0 Baths
8,493 sqft
$695,000
1018 Rivermont Avenue, Lynchburg VA, 24504
Price per sqft$81.83
Built in1897
Property size8,493 sqft
Property typeMulti-family
Overview
Active
Listed Apr 10, 2026
Updated Jun 26
Prime Multi-Family Development or Adaptive Reuse Opportunity! Situated at 1018 Rivermont Ave., consisting of approx. 1.5 acres of land near the vibrant downtown district. The site currently features a historic 1897 Revival-style brick church being roughly 8,493 sq. ft. This structure provides an exceptional canvas for an adaptive reuse project, allowing developers to retain historic charm while meeting modern residential needs. Alternatively, a conceptual plan outlines a 1.10 acre portion to be subdivided for a new construction of 14 townhome units. Property benefits from existing R-3 and R-4 multifamily residential zoning providing path for development. This sale includes 1002 & 1006 Randolph St., & 1021 Cabell Street. Excellent visibility, convenient access to urban amenities, and a favorable demographic in the surrounding submarket.
$4,624/mo
Est. mortgage payment based on a $695,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 365716
- Available since
- January 1, 1800
Interior Features
- Bathrooms
- 0
- Basement
- No
Exterior Features
- Lot Size
- 1.5 Acres
Other Property Details
- Taxes
- $99,999
- Tax Frequency
- Annually
- 55+/Senior Community
- No
Courtesy of Coldwell Banker Commercial Read & Company
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright: by the VA - Lynchburg Association of REALTORS® (LAR).