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    Lynchburg, VA
    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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    This listing looks promising.

    Here's a quick look at some key insights for

    155 Laxton Road, Lynchburg, VA 24502

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    • Est. Cap Rate

      6.6%
      Above avg (5.9%)

    • Est. NOI

      $20K
      Annual

    • Mortgage

      $180K
      Oct 2025

    • Property Type

      Commercial (General)
      Built 1972
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lynchburg, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Live-Work Property with Ground-Level ADU
    Live-Work Property with Ground-Level ADU

    804 Madison Street, Durham, NC 27701

    $895,000
    2,450 sqft

    Flexible downtown live-work residence with a ground-level ADU and zoning flexibility for office or rental uses.

    View details
    Flexible Live-Work Property
    Flexible Live-Work Property

    2801 Brandon Ave SW, Roanoke, VA 24015

    $489,000
    0.88 AC lot

    For-sale live-work and office-flexible property in Roanoke, listed under C1 zoning.

    View details
    Road-Front Office Live-Work Unit
    Road-Front Office Live-Work Unit

    3219 Guess Road Unit 3219, Durham, NC 27705

    $750,000
    1,600 sqft 0.50 AC lot

    Office unit on a half-acre lot with road frontage on busy Guess Road in Durham.

    View details
    Downtown Roanoke Mixed-Use Opportunity
    Downtown Roanoke Mixed-Use Opportunity

    21 Church Ave SW, Roanoke, VA

    Contact for pricing
    4,474 sqft 0.05 AC lot

    Former florist building with live-work potential in downtown Roanoke.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercially Zoned Vacant Lot
    Commercially Zoned Vacant Lot

    2710 12TH Street NE, Washington, DC 20018

    $564,200
    0.06 AC lot

    Vacant lot suitable for development or restaurant in Washington, DC.

    View details
    Industrial Land with Man-Made Ponds
    Industrial Land with Man-Made Ponds

    645 Route 30, Clinton, PA 15026

    $215,000
    13.18 AC lot

    Zoned I-1 industrial land on 13.18 acres with 10 man-made ponds and a 1-bedroom, 1-bath residence onsite.

    View details
    Waterfront Development Land Tract
    Waterfront Development Land Tract

    186 Zenker Road, Lexington, SC 29072

    $4,627,500
    77.12 AC lot

    Large waterfront tract on Gibson Pond with extensive shoreline and utility access for residential-style development planning.

    View details
    Prime Land with Black Horse Frontage
    Prime Land with Black Horse Frontage

    2443 South Black Horse, Williamstown, NJ 08094

    $375,000
    19.00 AC lot

    Approximately 19 acres with frontage on Black Horse Pike.

    View details

    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 31
    Office buildings 21
    Medical Office Space 5
    Creative space 2

    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%

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lynchburg city

    Office

    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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