Lynchburg, VA Retail Properties For Sale

 4
  • Christopher Gentry, SIOR
408 Federal St
Lynchburg, VA 24504
$895,000 USD
8,144 SF
        
8,144 SF
$895,000 USD
General Retail
 19
1112 Main St
Lynchburg, VA 24504
$795,000 USD
28,000 SF
        
28,000 SF
$795,000 USD
Storefront Retail Residential
 31
  • Zach Willis
525 Alleghany Ave
Lynchburg, VA 24501
$189,900 USD
4,760 SF
        
4,760 SF
$189,900 USD
Freestanding
 5
  • Michael Early
3812 Wards Rd
Lynchburg, VA 24502
$3,650,000 USD
7,450 SF
6.85% Cap Rate
        
7,450 SF
$3,650,000 USD
Restaurant
 2
  • Glen Kunofsky
  • Daniel Price
4623 S Amherst Hwy
Madison Heights, VA 24572
$1,779,480 USD
1,928 SF
5.5% Cap Rate
        
1,928 SF
$1,779,480 USD
Storefront
 13
  • Ricky Read
  • Luke Dykeman
4482 S Amherst Hwy
Madison Heights, VA 24572
$890,000 USD
2,531 SF
        
2,531 SF
$890,000 USD
Bank
 25
  • Tiffany Wright
1825 12th St
Lynchburg, VA 24501
$249,900 USD
1,105 SF
        
1,105 SF
$249,900 USD
Restaurant
 3
  • Christopher Gentry, SIOR
3100 Old Forest Rd
Lynchburg, VA 24501
$1,900,000 USD
10,113 SF
        
10,113 SF
$1,900,000 USD
General Retail
 5
  • Robert Dawson
1537 Park Ave
Lynchburg, VA 24501
$250,000 USD
1,344 SF
        
1,344 SF
$250,000 USD
Storefront
 3
  • Matthew Cronin
  • Steve Sagmani
6113 Boonsboro Rd
Lynchburg, VA 24503
$1,280,122 USD
7,397 SF
7% Cap Rate
        
7,397 SF
$1,280,122 USD
Freestanding
 4
  • Luke Dykeman
1622 12th St
Lynchburg, VA 24501
$290,000 USD
3,943 SF
        
3,943 SF
$290,000 USD
Showroom
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Lynchburg Retail Properties For Sale

Retail Properties in Lynchburg, Virginia offer a unique investment opportunity for those looking to capitalize on the city's rich history, natural beauty, and diverse economy. With a population of approximately 80,000, Lynchburg provides a stable market for retail businesses to thrive. Retail Properties in Lynchburg can represent a variety of investments, from small, independent boutiques to large, commercial shopping centers. The city's amenities, such as the James River Heritage Trail and the Old City Cemetery Museums & Arboretum, make it an attractive location for businesses and tourists alike. Additionally, Lynchburg's infrastructure, including the Greater Lynchburg Transit Company and the Lynchburg Regional Airport, provides easy access to the city and its surrounding areas. The city's education system, featuring institutions like Liberty University and Randolph College, also contributes to its appeal. With its unique blend of history, culture, and natural beauty, Lynchburg is an ideal location for businesses and investors looking to establish a strong presence in the region.

Lynchburg's Retail Properties are situated in a city with a diverse range of attractions and amenities, including the Lynchburg Symphony Orchestra, the Academy of Fine Arts, and the Opera on the James. Nearby, Shopping Centers like the River Ridge Mall offer a variety of retail options, while Restaurants like the Depot Grille provide a unique dining experience. Office Properties, such as those found in the downtown area, offer a range of spaces for businesses to establish themselves. Hotels, like the Craddock Terry Hotel, provide accommodations for visitors and tourists. With its rich history, cultural attractions, and diverse economy, Lynchburg is an ideal location for businesses and investors looking to establish a strong presence in the region. Currently, there are 11 Retail Properties available for sale in Lynchburg, with an average price per square foot of $254 USD and an average size of 6,974 square feet. The largest property available is 28,000 square feet, offering a range of possibilities for investors and businesses looking to establish themselves in the area.

What is the average cap rate for retail properties in Lynchburg?

For investors seeking retail properties in Lynchburg, it's essential to understand the average cap rate, which currently stands at 6.45%. To better comprehend this metric, it's helpful to read our article on what is a cap rate, which provides an in-depth explanation of this crucial investment concept.

How do location and foot traffic affect retail property values?

In Lynchburg, Virginia, the location of a retail property plays a significant role in determining its value, with properties situated in high-traffic areas such as downtown Lynchburg or near major transportation hubs like Kemper Street Station and Lynchburg Regional Airport tend to command higher prices due to their accessibility and visibility. Additionally, foot traffic is a crucial factor, as retail properties with high foot traffic, such as those located near popular amenities like the Lynchburg Symphony Orchestra, Academy of Fine Arts, and Opera on the James, are more likely to attract customers and generate revenue, thereby increasing their value.

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