1726 E Main Street, Richmond, VA 23223

$1,550,000
7,260
SqFt
List Price
$1,550,000
Price Change
▲ $550,000 1611442941
Days on Market
1411
MLS#
CVR-1739260
Status
ACTIVE
Type
Commercial
Year Built
1914
County
Richmond City
Region
10 - Richmond

Property Description

Shockoe Bottom Corner Mixed-Use OPPORTUNITY ZONE -one of Richmond's fastest growing neighborhoods at the downtown central business district. Fully-Occupied 3 one-bedroom apartments and restaurant with 5-year lease. Newly updated kitchen, new HVAC, outdoor patio w/garage doors. Emerging as a tourist destination with Farmer's Market, skating rink, festivities, oudoor dining at Main Street Station, where a pedestrian-oriented lifestyle is possible as transit-oriented development becomes more important. Richmond Amtrak's $3.8 Billion. Shockoe Plan compares this area to Penn Station in the future, as interstate 95 access and future light rail are projected to increase demand for mixed-uses. Seller will sell this property with adjacent 4 buildings (8 apts. and 4 retail spaces) at 1725, 1727/29, 1731 E. Main St and 11 S. 18th St . $2,250,000 and 11 S. 15th St 1-story retail bldg. for $575,000 seperately or as a portfolio $2,650,000 Across from Main Street Station and Farmer's Market, zoned B5 on .41 acres and current cap rate of 6% with

Additional Information

Acres
0.65
Living Area
7,260
Roof
Composition
Cooling
Central Air, Gas
Heating
Heat Pump, Zoned

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Calculator source: Real Geeks

Listing courtesy of Joyner Fine Properties.

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