Live - Work Space

Lynchburg, VA Live-work Space for Sale

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Rustburg, VA Madison Heights, VA Forest, VA Amherst, VA Concord, VA Evington, VA Monroe, VA Spout Spring, VA
Office-Converted Front with Rear Residence
Updated: Dec 8, 2025
Office-Converted Front with Rear Residence

155 Laxton Road, Lynchburg, VA 24502

$300,000
2,599 sqft 0.62 AC lot
Prime commercial location on a high‑visibility thoroughfare, near Lowe's and across from Brookville High School.
Versatile property suitable for live‑work setup, dual investment, or business headquarters with housing.
Functional office space converted from a residential home.
Separate 2‑bedroom, 1‑bath home on the same lot for on‑site living or rental income.
Strong traffic flow and excellent visibility.
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See what stands out in Lynchburg city

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lynchburg, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Apartment
Mixed-Use Property with Apartment

405 N MAIN ST, Bridgewater, VA 22812

$699,900
2,445 sqft 0.32 AC lot

Commercial space pairs with an upstairs residence for a flexible live-work configuration.

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Flex Space With Attached Office
Flex Space With Attached Office

471 Osborne, Keysville, VA 23947

$429,900
43,560 sqft 1.12 AC lot

Commercial property combines warehouse, garage, and finished administrative areas.

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Mixed-Use Building with Restaurant
Mixed-Use Building with Restaurant

305 N MAIN ST, Bridgewater, VA 22812

$619,000
3,200 sqft

The property combines an operating restaurant with a separate upstairs apartment.

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Live-Work Industrial Workshop
Live-Work Industrial Workshop

471 Osborne St, Keysville, VA 23947

$429,900
43,560 sqft

Industrial workshop with a heated office suite, roll-up door, skylights, and additional above-office rooms for flexible live-work setups.

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Lynchburg, VA Live-Work Space Market Trends and Statistics

Explore 1 live-work space for sale in Lynchburg, VA on our real estate platform. These investment opportunities span a total of 2,599 square feet of properties for sale, with an estimated market value of $300,000.

Sale prices for live-work properties in Lynchburg, VA average $300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 29
Office buildings 21
Medical Office Space 4
Creative space 3

Demographics Overview

Population 103K
Population Growth (5Y) -3.8%
Median Household Income $64,253
College Educated 25.7%

High-Yield Neighborhoods for Investment

Identify Lynchburg submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
24502 $300K

Taxes & Financing

Tax Rate (average for all types) 0.82%
Property Tax per SF $9.77 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lynchburg city

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Lynchburg fall within the 10,000 to 25,000 square foot range.

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