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INVESTMENT HIGHLIGHTS
- Dual-income asset with 2 storefronts + 2 lofts.
- Private entrances and separate electric meters.
- Walkable to VCU, MCV, Capitol, and entertainment.
- Over $350k in renovations with upscale finishes.
- Located in Richmond’s Historic Banking District.
- Ideal for investors or owner-occupants.
EXECUTIVE SUMMARY
A rare opportunity to own a fully renovated mixed-use gem in the heart of Richmond’s Historic Banking District. This turnkey property offers unmatched flexibility and income potential with two high-visibility commercial storefronts and two spacious residential loft-style apartments above. Ideal for investors or owner-occupants seeking to live and work in one of Richmond’s most vibrant corridors, the building has undergone over $350,000 in renovations, blending historic charm with modern industrial finishes.
Each retail unit features private front and rear entrances, open layouts, and excellent foot traffic visibility—perfect for boutique retail, gallery, or service-based businesses. Upstairs, two luxury apartments offer three bedrooms and two bathrooms each, with open-concept kitchens, hardwood and ceramic tile flooring, stainless steel appliances, in-unit laundry, and private balconies with city views. These units are ideal for professionals, students, or short-term rental operators looking to capitalize on Richmond’s year-round event calendar.
Located steps from VCU, MCV, the State Capitol, Main Street Station, Browns Island, and the new Allianz Amphitheater, this property is surrounded by top employers, cultural landmarks, and premier dining. With four off-street parking spaces, separate electric meters, and private entrances for each unit, this asset delivers strong upside in a rapidly growing downtown market.
Each retail unit features private front and rear entrances, open layouts, and excellent foot traffic visibility—perfect for boutique retail, gallery, or service-based businesses. Upstairs, two luxury apartments offer three bedrooms and two bathrooms each, with open-concept kitchens, hardwood and ceramic tile flooring, stainless steel appliances, in-unit laundry, and private balconies with city views. These units are ideal for professionals, students, or short-term rental operators looking to capitalize on Richmond’s year-round event calendar.
Located steps from VCU, MCV, the State Capitol, Main Street Station, Browns Island, and the new Allianz Amphitheater, this property is surrounded by top employers, cultural landmarks, and premier dining. With four off-street parking spaces, separate electric meters, and private entrances for each unit, this asset delivers strong upside in a rapidly growing downtown market.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,504 SF
Building Class
C
Year Built
1920
Price
$2,100,000
Price Per SF
$322.88
Tenancy
Single
Building Height
2 Stories
Building FAR
1.24
Lot Size
0.12 AC
Zoning
B-4 - Downtown scale development
Frontage
45’ on E Main St
AMENITIES
- Bus Line
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (81)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | W000-0047-016 | Improvements Assessment | $698,000 |
| Land Assessment | $301,000 | Total Assessment | $999,000 |
PROPERTY TAXES
Parcel Number
W000-0047-016
Land Assessment
$301,000
Improvements Assessment
$698,000
Total Assessment
$999,000
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214-216 E Main St
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