Mixed-Use
Richmond Stabilized Mixed-Use Opportunity - Retail and Multifamily
228 W Broad St, Richmond, VA 23220
Listing Price: $1,100,000
Investment Overview
Mixed-Use asset with one suite and three apartments one levels two and three. Stabilized rent roll. Art Gallery tenant is entering over twenty four of tenancy. Room to push rents to market on apartment renewals and commercial lease has 5% increases year over year. Great location in VCU submarket. Excellent condition with recent renovation of apartment one.
Richmond Stabilized Mixed-Use Opportunity - Retail and Multifamily
Investment Highlights
- Stabilized asset with good current tenants and building condition.
- Great location in Richmond's Downtown Art's District; A downtown area with shops, bars, restaurants, hotels, art galleries, offices and walk-up apartments. Adjacent to new VCU/CoStar Arts Bldg.
- Management has opportunity to push rents from current levels to market.
- Proximate to VCU Medical Center and Central Business District.
Exclusively Listed By
Mixed-Use
Richmond Stabilized Mixed-Use Opportunity - Retail and Multifamily
Listing Price: $1,100,000
Investment Highlights
- Stabilized asset with good current tenants and building condition.
- Great location in Richmond's Downtown Art's District; A downtown area with shops, bars, restaurants, hotels, art galleries, offices and walk-up apartments. Adjacent to new VCU/CoStar Arts Bldg.
- Management has opportunity to push rents from current levels to market.
- Proximate to VCU Medical Center and Central Business District.
Investment Overview
Mixed-Use asset with one suite and three apartments one levels two and three. Stabilized rent roll. Art Gallery tenant is entering over twenty four of tenancy. Room to push rents to market on apartment renewals and commercial lease has 5% increases year over year. Great location in VCU submarket. Excellent condition with recent renovation of apartment one.
Exclusively Listed By
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