(434) 847-7741
4.8 Acres
Commercial Properties on Lakeside Dr. for Investment or Development (restaurant, gas station, office and more)
Mar 18 @ 12:30PM EDT (Start)
Lynchburg, VA
( more details )

Property Location

2326-2332 Lakeside Dr
Lynchburg, VA 24501

Auction Location

105B Tradewynd Dr
Lynchburg, VA 24502


  • Great opportunity for investment or development
  • Near major intersection (US-221 / US-501) with national retailers and restaurants including The Fresh Market, Petco, Mattress Warehouse, US Cellular, Member One Credit Union, Enterprise Rent-A-Car, Chipotle, Zoes Kitchen, Jersey Mikes, Panera Bread, Smoothie King, and more
  • Total of 4.8 acres with 383' of frontage on Lakeside Dr
  • Zoned B-5
  • Public water and sewer
  • Traffic count of 16,000 Vehicles Per Day
  • Site has been cleared by the DEQ. Commonwealth Oil closed its storage facility in 2013 and successfully implemented a Corrective Action Plan and remediation to ensure the site was clear. Paperwork available.
  • Offered in 2 tracts and as a whole

Tract 1: 2326 & 2328 Lakeside Dr (2.37 Acres)

  • (2) tax parcels #23026005 and #23026006
  • 200' of frontage on Lakeside Dr
  • Improvements include:
    • 3,416 sq.ft. restaurant built in 1945 that has been leased by Country Kitchen since 1975
    • 1,289 sq.ft. office built in 1950 (leased)
    • 1,520 sq.ft. pole building (leased)
    • 1,680 sq.ft. pole building (leased)
  • Current income is $2,810/month

Tract 2: 2330 & 2332 Lakeside Dr (2.408 Acres)

  • (1) tax parcel #23026003
  • 183' of frontage on Lakeside Dr
  • Improvements include:
    • 3,062 sq.ft. gas station and car wash (self-service only; owner operated)
    • 735 sq.ft. office with lower level storage (currently vacant)

Directions To Property

From Lynchburg: take the Lynchburg Expressway / US-501N to US-221 intersection. RIGHT on Lakeside Dr. 1/4mi on left.

Preview Dates

By appointment only. Call for private showing.

For Sale
FOR SALE: 39 Acre Estate with 2 Homes, Pond, Horse Facilities
Listed at $935,000, this beautiful estate is packed with features and convenience.  Contact Mike Torrence 434-660-5159 or Marty Carnes 540-765-8113.
( more details )
  • Incredible 39 acre estate just 7 miles south of Roanoke on US-220
    • Packed with everything you want in a tract of land - fields, woodlands, pond, stream, scenic views, privacy, and convenience
    • Over 10 acres of open land divided into 5 paddocks
    • Beautiful woodland in mature pine and hardwood
    • Half acre stocked pond with dock and stone dam
    • Approx. 1,500’ of frontage on Back Creek
    • Straight shot into Roanoke up US-220
  • 3,558 sq.ft., 4BR, 3BA main home with 2-car garage
    • Newly renovated kitchen w/ large center island, beautiful custom cabinets, and plenty of conveniences
    • Formal living and dining rooms and 3 fireplaces
    • Relaxing sunroom overlooking the pond
    • Large, unfinished basement offers plenty of storage
    • In-ground pool with flagstone patio and extensive mature landscaping
  • 1,920 sq.ft., 3BR, 2BA guest home
    • Attached 1-car garage
    • Unfinished space in basement
    • Ideal for rental income, family, or guests
  • Modern equestrian facilities
    • 12-stall barn with indoor ring, 12x12 stalls, air conditioned tack room, LED lighting
    • 95’ x 206’ outdoor arena
    • 3 run-in sheds and plenty of riding trails

From Roanoke, take US-220S 7mi to RIGHT on Winter Dr. After crossing creek, property is straight ahead with home to the right.


Torrence, Read, Forehand Auctions, L.C. is not affiliated with Coldwell Banker Real Estate, LLC and is operated independently from Coldwell Banker Commercial Read & Co.

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