109 E Broad St | Richmond, VA 23219
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- LoopNet Team
109 E Broad St
Richmond, VA 23219
HOT PROPERTY! HOT AREA! DOWNTOWN MIXED USE · Retail Property For Sale
Investment Highlights
- 10,010 ± Square Foot, Three Story Mixed-Use Building - First Floor Commercial Space, Second & Third Floor Residential/Office Space
- 22’ of Frontage Along E. Broad St. - 0.066 ± AC Lot -Zoned B-4 – CVR MLS Area 10 - Built in 1915 - Full Basement - Wood Floors - Assessed @ $496,000
- Easy Access to I-95, I-64, & Downtown Expressway - Nearby Downtown Business District, Richmond Convention Center, Richmond Coliseum, MCV & More!
- Value-Add Redevelopment Opportunity in Downtown Richmond - Federal & State Tax Credits Potentially Available - Within Richmond Enterprise Zone
- $17/SF - $20/SF Potential Income for First Floor Commercial Space After Renovation - $1,000 - $1,500 in Potential Apartment Income After Renovation
- Immediate Proximity to Downtown RVA’s Restaurants, Shopping & Hotels - Quirk Hotel Richmond, The Jefferson, Graduate Richmond, Wong Gonzalez & More!
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
10,010 SF
Building Class
C
Year Built
1915
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
11’
Building FAR
3.48
Land Acres
0.07 AC
Zoning
B-4 - Mixed Use
Frontage
22 FT on E Broad St
Amenities
- Bus Line
- Signage
- Tenant Controlled HVAC
- Storage Space
PROPERTY TAXES
| Parcel Number | W000-0064-005 | Improvements Assessment | $1,260,000 |
| Land Assessment | $232,000 | Total Assessment | $1,492,000 |
PROPERTY TAXES
Parcel Number
W000-0064-005
Land Assessment
$232,000
Improvements Assessment
$1,260,000
Total Assessment
$1,492,000
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