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18 W Broad St
Richmond, VA 23220

Multifamily Property For Sale · 5 Units

Investment Highlights

  • Downtown Arts District Location
  • Continuously Occupied Residential Units (4)
  • Broad St Storefront

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Building Class C
Lot Size 0.06 AC
Building Size 8,046 SF
Average Occupancy 100%
No. Stories 3
Year Built 1920

About 18 W Broad St , Richmond, VA 23220

IDEAL DOWNTOWN OWNER/OCCUPANT OPPORTUNITY Located on busy West Broad Street in the Downtown Arts District, this beautiful, highly visible and classic building features an 1,800 SF storefront at street level with high ceilings, open office/merchandise layout, hardwood floors, a restroom, kitchen, and storage. Perfect for a number of commercial uses including retail, restaurant, or office, 18 W Broad St is located at one of Richmond’s newest attractions. Since 2017, the Maggie Walker Memorial Plaza has welcomed residents and visitors to its beautiful public space featuring the distinctive 10-feet tall statue of the iconic Richmond native. The storefront sits right at the edge of this plaza which was created to commemorate Maggie Walker’s extraordinary accomplishments. The building also features four residential units that have been continuosly 100% occupied. Each unit features a large and open floor plan, hardwood flooring, fully-equipped kitchen, and in-unit washer/dryer. The residential units make this listing ideal for a buyer looking for an owner/occupant opportunity. An unquestionable player in the rise of Broad Street’s revitalization efforts underway, this walkable area of the Arts District sees tremendous pedestrian traffic and includes such businesses as Max’s on Broad, Saison, Cite Design, Rosewood Clothing Co., Walter Parks Architects, Born 2b Great, Coalition Theater, and Gallery 5 – to name just a few! Come be a part of the creative community that is transforming Richmond’s Arts District and meet the RVA market at street level!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
N000-0076-057
Land Assessment
$147,000
Improvements Assessment
$882,000
Total Assessment
$1,029,000

zoning

Zoning Code B-4 (B-4 Central Business)
B-4 (B-4 Central Business)
  • Listing ID: 18124952

  • Date on Market: 1/8/2020

  • Last Updated:

  • Address: 18 W Broad St, Richmond, VA 23220

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