1600 Brook Rd | Richmond, VA 23220
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1600 Brook Rd
Richmond, VA 23220
Retail Property For Sale
Investment Highlights
- With a solid rental history and a low vacancy rate, it is a solid investment property as-is.
- The restaurant tenant's lease is up in a couple of months, so if you want to owner-occupy, you can do so -- and have rental income to supplement.
- Historically has maintained a low vacancy rate.
- The leases are have short terms, so if you want to redevelop it you can do so without having to wait 10 years.
- Surrounded by historic neighborhoods and brand new apartment complexes.
- New development and redevelopment nearby.
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,260 SF
Building Class
C
Year Built
1900
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.21
Lot Size
0.57 AC
Zoning
M-1 - Heavy industrial uses such as manufacturing.
Parking
25 Spaces (4.75 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | N000-0475-031 | Improvements Assessment | $492,000 |
| Land Assessment | $226,000 | Total Assessment | $718,000 |
Property Taxes
Parcel Number
N000-0475-031
Land Assessment
$226,000
Improvements Assessment
$492,000
Total Assessment
$718,000
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