2012-2018 E Broad Street Richmond, VA $ 1,750,000
2012-2018 E Broad Street
$ 1,750,000
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2012-2018 E Broad Street

Richmond, VA, 23223
$ 1,750,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 10,918

2012-2018 E Broad Street, Richmond, VA 23223 - Image 1
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Commercial Property for sale in Richmond, VA

for $1,750,000. This building was built in 1995 on a lot size of 0.436 Acre(s).

This site offers a shovel ready for-sale development opportunity. At just under half an acre the site is fully entitled and permitted for the development of 18 housing units. The historic existing brick building is permitted for 10 apartments or condominiums and the remainder of the property has been platted for 8 parcels for the development of 8 three-story townhomes with modern aesthetic as approved by the City'''s Commission of Architectural Review. A fully approved project in such a desirable location like this does not come along very often! This ideal location is situated within walking distance to Downtown'''s Central Business District, Shockoe Bottom and the VCU Medical Center and offers a unique opportunity for an infill development on Richmond'''s prominent East Broad Street. The approved townhouses range in size from 800 to 1, 925 square feet and feature upper level living areas and garage parking. The approved multifamily plan includes the potential for one unit to be a commercial space and the loft style residential units are perfect for young professionals and medical students that flock to this part of the City.

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Commercial Pending

Price

$ 1,750,000

Property Type

Commercial

Lot Size

0.436 Acre(s)

Year Built

1995

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2221570

Features
Interior
Sewer Public Sewer
Water Source Public Water
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Exterior
Construction Brick
Road Frontage City Street
Roof Built Up
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* Excluded Features
List By
Lory Markham

Listing Agent

One South Realty Group, Llc

Broker

lory.markham@onesouthrealty.com

Email

Affordability Calculator

$10,918
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,918
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
4/20/2023$1,750,000 -2.78% Price Down
8/1/2022$1,800,000 Listed Price

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2012-2018 E Broad Street, Richmond, VA, 23223 is a Commercial Property for sale at $1,750,000 with a lot size of 0.436 Acre(s). 2012-2018 E Broad Street has 0.0 baths and was built in 1995. The property's zip code is 23223 which is in Richmond, VA