1201 N 25th St Richmond, VA 23223

$850,000
1201 N 25th St, Richmond, VA 23223
1705482

Commercial Property for sale in Richmond, VA

for $850,000. This 3,319 square foot building was built in 1924 on a lot size of 0.2000 Acre(s).

Property Information

  • $850,000
  • Commercial
  • 3,319 Square Feet
  • Active
  • Lot size of 0.2000 Acre(s)
  • Built in 1924
  • Richmond, VA
  • East Neighborhood
  • Richmond City County
  • MLS/Web ID is 1705482

Description

Up to .25 acre (10, 857sf) with 1205 N. 25th St. lot (ML#: ) and a 3, 319sf cinderblock building next to J. Sargent Reynolds Culinary Institute, Feed More Grocery Store and new retail shops. This is an excellent location for a restaurant or any retail business. Steel trusses support the roof system, large beams on the interior add to the structural integrity of this building, 2 large overhead doors can open to the outdoor (dining) and there are large windows surrounding the room. The building can accommodate rooftop patio and/or 2 additional levels in addition to 7548sf for outdoor seating and/or parking. This is a special building full of character in the new Georgetown of Richmond - USA Today rates Churchill in the top 10 up and coming neighborhoods in the country and 25th St. is the main commercial corridor. This is a rare opportunity!

Interior 2

Sewer

  • Sanitary

Water Source

  • Public Water

Exterior 4

Lot Description

  • Level/Flat

Road Frontage

  • City Street

Roof

  • Metal

Siding

  • Block Exterior
  • Brick

† Excluded Feature

Listed By

Listing Agent: Susan A Haas
Broker: JOYNER FINE PROPERTIES

1201 N 25th St, Richmond, VA, 23223 is a Commercial Property for sale at $850,000 with 3,319 sqft and a lot size of 0.2000 Acre(s). 1201 N 25th St has 0.0 baths and was built in 1924. The property's zip code is 23223 which is in Richmond, VA

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Pricing History

Date Price Price Change Description
6/5/2018 $850,000 54.56 % Price Change
2/8/2018 $549,950 -90.00 % Price Change
2/7/2018 $5,499,500 899.91 % Price Change
2/17/2017 $550,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Richmond $410,875 52 % below $279,725 67 % below
Commerical listings in Richmond $955,665 12 % above $674,950 21 % below
Sold listings in Richmond $74,695 91 % below $55,000 94 % below

Get the facts about Richmond, VA!

Population 220,341
Population Growth (since 2000) 12 %
Median Income $42,736
Median Age 33.62
Households w/ Children 21 %

Residential Dwellings

  • Owned 40986
  • Vacant 11379
  • Rented 54037

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