College-Educated
91%
High-School Grad
32.6 sq mi
ZIP Area
163
Density / Sq Mi
$51,141
Median Household Income
$36,789
Median Earnings
$855
Median Rent
$133,700
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?
Mixed-use property - Multi-parcel commercial asset with office, residential, and commercial units within Altavista’s Downtown Revitalization Overlay District.
Where is this mixed-use property located?
The property is located at 525 7th St Altavista, VA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 8,525‑square‑foot mixed‑use property on 0.5613 acres; C‑2 zoning within the Downtown Revitalization Overlay District; Two residential units at 525 7th St.
More about this property
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