2025 E Main Street, Richmond, VA 23223

$3,300,000
36,000
SqFt
List Price
$3,300,000
Days on Market
7
MLS#
CVR-2231129
Status
ACTIVE
Type
Commercial
Year Built
1958
County
Richmond City
Region
10 - Richmond

Property Description

2025 E Main St offers an investor a highly desirable mix of small office tenants, many long-term, who have contributed to the property’s consistent performance over the years. This rare and unique offering is ideally suited for a multi-pronged and dynamic real estate investment strategy, providing an immediate stable cash flow with long term potential for redevelopment into a scaled multi-family or mixed-use asset. Situated at the corner of East Main Street and North 21st St, 2025 E Main St features an approximately 36,000 gross square foot mid-century building on a gently sloped site. The property’s unique site allows the property to appear as a 2 story structure on the Main St side and a 3 story structure on the south side, with direct entry from the rear parking lot. There are 42 parking spots in the lot, currently not separately monetized apart from the building’s 23 office suites. The property features over 26,000 SF of rentable office space and has seen several renovations in recent years including a new roof, lobby, and restroom renovations, a new high efficiency boiler, and a complete re-painting of the entire exterior.

Additional Information

Living Area
36,000
Roof
Flat
Cooling
Central Air
Construction
Brick

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of One South Realty Group, LLC.

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