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1026 Main St 11,337 SF 100% Leased Retail Building Lynchburg, VA 24504 $1,300,000 ($114.67/SF)


EXECUTIVE SUMMARY
An exceptional opportunity to own a prominent, forward-facing commercial building in the heart of downtown. 1885 Main Street offers over 24,500 square feet across three expansive floors, positioned on a high-traffic corridor with outstanding visibility and presence. This landmark property features large street-level display windows, ideal for retail, showroom, restaurant, or mixed-use concepts, and benefits from excellent walkability to downtown shops, dining, offices, and entertainment. Upper floors offer river views, abundant natural light, and flexible floor plans suitable for office, residential conversion, hospitality, or creative use. With its commanding Main Street frontage, strong pedestrian and vehicular exposure, and scale rarely available in the downtown core, this building presents a rare redevelopment or investment opportunity. Ideal for an owner-user, investor, or developer seeking a signature property with long-term upside.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,337 SF
Building Class
C
Year Built
1885
Price
$1,300,000
Price Per SF
$114.67
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.74
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
B4
Parking
5 Spaces (0.44 Spaces per 1,000 SF Leased)
Frontage
35’ on Main St
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Scarlett's Main Street Antique Mall & Gallery
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Scarlett's Main Street Antique Mall & Gallery | Retailer | - | - | - |
Walk Score®
Very Walkable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 024-64-008 | Improvements Assessment | $451,400 |
| Land Assessment | $198,600 | Total Assessment | $650,000 |
PROPERTY TAXES
Parcel Number
024-64-008
Land Assessment
$198,600
Improvements Assessment
$451,400
Total Assessment
$650,000
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