1001 N Lombardy St Richmond, VA 23220

Listing office Seven Hills Holdings

Listing date Mar 3, 2026

Source Crexi

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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

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FAQs

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.