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Anne Buteau
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(434) 260-4701
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2908 Memorial Avenue, Lynchburg, VA 24501

$425,000
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  • 2908 Memorial Avenue, Lynchburg, VA 24501 Main Photo

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New to the Market Active
MLS#365613
STATUS PROPERTY TYPECommercial - Business
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Property Description

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.

2908 Memorial Avenue | MLS# 365613

This commercial property located at 2908 Memorial Avenue, Lynchburg, VA 24501 is currently listed for sale with an asking price of $425,000. Search Lynchburg real estate on abuteau.montaguemiller.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 0.14 Acres
Taxes: $1,487
Year Built: 1932

Feature Descriptions

Lot Dimensions: 0.1377 Acre(s)
Sewer: City
Water: City

Listed By / Shown By

Listed By

Agency Name: Lauren Bell Real Estate, Inc.

Shown By

Agent Name: Anne Buteau
Agent Phone: (434) 260-4701
Agency Title: Montague Miller & Co. Realtors

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Anne Buteau
Anne Buteau Cell: (434) 260-4701 Email Anne
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 04/11/2026. The listing information on this page last changed on 04/11/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 04/11/2026 6:07:48 AM EST) or CAAR MLS (last updated Fri 04/10/2026 11:10:15 PM EST) or Staunton MLS (last updated Fri 04/10/2026 11:40:16 PM EST) or HRAR MLS (last updated Fri 04/10/2026 11:45:11 AM EST) or Lynchburg MLS (last updated Sat 04/11/2026 5:41:52 AM EST) or Rockbridge, Lexington, Buena Vista MLS (last updated Fri 04/10/2026 4:00:06 PM EST) or Bright MLS (last updated Sat 04/11/2026 12:37:39 AM EST). Real estate listings held by brokerage firms other than Montague Miller & Co. Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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