Mixed-Use
Richmond Mixed-Use Opportunity - Retail and Multifamily
404 W Broad Street, Richmond, VA 23220
Listing Price: $900,000
Investment Overview
Welcome to 404 W Broad Street mixed-Use Asset. Exceptional investment opportunity in the heart of Richmond’s highly sought after Broad Street corridor. This 5,800 SF mixed-use property features four residential apartment units and a 2,200 SF ground-floor retail space, offering strong income potential and flexibility for a variety of uses.
Located just steps from VCU and surrounded by Richmond’s vibrant dining, retail, and arts scene, the property benefits from excellent visibility, heavy foot traffic, and steady rental demand.
Richmond Mixed-Use Opportunity - Retail and Multifamily
Investment Highlights
- Great location near new CoStar Center for Arts and Innovation and academic campus of Virginia Commonwealth University on corner of W Broad St and Belvidere.
- Located on Pulse high speed rapid transit bus system.
- The building features four residential units and one ground floor retail space, delivering diversified income streams that enhance overall investment value.
- In addition to being located in Richmond's historic Jackson Ward. The area is also Richmond's arts district. This is a dense urban area, filled with art, galleries shops, bars, restaurants, hotels, entertainment, venues, and offices.
- The asset represents a strong value add opportunity trough re-tenanting in the commercial bay and renovation of apartments to expand rents
Exclusively Listed By
Broker of Record
-
Jim McGuckin
Managing Director, Market Leader - New Jersey
Mixed-Use
Richmond Mixed-Use Opportunity - Retail and Multifamily
Listing Price: $900,000
Investment Highlights
- Great location near new CoStar Center for Arts and Innovation and academic campus of Virginia Commonwealth University on corner of W Broad St and Belvidere.
- Located on Pulse high speed rapid transit bus system.
- The building features four residential units and one ground floor retail space, delivering diversified income streams that enhance overall investment value.
- In addition to being located in Richmond's historic Jackson Ward. The area is also Richmond's arts district. This is a dense urban area, filled with art, galleries shops, bars, restaurants, hotels, entertainment, venues, and offices.
- The asset represents a strong value add opportunity trough re-tenanting in the commercial bay and renovation of apartments to expand rents
Investment Overview
Welcome to 404 W Broad Street mixed-Use Asset. Exceptional investment opportunity in the heart of Richmond’s highly sought after Broad Street corridor. This 5,800 SF mixed-use property features four residential apartment units and a 2,200 SF ground-floor retail space, offering strong income potential and flexibility for a variety of uses. Located just steps from VCU and surrounded by Richmond’s vibrant dining, retail, and arts scene, the property benefits from excellent visibility, heavy foot traffic, and steady rental demand.
Exclusively Listed By
Broker of Record
-
Jim McGuckin
Managing Director, Market Leader - New Jersey
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