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2227 W Main St
Richmond, VA 23220
Retail Property For Sale
Investment Highlights
- Renovated in 2022 while maintaining the character of the original 1920 structure.
- Located near Virginia Commonwealth University, Carytown, and the Virginia Museum of Fine Arts.
- Storefront visibility benefits from pedestrian and neighborhood activity throughout the surrounding district.
- Positioned along West Main Street within Richmond's Fan District retail corridor.
- Urban Business (UB) zoning supports a variety of commercial uses.
- Two off-street parking spaces are located at the rear of the property.
Executive Summary
Introducing an income-producing investment sale opportunity at 2227 W Main St. This beautifully renovated 1,221 SF building, modernized in 2022, is the perfect fit for retail investors seeking something fresh and new. The property offers an ideal location, with high foot traffic and visibility in Downtown Richmond. With a rich local history and contemporary updates, this property presents an outstanding prospect for retail investors seeking a sought-after location in the heart of Richmond.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
1,221 SF
Building Class
C
Year Built/Renovated
1920/2022
Price
$625,000
Price Per SF
$511.88
Tenancy
Single
Building Height
1 Story
Building FAR
0.56
Lot Size
0.05 AC
Zoning
UB
Parking
2 Spaces (1.64 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | W000-0994-002 | Improvements Assessment | $171,000 |
| Land Assessment | $255,000 | Total Assessment | $426,000 |
Property Taxes
Parcel Number
W000-0994-002
Land Assessment
$255,000
Improvements Assessment
$171,000
Total Assessment
$426,000
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