2908 Memorial Avenue | Image 1

$425,000

For Sale

13 days ago

2908 Memorial Avenue, Lynchburg, VA

House

MLS® 365613

0 Bed

0 Bath

3624 sqft

0

  • Key Facts
  • Description
  • Map

Key Facts

Type Industrial
Levels Commercial Sale
Size 3624 sqft
Garage 
Taxes 
Days Active 13
Lot Size 
Approx. Age 1932
Avg. Price Per Sqft $117
MLS® Number 365613

Property Address: 2908 Memorial Avenue, Lynchburg, VA, 24501

Average square foot calculated using Size range provided by listing agent.

Description

This is a fantastic fully tenanted investment opportunity comprising two commercial units and four 1-bedroom apartments. The property generates immediate rental income from day one, making it an ideal choice for investors seeking a stable, income-producing asset. With all units already rented out, this mixed-use property offers a secure and diversified income stream across both commercial and residential tenants. The two commercial units provide strong business rental appeal, while the four 1-bedroom apartments benefit from consistent demand in the rental market. A rare opportunity to acquire a fully occupied mixed-use investment with reliable returns, strong tenancy profile, and excellent long-term potential.
MLS® Number365613
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1932
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 7, 2026List Date
$425,000List Price
  • Commute

Commute

Starting Address
Destination Address
2908 Memorial Avenue, Lynchburg, VA

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