24 E Broad St is located in Richmond's Arts District and was constructed in 1915. A retail store currently occupies the first level of the building while the second and third levels are vacant and ready for redevelopment with the potential to add 8 residential units to the existing commercial space.

In recent years, especially in the Downtown area, Broad Street has seen a revival as entertainment and creative uses have filled its street level spaces. 24 E Broad St’s prominent location at the corner of N 1st St places it in the heart of the Downtown Arts District and between VCU’s academic and medical campuses. Its location in the middle of Richmond’s thriving Arts District makes the property ideally suited for redevelopment in the same way that many successful projects have already been completed in this part of Downtown. Also fully eligible for State and Federal Historic Rehabilitation Tax Credits, 24 E Broad St offers extraordinary potential for an investor looking to develop a mixed-use property in this high-demand market.
Listing courtesy of One South Realty Group, LLC. Selling Office: NON MLS OFFICE.
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