1427 Hull ST, Richmond, VA 23224
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1427 Hull ST, Richmond, VA 23224
1427 Hull ST, Richmond, VA 23224
1427 Hull ST, Richmond, VA 23224
1427 Hull ST, Richmond, VA 23224
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Emily Carter

Emily Carter

Jim & Pat Carter Real Estate, Inc.

+1(804) 436-4949
$ 1,000,000
Est. payment /mo
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1427 Hull ST Richmond, VA 23224

7,750 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 7,750 sqft

Price per Sqft $129

MLS Listing ID 2606158

Construction Status Actual

HOA Y/N No

Year Built 1920

Property Description

Prime commercial opportunity in Richmond's rapidly growing Manchester district. This approximately 7,500 SF retail/restaurant building has undergone approximately $445,000 in recent renovations, all completed by licensed contractors and inspected by the City of Richmond. Major improvements include a new TPO roof, upgraded 400-amp three-phase electrical service, rooftop natural gas backup generator with automatic transfer switch, reinforced structural flooring with steel C-channel beams, and a new basement sump pump system.

The property is delivered as a clean commercial dark shell with exposed original brick interior, allowing a buyer to design and build out the space to suit a variety of uses including restaurant, brewery, retail, fitness, entertainment, or creative office.

In addition to the main floor square footage, the building includes additional basement space not included in the primary square footage that may be used for storage, operational support, or other business needs.

Located within a historic district, the property may qualify for approximately a 40% historic tax credit on eligible renovation or buildout expenses, creating a significant incentive and cost savings opportunity for a buyer completing interior improvements.

Situated along the Hull Street corridor in Manchester, the property benefits from strong residential and commercial growth, with numerous nearby apartment developments, restaurants, and entertainment venues. The location offers convenient access to Downtown Richmond, the James River, and major transportation routes.

This property presents a rare opportunity to acquire a large commercial building with major infrastructure upgrades in one of Richmond's most active redevelopment areas.

Location

State VA

County Richmond City

Area 60 - Richmond

Direction From Downtown Richmond, cross the 14th Street (Manchester) Bridge into Manchester and continue onto Hull Street. The property at 1427

Interior

Heating None

Exterior

Roof Type Rubber

Topography Level

Building

Lot Description Level

Building Description Brick, No Elevators,Single-Tenant

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Construction Status Actual

Others

Tax ID S000-0153-027

Ownership Investment,Owner-User

Central Virginia Regional MLS (CVR MLS)
Listed by Capital Real Estate Services

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1427 Hull ST

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Emily Carter

Emily Carter

+1(804) 436-4949

Principal Broker | Unknown0225024367

Principal Broker Unknown0225024367

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