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1716 Summit Ave - Hook & Ladder Lofts 1,106 SF Office Condo Unit Offered at $399,950 in Richmond, VA 23230



Executive Summary
Apartment property has been converted to For Sale condos
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1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | No. Parking Spaces | 1 |
| Sale Status | Under Contract | APN/Parcel ID | N000-1720-006 |
| Sale Type | Owner User |
| Sale Status | Under Contract |
| No. Parking Spaces | 1 |
| APN/Parcel ID | N000-1720-006 |
Description
Offered for sale is a freshly renovated 1,100 SF ground floor office condo located in the heart of Scott’s Addition, Richmond’s most vibrant and rapidly evolving neighborhood.
Unit 32 is the sole commercial ownership opportunity within Scott Addition’s newest condo conversion, Hook & Ladder Lofts. This high profile modern space is move-in ready, featuring high ceilings, concrete flooring, an expansive window line, and a newly installed kitchen—delivering the perfect mix of industrial style and contemporary functionality. With so much scaled neighborhood development and redevelopment over the last 10 years, this condo unit offers a rare entry level opportunity to own and occupy in Richmond’s hottest submarket where commercial ownership opportunities are consistently in high demand.
Ideally positioned within walking distance to many of Richmond’s top breweries, restaurants, and lifestyle amenities, this property also offers excellent proximity to I-95, I-64, and the transformative Diamond District redevelopment just blocks away. The mostly open layout is well-suited for a start-up, solopreneur, or design-focused business seeking a distinctive space with authentic character in one of the City’s most sought-after locations.
Opportunities like this don’t come around often—especially at this scale, in this location, and with this level of appeal.
Unit 32 is the sole commercial ownership opportunity within Scott Addition’s newest condo conversion, Hook & Ladder Lofts. This high profile modern space is move-in ready, featuring high ceilings, concrete flooring, an expansive window line, and a newly installed kitchen—delivering the perfect mix of industrial style and contemporary functionality. With so much scaled neighborhood development and redevelopment over the last 10 years, this condo unit offers a rare entry level opportunity to own and occupy in Richmond’s hottest submarket where commercial ownership opportunities are consistently in high demand.
Ideally positioned within walking distance to many of Richmond’s top breweries, restaurants, and lifestyle amenities, this property also offers excellent proximity to I-95, I-64, and the transformative Diamond District redevelopment just blocks away. The mostly open layout is well-suited for a start-up, solopreneur, or design-focused business seeking a distinctive space with authentic character in one of the City’s most sought-after locations.
Opportunities like this don’t come around often—especially at this scale, in this location, and with this level of appeal.
Sale Notes
-New renovated with open collaborative layout
-Includes one dedicated off street parking space
-Rare chance to secure a footprint in one of the City's most vibrant districts
-Includes one dedicated off street parking space
-Rare chance to secure a footprint in one of the City's most vibrant districts
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 32 | 1,106 SF | Office | $399,950 ($361.62/SF) | - |
Unit 32
| Unit Size |
| 1,106 SF |
| Condo Use |
| Office |
| Price |
| $399,950 ($361.62/SF) |
| NOI |
| - |
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Unit 32
| Unit Size | 1,106 SF |
| Condo Use | Office |
| Price | $399,950 ($361.62/SF) |
| NOI | - |
| Sale Type | Owner User |
| Sale Status | Under Contract |
| No. Parking Spaces | 1 |
| APN/Parcel ID | N000-1720-006 |
| Description | |
| Offered for sale is a freshly renovated 1,100 SF ground floor office condo located in the heart of Scott’s Addition, Richmond’s most vibrant and rapidly evolving neighborhood.<br> <br> Unit 32 is the sole commercial ownership opportunity within Scott Addition’s newest condo conversion, Hook & Ladder Lofts. This high profile modern space is move-in ready, featuring high ceilings, concrete flooring, an expansive window line, and a newly installed kitchen—delivering the perfect mix of industrial style and contemporary functionality. With so much scaled neighborhood development and redevelopment over the last 10 years, this condo unit offers a rare entry level opportunity to own and occupy in Richmond’s hottest submarket where commercial ownership opportunities are consistently in high demand. <br> <br> Ideally positioned within walking distance to many of Richmond’s top breweries, restaurants, and lifestyle amenities, this property also offers excellent proximity to I-95, I-64, and the transformative Diamond District redevelopment just blocks away. The mostly open layout is well-suited for a start-up, solopreneur, or design-focused business seeking a distinctive space with authentic character in one of the City’s most sought-after locations. <br> <br> Opportunities like this don’t come around often—especially at this scale, in this location, and with this level of appeal.</li></ul> | |
| Sale Notes | |
| -New renovated with open collaborative layout<br> -Includes one dedicated off street parking space<br> -Rare chance to secure a footprint in one of the City's most vibrant districts</li></ul> |
Property Facts Under Contract
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
Site Amenities
- 24 Hour Access
- Controlled Access
- Fitness Center
- Wi-Fi
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 1,031 - 1,121 |
| 2+1 | 11 | - | 1,031 - 1,430 |
| 2+2 | 7 | - | 1,344 - 1,537 |
| 3+2 | 7 | - | 1,488 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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1716 Summit Ave - Hook & Ladder Lofts
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