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1018 Rivermont Avenue, Lynchburg, VA 24504

Lynchburg
Local realty services provided by:CENTURY 21 Realty @ Home
1018 Rivermont Avenue,Lynchburg, VA 24504
$695,000
  • - Beds
  • - Baths
  • 8,493 sq. ft.
  • Multi-family
  • Active
Listed by: luke j dykeman
Office: coldwell banker commercial read & company
MLS#:365716
Source:VA_LAR

Price summary

  • Price:$695,000
  • Price per sq. ft.:$81.83

About this home

Prime Multi-Family Development or Adaptive Reuse Opportunity! Situated at 1018 Rivermont Ave., consisting of approx. 1.5 acres of land near the vibrant downtown district. The site currently features a historic 1897 Revival-style brick church being roughly 8,493 sq. ft. This structure provides an exceptional canvas for an adaptive reuse project, allowing developers to retain historic charm while meeting modern residential needs. Alternatively, a conceptual plan outlines a 1.10 acre portion to be subdivided for a new construction of 14 townhome units. Property benefits from existing R-3 and R-4 multifamily residential zoning providing path for development. This sale includes 1002 & 1006 Randolph St., & 1021 Cabell Street. Excellent visibility, convenient access to urban amenities, and a favorable demographic in the surrounding submarket.

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Home facts

  • Year built:1897
  • Listing ID #:365716
  • Added:97 day(s) ago
  • Updated:July 09, 2026 at 04:18 PM

Rooms and interior

  • Living area:8,493 sq. ft.

Structure and exterior

  • Year built:1897
  • Building area:8,493 sq. ft.
  • Lot area:1.5 Acres
  • Construction Materials:Brick

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$695,000
  • Price per sq. ft.:$81.83

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