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115 Oakley Ave 4,000 SF 100% Leased Flex Building Lynchburg, VA 24501 $677,514 CAD ($169.38 CAD/SF)

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Investment Highlights

  • Corner location with exceptional visibility and signage potential
  • Surrounded by national retailers and dense residential neighborhoods
  • Easy access to U.S. Route 501 and Route 29 for regional connectivity
  • Zoned B-5 General Business allowing broad commercial uses
  • Over 21 dedicated on-site parking spaces for customer convenience
  • Strong potential for owner-user or investor repositioning

Executive Summary

Positioned at a highly visible corner in Lynchburg’s mixed-use urban fabric, 115 Oakley Avenue presents a compelling opportunity for owner-users or investors seeking a versatile industrial/retail asset. This 4,000-square-foot building is ideally situated within a vibrant commercial and residential neighborhood, offering seamless access to both local clientele and regional traffic.
The property’s B-5 General Business zoning supports a wide range of uses, from service-oriented retail to light industrial operations. Its strategic location near major thoroughfares such as U.S. Route 501 and U.S. Route 29 ensures strong connectivity across Lynchburg and surrounding areas. The site benefits from over 21 on-site parking spaces, a rare amenity in urban settings, enhancing convenience for customers and employees alike.
Nearby anchors include national retailers like Walmart, CVS, Dollar General, and Subway, contributing to consistent foot traffic and visibility. The building’s corner placement amplifies signage potential and brand exposure, while the surrounding residential density supports a steady customer base. Whether repurposed for a coin laundry, showroom, or warehouse use, the property’s flexible layout and prominent location make it a standout investment.

Attachments

Marketing Sale

Property Facts

Price $677,514 CAD
Price Per SF $169.38 CAD
Sale Type Investment or Owner User
Property Type Flex
Property Subtype Showroom
Building Class C
Lot Size 0.43 AC
Rentable Building Area 4,000 SF
No. Stories 1
Year Built 1957
Zoning B5

Property Taxes

Property Taxes

Parcel Number
013-01-010
Land Assessment
$203,973 CAD
Improvements Assessment
$134,446 CAD
Total Assessment
$338,418 CAD
  • Listing ID: 37961606

  • Date on Market: 2025-10-06

  • Last Updated:

  • Address: 115 Oakley Ave, Lynchburg, VA 24501

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