$4,572 Closing Credit¹
#917422, Listing Office: MAGNOLIA MOUNTAIN REALTY - MAIN
$385,000 List price
2770 W Lynchburg Salem Tpke Bedford, VA 24523
$4,572
Closing credit¹
3 beds
1 full, 1 partial
4,080 sqft
1.0 acres
$94 / sqft
House
Property details
About 2770 W Lynchburg Salem Tpke
Currently used as a thriving retail business, this charming property offers endless potential and versatility. It has been thoughtfully converted into a functional storefront, ideal for boutique retail, vendors, or artisan markets. The main level features an open-concept layout with high visibility and excellent foot traffic, perfect for a single business or multiple sellers. Upstairs, a comfortable private living space includes bedrooms, a full kitchen, and living areaideal for owner-occupancy or rental income. Zoned for mixed-use, this property could be transformed into a beautiful home with a business just downstairs. Dont miss this one-of-a-kind opportunity to own a unique property that seamlessly blends commercial and residential possibilities. Whether youre an entrepreneur ready to live where you work or an investor looking for a flexible, income-producing asset, this property checks all the boxes!
Highlights
Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingHeat Pump
Size4,080 sqft
BasementYes
Lot size1.03 Acres
Year built1950
MLS #359296
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Dishwasher
- Basement: Yes
- Flooring Type: Hardwood, Vinyl
- Interior: Other, Basement
- Total Bedroom Count: 3
- Exterior: Off-Street Parking, Front Porch, Paved Drive, Garden Space
- Architectural Style: Ranch
- Heating: Heat Pump
- Cooling: Heat Pump
- List Price: $385,000
- Price/SqFt: $94
- HOA Amount: $0
- Annual Tax Amount: $939
- Tax Year: 2024
- Directions: Property sits on 460 just outside of the Town of Bedford. Heading towards Roanoke.
- Year Built: 1950
- Stories: 1
- Living Area: 4,080 SqFt
- Lot Size: 1.03 Acres
- MLS Number: 359296
- MLS Name: Lynchburg
- Office Name: Magnolia Mountain Realty
- Office Phone: (540) 586-0920
- Office Email: admin@MMR.Homes
- Listing Agent: Hope Metzger
Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2025, 5:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$385,000
2770 W Lynchburg Salem Tpke
$4,572
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 19, 2022 | Home Sold | $190,000 |
| Oct 07, 2005 | Home Sold | $210,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $229,100 | $939 |
| 2023 | $114,550 | $939 |
| 2022 | $114,900 | $1,149 |
| 2021 | $229,800 | $1,149 |
| 2020 | $229,800 | $1,149 |
| 2019 | $229,800 | $1,149 |
History based on county public records data.
Nearby schools
3
Bedford Elementary School
Public District 2-5
3.1 mi
•806 Tiger Trl
5
Montvale Elementary School
Public District PK-5
7.0 mi
•1 Little Patriot Dr
7
Otter River Elementary School
Public District PK-5
8.4 mi
•1044 Otter River Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,571. The majority of Bedford, VA residents have income between $35k-100k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
23%
<35k
61%
35k-100k
14%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
34%
Single, No Kids
9%
Single, with Kids
37%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
8%
12-17 yrs old
17%
18-34 yrs old
43%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Pro Wrestling
Where do the neighbors shop?
Academy Sports & Outdoors
Bass Pro Shops
Wal-Mart
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Applebees
What do the neighbors drive?
Chevrolet
GMC
Ram
What do the neighbors listen to?
New Country
Classic Country
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2770 W Lynchburg Salem Tpke
The listing price of 2770 W Lynchburg Salem Tpke property is $385,000.
The property 2770 W Lynchburg Salem Tpke is a house located in Bedford, Virginia, 24523.
Active Listing: 2770 W Lynchburg Salem Tpke is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2770 W Lynchburg Salem Tpke are: Bedford Elementary School (GreatSchools Rating 3/10), Montvale Elementary School (GreatSchools Rating 5/10), Otter River Elementary School (GreatSchools Rating 7/10), Liberty Middle School (GreatSchools Rating 4/10), Staunton River Middle School (GreatSchools Rating 4/10), Forest Middle School (GreatSchools Rating 7/10), Liberty High School (GreatSchools Rating 3/10), Staunton River High School (GreatSchools Rating 4/10), Jefferson Forest High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $939 (source: MLS/based on county public records data).
The last sale was on December 19, 2022 for $190,000 (source: MLS/tax record).
The property at 2770 W Lynchburg Salem Tpke has 3 bedrooms and 1 full and 1 half bathrooms.
The property 2770 W Lynchburg Salem Tpke is 4,080 SqFt (source: MLS/tax record).
The year of construction for 2770 W Lynchburg Salem Tpke is 1950.
This home is located at 2770 W Lynchburg Salem Tpke in Bedford, VA and zip code 24523. This 4,080 square foot home, which was built in 1950, sits on a 1.03 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 19, 2025 and is currently priced at $385,000.
While more than 4 listings in Bedford, VA in April 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 14 were sold below. The number of homes for sale in Bedford, VA increased by 40% between March and April 2025. Listings spent 64 days on the market in April 2025, and had a median list price of $305,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.