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801 W Broad St
Richmond, VA 23220
Multifamily Property For Sale · 2 Units

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INVESTMENT HIGHLIGHTS

  • High-Visibility Location at VCU
  • Access to Mass Transit
  • Restaurant Equipment and Furniture Conveys
  • National Retail Anchors
  • Mixed-Uses
  • Full Basement with Bathroom and Utiliites

EXECUTIVE SUMMARY

Well-Appointed Corner Commercial Mixed-Use Opportunity at VCU, for a Restaurant User or for Investment Purposes. 2-story building with full basement and rooftop patio access, located next to Panera, Chipotle, CAVA and other national retail anchor restaurants. There are 2 large apartments and restaurant. All restaurant equipment, furniture and fixtures convey.

PROPERTY FACTS

Price Per Unit $1,250,000
Sale Type Investment or Owner User
Cap Rate 5%
No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Freestanding
  • General Retail Storefront Retail/Office
  • General Retail Storefront Retail/Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.07 AC
Building Size 9,135 SF
No. Stories 2
Year Built/Renovated 1920/2015
Cross Streets N Laurel St
Zoning B-4 - B4 mixed-use zoning allows for a variety of uses, including but not limited to: Business premises, residential, commercial, office, etc

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
W000-0361-025
Land Assessment
$422,000
Improvements Assessment
$627,000
Total Assessment
$1,049,000
  • Listing ID: 31932187

  • Date on Market: 5/26/2024

  • Last Updated:

  • Address: 801 W Broad St, Richmond, VA 23220

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