2500 E Marshall St
13,695 SF Office Building Richmond, VA 23223 For Sale
INVESTMENT HIGHLIGHTS
- The building is currently vacant (with 100 years of history as a prominent part of the community).
- ?Existing bathrooms on all three floors.
- ?Easy Access to the Downtown Expressway, I-64, and I-95.
- Current zoning for residential or office uses and is parking exempt.
EXECUTIVE SUMMARY
Range Commercial Partners is pleased to present for sale 2500 E Marshall Street, Richmond, VA. Built in 1917, the property served as one of the oldest funeral homes in Richmond, Billups Funeral Home, for over 100 years and still bares the original, historic signage. Its location in the newly revitalized historic Church Hill neighborhood makes it the ideal site for multiple adaptive reuses including multifamily, student housing, office, or mixed use. The property consists of 13,695 SF of existing improvements on 0.29 acres and includes a surface lot, a garage, and a sub-basement.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Building Size
13,695 SF
Building Class
C
Year Built
1917
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
5,465 SF
Building FAR
1.08
Lot Size
0.29 AC
Zoning
R-02 - Zoned R02-PEZ.
Parking
25 Spaces (1.87 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
1 of 1
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | E000-0384-023 | Improvements Assessment | $638,175 CAD |
| Land Assessment | $530,375 CAD | Total Assessment | $1,168,549 CAD |
