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2229 W Main St
Richmond, VA 23220
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,225 SF
Building Class
C
Year Built
1920
Tenancy
Single
Building Height
2 Stories
Building FAR
1.39
Lot Size
0.07 AC
Zoning
UB - In Richmond, Virginia, the UB (Urban Business) zoning district, specifically the UB-2 subtype, is designed to accommodate a mix of business and residential uses, with an emphasis on integrating businesses into the urban environment.
Parking
32 Spaces (7.57 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Restaurant
About 2229 W MAIN ST , RICHMOND, VA 23220
Richmond’s Historic Fan District is one of Virginia's largest, least altered, and architecturally cohesive districts and one of its most well-located buildings is for sale. 2229 West Main Street, Pearl Raw Bar, sits at the prominent corner of West Main and Strawberry Streets in the heart of The Fan. The eatery is owned by one of the region’s most successful and established restaurateurs. With a stable, long-term lease in place and its own private parking lot included in the sale, this investment property yields an attractive CAP rate and provides solid investment performance. Current lease term has 8 years remaining.
Property Taxes
| Parcel Number | W000-0994-001 | Improvements Assessment | $1,087,000 |
| Land Assessment | $319,000 | Total Assessment | $1,406,000 |
Property Taxes
Parcel Number
W000-0994-001
Land Assessment
$319,000
Improvements Assessment
$1,087,000
Total Assessment
$1,406,000
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