Restaurant Investment
For Sale
Contact for pricing
1001 N Lombardy St, Richmond, VA 23220
Tenant-occupied restaurant space near VCU and VUU.
Property Size1,200 SF
Price / SF$583.33
Days on Market180
Property Features for 1001 N Lombardy St
General Information
Standard status
Active
Size
1,200 SF
Total Parking Spaces
10
Property subtype
Retail
Zoning
UB-2
Occupancy
100%
Lease Type
NNN
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Seven Hills Holdings
Listed By:
Helen Blair · License #0000
Source:
Crexi
Added: Mar 3
Changed: Aug 25
Last Checked: Aug 28 at 11:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Seven Hills Holdings
Investment Insights
Based on property information with market context.
This commercial property offers a 1,200 sq ft investment opportunity. Currently tenant-occupied by a restaurant, it provides immediate income potential. The property is located at the intersection of Leigh and Lombardy Streets, benefiting from high traffic. Positioned between Virginia Commonwealth University and Virginia Union University, the location experiences consistent foot traffic from students, faculty, and nearby residents. The area is walkable, with ample parking and strong daily vehicle traffic. The property is near Whole Foods Market, Lowe's Home Improvement, and the Stuart C. Siegel Center. The location is surrounded by established retailers, entertainment venues, and newly planned developments. This asset is located in a dynamic and evolving district.
Key Highlights
- Prime commercial property at the high‑traffic intersection of Leigh and Lombardy Streets.
- Tenant‑occupied by a restaurant, providing immediate income and retail presence.
- Ideally located between VCU and VUU, benefiting from consistent foot traffic.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,619
Businesses Nearby
Explore this area
Business Placement
Demographics for 23220, VA
36,942
Population
16,561
Households
2.2
Avg Household Size
27
Median Age
59%
College-Educated
94%
High-School Grad
4.8 sq mi
ZIP Area
7,696
Density / Sq Mi
$56,681
Median Household Income
$33,249
Median Earnings
$1,354
Median Rent
$468,900
Median Home Value
Market
Vacancy Rate% for Retail in Richmond, VA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Tenant-occupied restaurant space near VCU and VUU.
Where is this retail space located?
The property is located at 1001 N Lombardy St Richmond, VA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Prime commercial property at the high‑traffic intersection of Leigh and Lombardy Streets.; Tenant‑occupied by a restaurant, providing immediate income and retail presence.; Ideally located between VCU and VUU, benefiting from consistent foot traffic.
