Listing Agency: Partner Commercial Real Estate Show Phone

Listed By: Yasmine Hamad · License #VA 0226028968

Source: Crexi

Added: Jul 27 Changed: Aug 29 Last Checked: Apr 10 at 11:09PM

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Investment Insights

Based on property information with market context.

This one-story retail property contains approximately 3,928 square feet within a multi-tenant building. A 1,200 SF restaurant space is available, and the property is zoned B-2.

The building sits on 0.23 acres at 1205 Westover Hills Blvd in Richmond, Virginia. Parking includes 8 spaces along the front, plus 2-3 spaces per store at the rear. Constructed in 1960, the property offers an existing retail configuration with redevelopment potential.

Key Highlights

• ±3,928 SF multi‑tenant retail building
• 1,200 SF restaurant space available
• B‑2 zoning

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Dental Office Spa & Massage Center Hair Salon Restaurant Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

402

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 23225, VA

40,876

Population

21,545

Households

1.9

Avg Household Size

38

Median Age

41%

College-Educated

91%

High-School Grad

13.9 sq mi

ZIP Area

2,941

Density / Sq Mi

$60,865

Median Household Income

$43,550

Median Earnings

$1,311

Median Rent

$292,800

Median Home Value

Market

Vacancy Rate% for Retail in Richmond, VA

6.9% 2019

7.5% 2020

7% 2021

5.2% 2022

4.2% 2023

4.9% 2024

5.7% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - One-story retail building with restaurant space and B-2 zoning.

Where is this storefront property located?

The property is located at 1205 Westover Hills Boulevard Richmond, VA.

What are key features of this property?

This property features: ±3,928 SF multi‑tenant retail building; 1,200 SF restaurant space available; B‑2 zoning