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801 W Broad St
Richmond, VA 23220

Retail Property For Sale

Investment Highlights

  • High-Visibility Location at VCU
  • Access to Mass Transit
  • Restaurant Equipment and Furniture Conveys
  • National Retail Anchors
  • Mixed-Uses
  • Full Basement with Bathroom and Utiliites

Executive Summary

Corner, Signalized Intersection on W Broad St, well positioned at national retail chains and the corner of W Broad St and Belvidere St, the "Gateway to Richmond", with VCU, Institute for Contemporary Art and the CoStar Center for Arts and Innovation, currently under construction, a 213,000-square-foot multidisciplinary complex on a 1-acre site at the intersection of Richmond’s Broad and Belvidere streets. Interstate/mass-transit access for this 9,600 SF 2-Story Mixed-Use Brick Building with full basement, in a pedestrian-oriented nexus for the Rapid Transit connecting downtown, MCV, Short Pump, with plans to connect to all of Metro Richmond. The building was renovated in 2015 with commercial space and a working commercial kitchen on the 1st level and 2 large apartments on the 2nd floor. The basement has electrical and plumbing. The building will be vacated upon sale.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,300 SF
Building Class
C
Year Built
1920
Price
$4,494,976 CAD
Price Per SF
$483 CAD
Percent Leased
31%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
12’
Building FAR
3.00
Land Acres
0.07 AC
Zoning
B-4 - B4 Mixed-UseB4 mixed-use zoning allows for a variety of uses, including but not limited to: Business premises, residential, commercial, office, etc
Frontage
30 ft on W Broad St

Amenities

  • Bus Line
  • Corner Lot
  • Restaurant
  • Signage
  • Signalized Intersection
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
W000-0361-025
Land Assessment
$493,043 CAD
Improvements Assessment
$880,734 CAD
Total Assessment
$1,373,777 CAD
  • Listing ID: 31932187

  • Date on Market: 2024-05-26

  • Last Updated:

  • Address: 801 W Broad St, Richmond, VA 23220

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