Multi-Use Apartment and Retail
For Sale
Contact for pricing
1301 W Leigh Street, Richmond, VA 23220
Two-story building offers renovated apartments and a ground-floor retail space configured for restaurant use.
Property Size5,840 SF
Days on Market123
Property Features for 1301 W Leigh Street
General Information
Standard status
Active
Size
5,840 SF
Property subtype
Mixed Use
Additional Details
Multifamily Units
3
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
KW Metro Center
Listed By:
Bill Plasha · License #VA 0225208743
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 1:22AM
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 KW Metro Center
Investment Insights
Based on property information with market context.
This two-story multi-use building includes residential and retail space in one structure. The apartment portion totals five bedrooms across three units: one 3-bedroom/1-bath unit and two 2-bedroom/1-bath units, with the apartments described as renovated. The ground floor contains approximately 1,500 square feet of retail space.
The retail area is currently configured for restaurant use, and the public remarks note it as the former site of the Magpie. The property is located at 1301 W. Leigh Street in Richmond, VA 23220.
Overall, the layout provides income from both apartments upstairs and restaurant-configured retail on the ground level.
The retail area is currently configured for restaurant use, and the public remarks note it as the former site of the Magpie. The property is located at 1301 W. Leigh Street in Richmond, VA 23220.
Overall, the layout provides income from both apartments upstairs and restaurant-configured retail on the ground level.
Key Highlights
- 2‑story multi‑family apartment and retail building totaling 5,840 SF
- Includes renovated apartments: 1 unit with 3 bed/1 bath and 2 units with 2 bed/1 bath
- Ground‑floor retail space of 1,500 SF currently configured for restaurant use
Property Analytics
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,939
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 Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Two-story building offers renovated apartments and a ground-floor retail space configured for restaurant use.
Where is this triplex located?
The property is located at 1301 W Leigh Street Richmond, VA.
What are key features of this property?
This property features: 2‑story multi‑family apartment and retail building totaling 5,840 SF; Includes renovated apartments: 1 unit with 3 bed/1 bath and 2 units with 2 bed/1 bath; Ground‑floor retail space of 1,500 SF currently configured for restaurant use
