Mixed-Use Retail and
For Sale
Contact for pricing
701 W Clay Street, Richmond, VA 23220
Two-story mixed-use property includes ground-floor retail and leased apartments across two buildings.
Property Size4,620 SF
Days on Market123
Property Features for 701 W Clay Street
General Information
Standard status
Active
Size
4,620 SF
Property subtype
Mixed Use, Retail
Occupancy
100%
Additional Details
Multifamily Units
3
Building Details
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 22 at 10:21AM
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 fully leased mixed-use property consists of two separate two-story buildings totaling 4,620 SF. The first building is 3,300 SF and features retail on the first floor with a 4-bedroom, 2-bath apartment on the second floor. The second building totals 1,320 SF and includes two leased apartments.
The buildings share a small common outside area. The property is located minutes from VCU.
The offering provides a combination of retail and residential income within a four-unit configuration, with all units currently leased.
The buildings share a small common outside area. The property is located minutes from VCU.
The offering provides a combination of retail and residential income within a four-unit configuration, with all units currently leased.
Key Highlights
- Fully leased two‑building, mixed‑use property with 4 units total
- Total building area: 4,620 SF across a 3,300 SF building and a 1,320 SF building
- 3,300 SF building features retail on the 1st floor and a 4BD/2BA apartment on the 2nd floor
Property Analytics
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,903
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story mixed-use property includes ground-floor retail and leased apartments across two buildings.
Where is this mixed-use property located?
The property is located at 701 W Clay Street Richmond, VA.
What are key features of this property?
This property features: Fully leased two‑building, mixed‑use property with 4 units total; Total building area: 4,620 SF across a 3,300 SF building and a 1,320 SF building; 3,300 SF building features retail on the 1st floor and a 4BD/2BA apartment on the 2nd floor
