Listing provided courtesy of Century 21 Realty @ HomeMLS# 2531184MLS Provider
  • 231 days on site
  • 1 views

PRIME COMMERCIAL OPPORTUNITY!!! Don't miss this rare chance to own a fully updated, move-in ready commercial property in the vibrant heart of Lynchburg, VA. 12,000 sq. ft. property with 6,000 sq. ft. designed to impress. This turn-key investment is ideal for restaurant owners and investors. All hard work has been completed for you! Step inside to find a completely renovated interior featuring granite countertops, high-end finishes, and a fully equipped commercial kitchen. Every detail has been thoughtfully designed to support seamless operations and provide an inviting atmosphere for guests. The building boasts beautiful new chandeliers ready to accommodate a high-end dining concept or a mixed-use business vision. An additional lot located directly behind the property offers potential for expansion or outdoor dining, adding significant flexibility and value for future development. Whether you're looking to open your next flagship restaurant or invest in a versatile commercial property with growth potential, this space offers endless possibilities.

Source: Central Virginia Regional, MLS#: 2531184

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  • Property Type
    Commercial Sale
  • Lot
    0.17 acres

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Tami Imrich

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  • Median Age
    29
  • Population Density
    718
  • College Educated
    29%
  • Estimated Median Income
    $39,256
  • Estimated Total Home Owners
    4,626
  • Estimated Total Renters
    5,381
  • Owner / Renter Divide
    46% / 54%
  • Estimated Average Household Size
    2
  • Total Population
    27,828
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 3014 Memorial Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/13/2026Source: Central Virginia Regional Price Reduction
$899,999 -24.4%
6/7/2026Source: Central Virginia Regional Price Reduction
$1,190,000 -0.8%
11/10/2025Source: Central Virginia Regional Added to Database
November 10, 2025

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