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2850 Hull St 4,200 SF 80% Leased Retail Building Richmond, VA 23224 $760,000 ($180.95/SF) 8% Cap Rate


Executive Summary
3 of 4 units rehabbed and rented
Fully renovated new TPO roof, new electrical, hvac, plumbing, sheetrock and floors.
Fully renovated new TPO roof, new electrical, hvac, plumbing, sheetrock and floors.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,200 SF
Building Class
C
Year Built
1970
Price
$760,000
Price Per SF
$180.95
Cap Rate
8%
NOI
$60,800
Percent Leased
80%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.80
Lot Size
0.12 AC
Zoning
B-3
Parking
7 Spaces (1.67 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
- Balcony
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Office/retail space for lease
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,200 SF | Office/Retail | - | Now |
1st Floor
| Size |
| 1,200 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 1,200 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Office/retail space for lease
Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | S000-1222-008 | Improvements Assessment | $191,000 |
| Land Assessment | $66,000 | Total Assessment | $257,000 |
Property Taxes
Parcel Number
S000-1222-008
Land Assessment
$66,000
Improvements Assessment
$191,000
Total Assessment
$257,000
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Contact the Sale Advisor
2850 Hull St
