1611 W Broad Street Richmond, VA $ 999,950
1611 W Broad Street
$ 999,950
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1611 W Broad Street

Richmond, VA, 23220
$ 999,950
Baths0.0 Sq 5,823

Monthly Estimate*

$ 6,646

1611 W Broad Street, Richmond, VA 23220 - Image 1
1611 W Broad Street, Richmond, VA 23220 - Image 2
1611 W Broad Street, Richmond, VA 23220 - Image 3
1611 W Broad Street, Richmond, VA 23220 - Image 4
1611 W Broad Street, Richmond, VA 23220 - Image 5
Studio

Commercial Property for sale in Richmond, VA

for $999,950. This 5,823 square foot building was built in 1930 on a lot size of 0.1543.

The Cabell Childress Group and Long and Foster are pleased to offer 1611 W Broad St, a unique commercial property, for sale. This exceptional commercial property offers an unparalleled opportunity to establish your business in the vibrant heart of Richmond's bustling Broad Street Corridor. Boasting a coveted location mere steps away from Virginia Commonwealth University (VCU) and the Pulse rapid transit line, this property is perfectly positioned to capitalize on the area's dynamic growth and redevelopment. Situated just moments away from VCU's campus, this property benefits from a constant flow of foot traffic, providing an ideal customer base for retail, dining, and service-oriented businesses. The nearby Pulse rapid transit line on Broad Street ensures easy accessibility for customers and employees alike, enhancing the property's visibility and connectivity within the city. With ongoing revitalization efforts transforming the Broad Street Corridor into a premier destination for commerce and entertainment, this property offers a unique opportunity to be part of a rapidly evolving urban landscape. The spacious interior, with over 5800 square feet, offers endless possibilities for retail, office, or restaurant use, with ample square footage to accommodate your business needs. Currently set up as a retail space in the front with a large warehouse in the back, this property offers limitless flexibility for its next user. Boasting prominent frontage along bustling West Broad Street, this property offers excellent exposure to both vehicular and pedestrian traffic, maximizing visibility and brand awareness. Join a diverse array of businesses, restaurants, and cultural institutions in one of Richmond's most dynamic and rapidly growing neighborhoods. With the Broad Street Corridor poised for continued growth and development, investing in this prime commercial property presents a lucrative opportunity for future appreciation and success.

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Commercial Active

Price

$ 999,950

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial Sale

Lot Size

0.1543

Year Built

1930

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2408295

Features
General
Sewer PublicSewer
Heating Baseboard NaturalGas
Possession CloseOfEscrow
Construction Materials Brick MetalSiding VinylSiding
Year Built 1930
Stories 1
Levels One
Percent Ownership Investment Owner-User
County Richmond City
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Possible Use Commercial Retail Warehouse
Garage Y/N N
Building Features SingleTenant
Status Active
View Y/N N
Senior Community Y/N N
Zoning Description 36
MLS Area 10 - Richmond
Waterfront Y/N N
Carport Y/N N
Street Name Broad
Property Attached Y/N N
Year Built Details Actual
Land Lease Y/N N
Home Warranty Y/N N
Property Condition AverageCondition
Lease Renewal Y/N N
Additional Parcels Y/N N
Leasable Area 5823.0
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 22
Standard Status Active
Tax Assessed Value 877000
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Exterior
Water Source Public
Total Parking 5.0
Lot Size Area 0.1543
Spa N
Building Area Total 5823.0
Lot Dimensions 120x56
Lot Size Acres 0.1543
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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* Excluded Features
List By
Joseph Lawson

Listing Agent

Long & Foster Realtors

Broker

joseph@cabellchildress.com

Email

Affordability Calculator

$6,646
Per Month
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0%
0%
Monthly Principal & Interest
$6,646
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Default based on a 30-year fixed rate of 6.99% 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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THE TIME TO SELL IS NOW!
Nearby
1821039 Elementary School
1821205 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2024$999,950 Listed Price

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1611 W Broad Street, Richmond, VA, 23220 is a Commercial Property for sale at $999,950 with 5,823 sqft and a lot size of 0.1543. 1611 W Broad Street is a studio with 0.0 baths and was built in 1930. The property's zip code is 23220 which is in Richmond, VA