231 Richmond Hwy
- 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
Property 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.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $445,000 |
| No. of Units: | 2 |
| Year Built: | 1920 |
| Lot Size: | 0.16 Acres |
| Opportunity Zone: | No |
| Price per unit: | $222,500 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout