1018 Rivermont Ave, Lynchburg, VA 24504

Property Description

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.