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21 E Main St

2,284 SF 50% Leased Retail Building Richmond, VA 23219 $575,000 ($252/SF)

Investment Highlights

  • 2 bed/2.5 baths
  • Commercial space lease expires 1/31/25
  • Apartment is vacant
  • live/work opportunity

Executive Summary

Great opportunity for investment, live/work. Top-notch mixed-use renovation zoned B3. A stylish, open modern living area features gleaming wood floors, 10’ ceilings, skylights, 2 gas fireplaces. Stunning chefs kitchen w/seated work island, new granite counters, custom cabinetry. Two spacious bedrooms (1 ensuite), 2 full baths, private balcony. The glass storefront commercial space offers a multitude of uses. Upgrades include kitchenette, recording booth, ADA bathroom. All freshly painted, new roof (2016), skylights (2023), 1st floor furnace (2024). Current owner leases 1 parking spot behind building plus 3 additional spots directly across the street. Excellent location! Walking distance to VCU, Riverfront & Downtown Richmond. Great restaurants/shops nearby!

Property Facts Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,284 SF
Building Class
C
Year Built/Renovated
1900/2002
Price
$575,000
Price Per SF
$252
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
1.50
Lot Size
0.04 AC
Zoning
B-3
Parking
3 Spaces (1.31 Spaces per 1,000 SF Leased)
Frontage
17 FT on E Main St

Amenities

  • Bus Line
Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Virginia Credit Union
Peoples Bancorp, Inc.
The YMCA
Fifth Third Bank
Chase
Atlantic Union Bank
Starbucks
South State Bank
Chopt
Truist

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
W000-0081-011
Land Assessment
$105,000
Improvements Assessment
$307,000
Total Assessment
$412,000
  • Listing ID: 34146466

  • Date on Market: 12/10/2024

  • Last Updated:

  • Address: 21 E Main St, Richmond, VA 23219

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