400 W Broad St | Richmond, VA 23220
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- LoopNet Team
400 W Broad St
Richmond, VA 23220
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Leased investment
- Opportunity for NOI growth through renovation and lease up of under utilized apartments.
- Strong regional growth in terms of population and rents.
- Great location near new CoStar innovation center academic campus of VCU on corner of W Broad St and Belividere.
- Ground floor tenant is stable with two years of term remaining on lease.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,580 SF
Building Class
C
Year Built
1910
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.97
Lot Size
0.10 AC
Zoning
B-4 - B-4 Central Business
Parking
5 Spaces (1.82 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | N000-0206-014 | Improvements Assessment | $850,000 |
| Land Assessment | $275,000 | Total Assessment | $1,125,000 |
PROPERTY TAXES
Parcel Number
N000-0206-014
Land Assessment
$275,000
Improvements Assessment
$850,000
Total Assessment
$1,125,000
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