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Improved Property

Freestanding Retail Building - Near Downtown

408 Federal Street, Lynchburg, Virginia 24504

Sold: $650,000
$79.81 / SF
Updated Sep 30, 2026
Categories Office Retail Miscellaneous

About this property

8,144sf building constructed in 2016 as a Family Dollar. 0.807ac corner parcel at roundabout intersection of Fifth St. & Federal St. Paved parking lot with 25 parking spaces. 400A, 3-phase electrical service. Property is served by public water and sewer. Located across from Centra Health 5th Street Community Health Center, the Centra PACE facility, and Johnson Health Center, near downtown Lynchburg. Building is adaptable for a variety of uses.

Property is located within an Opportunity Zone, Enterprise Zone, and Revitalization Zone.

Property details

Property Type
Improved property
Building Type
Freestanding
Building Size
8,144 sqft
Land Size
0.81 acres
Sewer
City
Water
City
Zoning
B-4
Electric
400A - 3phase
Year Built
2016
Parking
Paved Lot - 25 spaces

Documents 1 file

408-Federal-Street-Flyer.pdf 5.0 MB

Last updated: Sep 30, 2026

Location

Address
408 Federal Street
Lynchburg, Virginia 24504
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.