Section Image

Explore Similar Condos Within 2 Miles of Central Business District, VA

  • /26

    $224,900

    • 1 Bed
    • 1 Bath
    • 864 Sq Ft

    1500 Main St Unit 301, Lynchburg, VA 24504

    Welcome to this stunning first-floor, end unit at The Wayne, perfectly situated in the heart of downtown Lynchburg. With premier parking right outside your door, you can easily walk in with groceries and enjoy the ultimate convenience. This stylish condo offers access to fantastic amenities, including a pool, outdoor recreation area, off-street parking, high-speed internet, and more. Whether you

    Tamara Dodson Realty ONE Group Leading Edge

    1500 Main St Unit 301, Lynchburg, VA 24504

Why Live in Central Business District

Lynchburg’s Central Business District, commonly referred to as Downtown, is a vibrant area that attracts local businesses, college students, and resident artists. The neighborhood has undergone significant revitalization, with renovated roads, gardens, and tree plantings enhancing its appeal. Downtown is close to several colleges, including Liberty University, Sweet Briar College, and the University of Lynchburg, all within 12 miles. Major employers like BWXT Nuclear Operations Group and Centra Lynchburg General Hospital are also nearby. The area is known for its local eateries, such as Depot Grille, Bootleggers, The Water Dog, and 7 Rooftop Bar, which offer a variety of dining experiences. The Virginian Hotel’s William & Henry Steakhouse and Father’s Café and Bakery are also popular spots. Residents often shop for groceries at the Lynchburg Community Market and the Food Lion in Madison Heights. The neighborhood features public art and street paintings, with Art Alley showcasing works by local artists. Housing options include lofts and condos in brick colonial and midcentury modern styles, often converted from old industrial buildings. Recreational spaces include Old City Cemetery, known for its rose gardens and walking paths, and the Rotary Centennial Riverfront Skatepark. Riverfront Park is being remodeled to include a stage for entertainment. E.C. Glass High School, which offers dual enrollment courses, serves the area’s students. Downtown is relatively flat, making it walkable, and is bordered by Route 163 and Route 29, with bus stops on most streets.

Home Trends in Central Business District, VA

Housing Trends

Median Sale Price
$350,000
Median Single Family Sale Price
$264,900
Median Townhouse Sale Price
$435,000
Average Price Per Sq Ft
$311
Number of Homes for Sale
1
Last 12 months Home Sales
4
Months of Supply
3.00
Median List Price
$299,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
175%
How to Buy a Home How to Finance a Home How to Sell a Home