Commercial: MLS #2016307 Richmond, VA $ 2,225,000
Commercial: MLS #2016307
$ 2,225,000
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Commercial: MLS #2016307

Richmond, VA, 23223
$ 2,225,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 10,610

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MLS #/Web ID: 2016307 - Image 1
MLS #/Web ID: 2016307 - Image 2
MLS #/Web ID: 2016307 - Image 3
MLS #/Web ID: 2016307 - Image 4
MLS #/Web ID: 2016307 - Image 5

Commercial Property for sale in Richmond, VA

for $2,225,000. This building was built in 1845 on a lot size of 0.04 Acre(s).

This offering includes 4 buildings w/ 8 apts. and 4 retail spaces at 1725, 1727/29, 1731 E. Main St and 2 S. 18th St . $2, 250, 000 100% occupancy part-renovated units, new roofs, apr. 600 feet from Richmond' s state of the art Main Street Station, Farmer's Market and the downtown business district and zoned B5 with enormous upside including value-add and additional square footage in rear and rooftop patio(s) utilizing OPPORTUNITY ZONE CREDITS, HISTORIC TAX CREDITs, TAX ABATEMENT zoned B5 on .41 acres and current cap rate of 5.8% with enormous upside including value-add in 6 Retail and 11 Residential units and opportunities for additional square footage in rear and rooftop patio(s) OPPORTUNITY ZONE, Eligible for HISTORIC TAX CREDITs and TAX ABATEMENT Located 600 feet from the new Main Street Farmer's Market, Main Street Station and Rapid Transit

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Commercial Active

Price

$ 2,225,000

Property Type

Commercial

Lot Size

0.04 Acre(s)

Year Built

1845

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2016307

Features
Exterior
Parking 1-20 Covered Parking Spaces
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* Excluded Features
List By
Susan A Haas

Listing Agent

Joyner Fine Properties

Broker

Affordability Calculator

$10,610
Per Month
100%
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Monthly Principal & Interest
$10,610
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 3.99% 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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