1112 Main St Lynchburg, VA 24504

This exceptional 24,120 square foot property, located at 1112 Main Street in Lynchburg, Virginia, presents a unique investment opportunity. Originally constructed in 1909 as the City Auditorium, this historic landmark boasts two 12,000 square foot stories, offering significant potential for adaptive reuse. The building's strong structural integrity is a key advantage, complemented by the availability of Historic Tax Credits, which can substantially reduce development costs. The property sits on a 0.29-acre lot in the heart of downtown Lynchburg, providing excellent visibility and accessibility. The existing structure includes an impressive indoor theater, already providing a strong foundation for a variety of potential uses. Envisioned uses include a boutique hotel, residential lofts, or an incubator space for entrepreneurs and small businesses. The building's design allows for easy conversion to three levels, maximizing usable space and offering considerable flexibility for future development. This is a rare chance to acquire a piece of Lynchburg's history and contribute to its vibrant downtown revitalization. The asking price is $695,000. Don't miss this chance to capitalize on the abundant opportunities this property offers.