Share This Listing

Message

956 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Executive Summary

Great investment opportunity on an established retail corridor in midtown Lynchburg, Stable occupancy with successful tenants. Short term leases give opportunity for upside income potential. Please call or email to discuss.

Attachments

3102 Memorial Ave Westover shopping center revised

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,980 SF
Building Class
B
Year Built/Renovated
1925/2010
Price
$1,035,900 CAD
Price Per SF
$94.34 CAD
Cap Rate
8.33%
NOI
$86,282 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.44
Lot Size
0.57 AC
Zoning
B3 - Zoned B-3 Business which allows for a number of retail and office uses
Parking
30 Spaces (2.73 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • All Christ Nation
  • Services
  • 3,100 SF
  • -
  • -
  • Dragon Fire Games
  • Retailer
  • 2,500 SF
  • -
  • -
  • Lucky Penny Tattoos
  • Services
  • 1,400 SF
  • -
  • -
  • Monile Construction
  • Construction
  • 1,400 SF
  • -
  • -
  • Nails #2
  • Services
  • 1,300 SF
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
All Christ Nation Services 3,100 SF - -
Dragon Fire Games Retailer 2,500 SF - -
Lucky Penny Tattoos Services 1,400 SF - -
Monile Construction Construction 1,400 SF - -
Nails #2 Services 1,300 SF - -
Fairly walkable
50/100
Moderately drivable
60/100
Some public transit
40/100
Fairly bikeable
40/100

Nearby Major Retailers

Food Lion
Rent-A-Center
Buddy's Home Furnishings
Outback Steakhouse

Property Taxes

Property Taxes

Parcel Number
030-06-009
Land Assessment
$53,729 CAD
Improvements Assessment
$157,871 CAD
Total Assessment
$211,600 CAD
  • Listing ID: 39907800

  • Date on Market: 2026-03-25

  • Last Updated:

  • Address: 3102-3114 Memorial Ave, Lynchburg, VA 24501

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}