19 & 21 N 18th Street Richmond, VA $ 699,000
19 & 21 N 18th Street
$ 699,000
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19 & 21 N 18th Street

Richmond, VA, 23223
$ 699,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 4,361

19 & 21 N 18th Street, Richmond, VA 23223 - Image 1
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Commercial Property for sale in Richmond, VA

for $699,000. This building was built in 1910 on a lot size of 0.079 Acre(s).

This corner retail, mixed-use opportunity offers a rare and unique investment for any Richmond restaurant operator seeking to own and operate in the historic Shockoe Bottom neighborhood. Just a block from the city'''s recently renovated 17th St Farmers Market, 19 and 21 N 18th St are situated prominently on the southeast corner of E. Franklin and N 18th St, offering impressive visibility, accessibility, and stature in one of the city'''s oldest neighborhoods. The property consists of two parcels: 21 N 18th St, a 6-car surface lot, and 19 N 18th St, a 2, 800 SF 2-story, mixed- use building. 19 N 18th St is comprised of a well-established, ground-floor retail restaurant space and an updated, spacious 2-bedroom apartment on the second floor. The restaurant space features a cozy dine-in space, large bar, and full kitchen. The second-floor, 2-bedroom apartment possesses an open living/dining concept, second-floor balcony, painted brick walls, washer/dryer in unit, private entry on N 18th St, and central air. The unit is currently under market rent for the neighborhood and provides some excellent upside for any incoming buyer to increase the property'''s cash flow and offset expenses.

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Commercial Pending

Price

$ 699,000

Property Type

Commercial

Lot Size

0.079 Acre(s)

Year Built

1910

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2230416

Features
Interior
Cooling System Central Air
Sewer Public Sewer
Water Source Public Water
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Exterior
Construction Brick
Road Frontage City Street
Roof Flat Roof
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* Excluded Features
List By
Ann Schweitzer

Listing Agent

One South Realty Group, Llc

Broker

ann.schweitzer@onesouthrealty.com

Email

Affordability Calculator

$4,361
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,361
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
8/4/2023$699,000 -6.68% Price Down
3/2/2023$749,000 -5.79% Price Down
11/10/2022$795,000 Listed Price

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19 & 21 N 18th Street, Richmond, VA, 23223 is a Commercial Property for sale at $699,000 with a lot size of 0.079 Acre(s). 19 & 21 N 18th Street has 0.0 baths and was built in 1910. The property's zip code is 23223 which is in Richmond, VA