
3,624 sqft
$349,900
2908 Memorial Avenue, Lynchburg VA, 24501
Price per sqft$96.55
Built in1932
Property size3,624 sqft
Property typeCommercial
Overview
Active
Listed Oct 15, 2026
Updated 2 weeks ago
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.
Additional information
- MLS® ID
- 369880
- Available since
- January 1, 1800
Interior Features
- Basement
- No
Exterior Features
- Lot Size
- 0.14 Acres
Other Property Details
- Taxes
- $1,487
- Tax Frequency
- Annually
Courtesy of Lauren Bell Real Estate, Inc.
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).