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411 Libbie Ave 3,824 SF 100% Leased Retail Building Richmond, VA 23226 For Sale
Executive Summary
Retail/Office multi-tenant property with direct frontage on Libbie Avenue
Highly sought-after location between Patterson & Grove Avenues
Nearby retailers - Libbie Market, Peter Blair, Continental Westhampton and Taste!
Private 15-spot parking lot
100% occupied
2025 Assessment:
Land Value $1,583,000
Improvement Value $385,000
Total Value: $1,968,000
Highly sought-after location between Patterson & Grove Avenues
Nearby retailers - Libbie Market, Peter Blair, Continental Westhampton and Taste!
Private 15-spot parking lot
100% occupied
2025 Assessment:
Land Value $1,583,000
Improvement Value $385,000
Total Value: $1,968,000
Property Facts Under Contract
Sale Type
Investment
Property Type
Building Size
3,824 SF
Building Class
B
Year Built
1969
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.31
Lot Size
0.28 AC
Zoning
R-01
Parking
14 Spaces (3.66 Spaces per 1,000 SF Leased)
Frontage
81’ on Libbie Ave
Amenities
- Bus Line
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Big River Advertising, Llc
- Professional, Scientific, and Technical Services
- -
- -
- -
- -
- Chesapeake Asset Management
- Finance and Insurance
- -
- -
- Full Service
- Oct 2017
- EVR Research
- Retailer
- -
- -
- -
- -
- Libbie Books
- Retailer
- -
- -
- -
- -
- Northern Neck Realtors
- Real Estate
- -
- -
- -
- -
-
- Real Estate
- -
- -
- -
- -
- Thistles
- Retailer
- -
- -
- -
- -
- Wellford Partners
- Finance and Insurance
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Big River Advertising, Llc | Professional, Scientific, and Technical Services | - | - | - | - | |
| Chesapeake Asset Management | Finance and Insurance | - | - | Full Service | Oct 2017 | |
| EVR Research | Retailer | - | - | - | - | |
| Libbie Books | Retailer | - | - | - | - | |
| Northern Neck Realtors | Real Estate | - | - | - | - | |
|
|
Real Estate | - | - | - | - | |
| Thistles | Retailer | - | - | - | - | |
| Wellford Partners | Finance and Insurance | - | - | - | - |
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | W020-0113-005 | Improvements Assessment | $385,000 |
| Land Assessment | $1,583,000 | Total Assessment | $1,968,000 |
Property Taxes
Parcel Number
W020-0113-005
Land Assessment
$1,583,000
Improvements Assessment
$385,000
Total Assessment
$1,968,000
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411 Libbie Ave
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