318 W Broad ST Active Save Request In-Person Tour Request Virtual Tour
Richmond,VA 23220
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,816 sqft
Price per Sqft $144
MLS Listing ID 2516165
Year Built 1910
Lot Size 3,484 Sqft
Property Description
This exceptional turnkey investment property is fully leased with one commercial ground floor tenant and two apartments above having gross income of $77,936 in 2024. Well located in the heart of the Arts District and fully renovated, this solid income producing investment has 3,408 sf of commercial space with lease term running through 4/30/25 along with 1,300 sf one bedroom and 575 sf studio apartments. Each with their own washer and dryer, the apartments are well appointed with granite countertops and hardwood floors. Capital expense upgrades include both a new HVAC unit and sewer line replacement in 2023.
Please allow 24 hour showing notice due to tenants in place.
Location
State VA
County Richmond City
Area 10 - Richmond
Interior
Heating Zoned
Exterior
Roof Type Flat,Rubber
Building
Lot Description Level
Building Description Brick, Multi-Tenant,No Elevators
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick