Link Representative For Property
Affiliated Company
Joyner Commercial | Berkshire Hathaway Home Services
Asset Focus
Retail
Office
Multifamily
Address
1731 East Main Street Richmond Virginia 23223
Building/Land Information
Property Type
Retail
Property Subtype
Street Retail
Zoning
OPPORTUNITY ZONE
Lot Size Acres
19000.00
Sale Price Dollars
$3,800,000.00
Location Description
OPPORTUNITY ZONE LOCATION-LOCATION!! 19,000sf Shockoe Bottom Portfolio includes 6 Mixed-Use Brownstone Properties 95% occupied facing E. Main St apr. 600 feet from Richmond' s state of the art Main Street Station and Farmer's Market, zoned B5 on .41 acres and current cap rate of 5.8% with opportunity to increase! There is enormous upside including value-add in 6 Retail and 11 Residential units and opportunities for additional square footage in rear and rooftop patio(s) utilizing historic tax credits and seller-financing.
— CVRMLS #: 1807362
— CVRMLS #: 1807362