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2250 Murrell Rd 3,600 SF Office Condo Unit Offered at $482,981 CAD in Lynchburg, VA 24501
Investment Highlights
- Three office condominium suites totaling approximately 3,600 SF.
- Suite B4 is leased, providing immediate income stream.
- Brick construction with updated interiors in common and private areas.
- Suites B5 and B6 feature seven private offices, conference room, and two restrooms.
- Flexible layout allows for occupancy by one or multiple tenants.
- Located in Lakeside Plaza near major roadways and Lynchburg amenities.
Executive Summary
This office property offers a unique opportunity to acquire three connected suites within a professional office condominium development in Lynchburg, Virginia. Spanning 3,600 SF, the asset includes Suites B4, B5, and B6. Suites B5 and B6 provide a combined 2,400 SF layout featuring a large reception area, seven private offices, a conference/training room, two restrooms, and a coffee break counter. Updated neutral finishes with LVP flooring enhance the aesthetic, and the configuration allows for continued use as one space or subdivision into two smaller units for flexibility. Suite B4 is currently leased under a three-year term, generating immediate rental income for investors. The property is constructed of durable brick with a shingle roof and offers public water and sewer connections. Positioned within the Lakeside Plaza development, the location benefits from proximity to Lynchburg’s commercial corridors, with easy access to US-460 and major local routes. This purchase represents an appealing option for an owner-occupant seeking expansion potential or an investor focused on stabilized income with upside lease opportunities.
1 Unit Available
Unit B4 B5 B6
| Unit Size | 3,600 SF | Condo Use | Office |
| Price | $482,981 CAD | Sale Type | Investment or Owner User |
| Price Per SF | $134.16 CAD |
| Unit Size | 3,600 SF |
| Price | $482,981 CAD |
| Price Per SF | $134.16 CAD |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
Description
3,600 SF office property currently configured for two tenants. Suites B5 and B6 offer a combined 2,400 SF office suite featuring a large reception area, 7 private offices plus a conference or training room, 2 restrooms, large storage closet and a coffee break counter. Space was originally built as two separate offices and could easily be subdivided again to accommodate two smaller tenants/occupants. Finishes are updated neutrals with LVP flooring
Sale Notes
Suite B4 is fully separated from Suites B5 and B6 and is leased on a three year term. Suites B5 and B6 are currently available for lease and can be leased as one unit or subdivided into two units.
Property Facts
| Total Building Size | 12,000 SF | Floors | 2 |
| Property Type | Office (Condo) | Typical Floor Size | 6,000 SF |
| Building Class | B | Year Built | 1983 |
| Zoning | B-3 - Community Business District | ||
| Total Building Size | 12,000 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 6,000 SF |
| Year Built | 1983 |
| Zoning | B-3 - Community Business District |
Presented by
2250 Murrell Rd
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