409 5Th StLynchburg, VA 24504

  • Commercial real estate
  • 11,174 SF
For Lease
$12/SF/YR View listing

Property Details for 409 5Th St

Year built
1936
Lot size
0.38 AC
Property size (Sq ft)
11,174 SF
Zone code
B6
Property type
Commercial real estate
APN
024 13 009
APU
2413009

Description

This exceptional commercial property at 409 5th St, Lynchburg, VA 24504, offers a variety of newly renovated office spaces, perfect for businesses seeking a vibrant downtown location. The two-story building, totaling 4,375 square feet, features flexible layouts with a minimum divisible space of 1,395 square feet and a maximum contiguous space of 4,000 square feet. Currently, 7,500 square feet is available for lease. Recent renovations (2024) include stunning new hardwood floors, updated lighting, modern storefront windows, a completely renovated foyer and staircases, and updated bathrooms. The building's versatile design accommodates various business types, including traditional, executive, and creative office spaces, as well as event venues and breweries (per zoning). The property is conveniently located across Court Street from Gish Flats, offering excellent access and ample parking. Thirteen on-site parking spaces are available, supplemented by underutilized public parking nearby, accessible from both 5th and Court Streets. The building is zoned B-4. This unique opportunity allows businesses to establish themselves in a thriving downtown Lynchburg environment.

Location Insight

City
Lynchburg
County
Lynchburg City
State
Virginia
Latitude
37.4171
Longitude
-79.1477
CBSA code
31340
CBSA name
LYNCHBURG, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$12,170
$132,800
$1,234,600
$1,367,400
-
$132,800
$1,234,600
$1,367,400

FAQs

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