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21382511
21382509

231 Richmond Hwy, Richmond, VA 23224

Taylor Long Properties Commercial Real Estate
RM
VA 0225192463
Taylor Long Properties
Listed by Taylor Long Properties Commercial Real Estate, Taylor Long Properties
$445,000
492 days on market
Updated 26 days ago

231 Richmond Hwy

Details
Property Type Retail, Multifamily
Sub Type Apartment Building, Investment Property (+1)
Square Footage 4,450
Year Built 1920
Acreage 0.165
Zoning B-3 - Retail Use or Re-Development

Retail | 4,450 SqFt

Marketing description

Introducing a rare investment opportunity in the heart of Richmond, VA. This 4,450 SF property, constructed in 1920, offers a versatile B-3 zoning, making it ideal for retail use or potential redevelopment. With on-site parking, this income-producing property features a 3,200 SF leased house and a 1,250 SF garage with an apartment. The prime location ensures high visibility, with 20,000 vehicles passing by daily on Richmond Hwy. Whether you're an experienced investor or looking to expand your multifamily/single family rental portfolio, this property presents a compelling proposition for long-term growth and returns.

Nestled in the vibrant city of Richmond, VA - 231 Richmond Hwy offers proximity to an array of attractions and amenities. The surrounding area boasts eclectic dining, entertainment, and cultural hotspots, providing tenants with a diverse and lively community to call home. Just a short distance from the property, residents can explore local parks, schools, dine at nearby restaurants. With its convenient access to transportation hubs, this prime location provides an enriching and dynamic environment for residents to enjoy.

Investment highlights

  • Zoned B-3 - Retail Use or Re-Development
  • On-site parking
  • 3,200 SF Leased House + 1,250 SF Garage with Apartment
  • Income Producing
  • 20,000 VPD on Richmond Hwy

Listing Contacts

Taylor Long Properties Commercial Real Estate
RM
VA 0225192463
Taylor Long Properties
Listed by Taylor Long Properties Commercial Real Estate, Taylor Long Properties

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