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113 N Foushee St 2,236 SF 100% Leased Office Building Richmond, VA 23220 $699,000 ($312.61/SF)
EXECUTIVE SUMMARY
Excellent Redevelopment opportunity. Prime location in the literal center of Richmond. Property is currently leased until Mid 2026. Please do not disturb tenants. Across the street from the YMCA. 50 yards from the VPM building currently under construction. Parking lot directly across the street will soon be an 11 story apartment building. Endless opportunities in one of the nicest parts of Richmond. New Metal roof in 2024. Currently being used as an office for a large construction company. Some great redevelopment options: Split the building into a duplex, the upstairs lends itself to being a 2 bed apt. Downstairs could also be a 2 bed apt or a perfect coffee shop. Basement is 794 sq ft. Has the original brick floors. Currently unused and houses the utilities. Also a great location for a new build. Especially if combined with neighboring lots. Building is in good working order. Original French doors open to a wonderful rear garden with tall brick fence making for an oasis in the heart of the city.
Some history on the property:
https://richmondmagazine.com/home/the-great-lady-and-the-little-house-09-26-2013/
Some history on the property:
https://richmondmagazine.com/home/the-great-lady-and-the-little-house-09-26-2013/
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
2,236 SF
Building Class
C
Year Built
1840
Price
$699,000
Price Per SF
$312.61
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
1,118 SF
Slab To Slab
10’
Building FAR
1.28
Lot Size
0.04 AC
Zoning
B-4 - MX Unlimited
AMENITIES
- Bus Line
1 1
Walk Score®
Walker's Paradise (98)
Bike Score®
Very Bikeable (84)
PROPERTY TAXES
| Parcel Number | W000-0083-026 | Improvements Assessment | $155,000 |
| Land Assessment | $134,000 | Total Assessment | $289,000 |
PROPERTY TAXES
Parcel Number
W000-0083-026
Land Assessment
$134,000
Improvements Assessment
$155,000
Total Assessment
$289,000
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Presented by
Castle and Company LLC
113 N Foushee St
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