Check Availability
$250,000
Commercial - For Sale

1541 Park Avenue

Lynchburg, VA 24501
bedrooms
Studio
bathrooms
0 Bath
$254,356
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Rare opportunity! Prime location, downtown Lynchburg commercial and residential properties with B-5 zoning. Lots of potential and rental income! Ample parking. 1541 Park Ave includes the 1,856SF block garage (which has endless possibilities) and the 280SF, 1 BR/1 BA vinyl sided home that is currently occupied, generating rental income, too! Property also available as MLS#: 341015 which includes the adjoining property at 1537 Park Ave. That property offers a 1,344SF convenience store.
Unit Size
-
Days on Market
577 days
Land Size
0.39 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1940

Listed By

Laura Coles
Berkshire Hathaway HomeServices Dawson Ford Garbee & Co., REALTORS®-Forest
Last updated: 2 years ago (LVAMLS #341522)

Price History

Date / Event Date Event Price
Nov 18, 2022 Listed by Dawson Ford Garbee & Co $250,000
Listed by Dawson Ford Garbee & Co
Jul 29, 2015 Sold to Momen Ahmed Barakat $170,000
Sold to Momen Ahmed Barakat

Property Highlights

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$250,000 Nov 18, 2022
-
-
House
3 Beds
2 Baths
-
$225,000 Jul 2, 2023
-
-
House
3 Beds
1.5 Baths
2,418 ft²
$120/ft²
$289,900 Jul 27, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

1541 Park Avenue 1541 Park Avenue, Lynchburg, VA 24501
  • 1 Unit for Sale
More about this Building
1541 Park Avenue
Want to find out who owns 1541 Park Avenue, Lynchburg, VA 24501? Get detailed property transactions here .

About College Hill


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