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$ 1,010,000
Est. payment /mo
New
318 W Broad ST Richmond, VA 23220
6,816 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,816 sqft
Price per Sqft $148
MLS Listing ID 2516165
Construction Status Actual
HOA Y/N No
Year Built 1910
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 24.05 x 142.80
Property Description
This exceptional turnkey investment property is fully leased with one commercial ground floor tenant and two apartments above having gross income of $77,936 in 2024. Well located in the heart of the Arts District and fully renovated, this solid income producing investment has 3,408 sf of commercial space with lease term running through 4/30/25 along with 1,300 sf one bedroom and 575 sf studio apartments. Each with their own washer and dryer, the apartments are well appointed with granite countertops and hardwood floors. Capital expense upgrades include both a new HVAC unit and sewer line replacement in 2023.
Please allow 24 hour showing notice due to tenants in place.
Please allow 24 hour showing notice due to tenants in place.
Location
State VA
County Richmond City
Area 10 - Richmond
Direction 3 blocks east of Bevidere on the north side of W Broad St
Interior
Heating Zoned
Exterior
Roof Type Flat,Rubber
Topography Level
Building
Lot Description Level
Building Description Brick, Multi-Tenant,No Elevators
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick
Construction Status Actual
Others
Tax ID N000-0180-027
Ownership Investment,Owner-User
Listed by Joyner Fine Properties