821 Main St Lynchburg, VA 24504
Central Business District NeighborhoodEstimated payment $4,720/month
Highlights
- 0.06 Acre Lot
- Forced Air Heating and Cooling System
- 3-minute walk to Riverfront Skate Park
- Wood Flooring
About This Home
Opportunity awaits at 821 Main Street in the heart of Downtown Lynchburg! This mixed-use property combines over 2000 square feet of prominent Main Street commercial space with three very spacious 1-bedroom, 1-bath residential apartments on the upper levels. All three apartments are currently occupied by long-term tenants offering instant cash flow. The ground-floor commercial space, formally Hunny B's, is fully available for its next chapter in Main Street's rich history. Zoned B-4, the property offers a variety of potential commercial and residential uses. Located along one of Downtown Lynchburg's most recognizable corridors, with shopping, dining, entertainment, employers, and the James River nearby, 821 Main Street presents a rare opportunity to own a substantial mixed-use property in the center of the city.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,704
Year Built
- Built in 1875
Lot Details
- 2,788 Sq Ft Lot
Parking
- On-Street Parking
Interior Spaces
- 6,930 Sq Ft Home
- Wood Flooring
Schools
- Perrymont Elementary School
- Pl Dunbar Midl Middle School
- Heritage High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 02447009
Community Details
Overview
- Downtown Central Business Dist Subdivision
Building Details
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Net Lease
- Fuel Expense $1,275
- Maintenance Expense $3,300
- Water Sewer Expense $1,200
- Gross Income $32,220
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,426 | $679,000 | $76,700 | $602,300 |
| 2024 | $4,717 | $530,000 | $76,700 | $453,300 |
| 2023 | $4,717 | $530,000 | $76,700 | $453,300 |
| 2022 | $4,647 | $451,200 | $76,700 | $374,500 |
| 2021 | $5,008 | $451,200 | $76,700 | $374,500 |
| 2020 | $5,008 | $451,200 | $76,700 | $374,500 |
| 2019 | $5,008 | $451,200 | $76,700 | $374,500 |
| 2018 | $4,409 | $397,200 | $48,900 | $348,300 |
| 2017 | $4,409 | $397,200 | $48,900 | $348,300 |
| 2016 | $4,409 | $397,200 | $48,900 | $348,300 |
| 2015 | $4,409 | $397,200 | $48,900 | $348,300 |
| 2014 | $4,409 | $397,200 | $48,900 | $348,300 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/18/2026 09/18/26 | For Sale | $799,900 | -- | $115 / Sq Ft |
Source: Lynchburg Association of REALTORS®
MLS Number: 369329
APN: 024-47-009
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Ask me questions while you tour the home.