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Corner Commercial Building in Richmond

1201 N 25th St, Richmond, VA 23223

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For Sale

$595,000

Single-story, open brick building zoned B2 for retail or office.

Type:Commercial

Property size:

3,319 SF

Lot size:

0.24 Acres

Price / SF:

$179/SF

Listing Contact

Susanne Azizi Haas

HighLights

Zoned B2 for retail or office uses up to 5 stories, offering versatile development potential.
3319 SF single‑story, open brick building with large windows and 2 bay doors, suitable for multiple uses.
Located in the transforming Church Hill North Commercial Corridor, convenient to interstate access, downtown, shopping, dining, and MCV/VCU.
Private, rear fenced yard area.
Potential for a rooftop patio to expand possibilities.
Contiguous 17' wide lot available for sale, allowing for .24 acres combined.

Learn more

For Sale

$595,000

Single-story, open brick building zoned B2 for retail or office.

Type:Commercial

Property size:

3,319 SF

Lot size:

0.24 Acres

Price / SF:

$179/SF

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 5:47 pm

Property Features for 1201 N 25th St

General Information

Standard status: Active
Size: 3,319 SF
Lot size: 0.24 Acres
Property subtype: Commercial

Building Details

Year Built: 1924

We can help!

Listing Contact

Susanne Azizi Haas

Listing agent Susanne Azizi Haas

Listing office RVA Real Property Solutions LLC

Listing date Apr 24, 2026

Source Elliman

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 RVA Real Property Solutions LLC

HighLights

Zoned B2 for retail or office uses up to 5 stories, offering versatile development potential.
3319 SF single‑story, open brick building with large windows and 2 bay doors, suitable for multiple uses.
Located in the transforming Church Hill North Commercial Corridor, convenient to interstate access, downtown, shopping, dining, and MCV/VCU.
Private, rear fenced yard area.
Potential for a rooftop patio to expand possibilities.
Contiguous 17' wide lot available for sale, allowing for .24 acres combined.

Overview

This 3319 square foot, single-story corner commercial building features an open layout and brick construction. Zoned B2, the property is suitable for retail or office uses up to 5 stories. The interior includes a reception area, two bathrooms, and a large, open room with brick walls and large windows. Two bay doors provide access, making the space adaptable for various purposes. Additionally, there are two smaller rooms and a private, fenced rear yard. The building's location, one mile from VCU Dental School via the Martin Luther King Bridge, offers convenient access. A rooftop patio could further enhance the property's appeal. An adjacent 17-foot wide lot is also available for sale, potentially creating a combined area of 0.24 acres. Located in the transforming Church Hill North Commercial Corridor, the property benefits from its proximity to interstate access, the downtown business area, shopping, dining, and MCV/VCU. The area is becoming a vibrant, pedestrian-oriented community. The bike score is 21, indicating it is somewhat bikeable, the walk score is 31, indicating it is car-dependent, and the transit score is 34, indicating some transit options are available.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$70.5k	$21.24
− Vacancy	−$11.0k	−$3.31
EGI	$59.5k	$17.93
− OpEx	−$14.9k	−$4.48
NOI	$44.6k	$13.44

3,319 SF · lease $21.24/SF/yr · vacancy 15.60% · expense 25.00%

Alternative Uses

Best Use

Office B

$637.5K

$557.8K – $743.7K (±1% cap)

NOI $44,624 @ 7.0% cap · market cap 7.50%

Second Best

Retail

$517.5K

$452.8K – $603.7K (±1% cap)

NOI $36,224 @ 7.0% cap · market cap 6.09%

Theoretical Best

Office A

$766.8K

$671.0K – $894.6K (±1% cap)

NOI $53,676 @ 7.0% cap · market cap 9.02%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

THIEVES' LLC Auto Repair Shop

Suggested Use

Location Insight

Map
Local Demand

City: Richmond
County: Richmond City
State: Virginia
Longitude: -77.4112658
Latitude: 37.5393783

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For sale
Retail space
VA
Richmond
23223
1201 N 25th St

What type of property is this?

Retail space - Single-story, open brick building zoned B2 for retail or office.

Where is this retail space located?

The property is located at 1201 N 25th St Richmond, VA.

What is the asking price?

The asking price for this property is $595,000.

What are key features of this property?

This property features: Zoned B2 for retail or office uses up to 5 stories, offering versatile development potential.; **3319 SF single‑story, open brick building with large windows and 2 bay doors, suitable for multiple uses.**; Located in the transforming Church Hill North Commercial Corridor, convenient to interstate access, downtown, shopping, dining, and MCV/VCU.