Renovated Mixed-Use
For Sale
Contact for pricing
Pending
1707 E Main St, Richmond, VA 23223
Historic 3-unit property combines residential apartments with a substantial commercial space in a Main Street setting.
Property SizeContact for details
Days on Market141
Property Features for 1707 E Main St
General Information
Standard status
Pending
Property subtype
Retail, Multifamily, Office, Mixed Use
Listing Agency:
Colliers - Richmond, Virginia
Listed By:
Martin Mooradian · License #VA 0225271127
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Aug 30 at 3:49PM
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 Colliers - Richmond, Virginia
Investment Insights
Based on property information with market context.
Built in 1917 and recently renovated, this mixed-use property contains three income-producing units: two residential apartments and one large commercial space. The compact configuration brings residential and commercial occupancy together within a single historic building, with a stable tenant base noted in the property information.
The property is located at 1707 E Main St in Richmond’s Shockoe Bottom district and sits within a Federal Opportunity Zone. It is positioned on Main Street near VCU and Richmond’s downtown employment base. Reported investment metrics include an 8.97% current cap rate and 18.01% cash-on-cash return.
The property is located at 1707 E Main St in Richmond’s Shockoe Bottom district and sits within a Federal Opportunity Zone. It is positioned on Main Street near VCU and Richmond’s downtown employment base. Reported investment metrics include an 8.97% current cap rate and 18.01% cash-on-cash return.
Key Highlights
- Three‑unit configuration with two residential apartments and one large commercial space
- 1917 historic building with recent renovation
- Located within a Federal Opportunity Zone
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,645
Businesses Nearby
Explore this area
Business Placement
Demographics for 23223, VA
51,960
Population
27,141
Households
1.9
Avg Household Size
35
Median Age
32%
College-Educated
90%
High-School Grad
16.7 sq mi
ZIP Area
3,111
Density / Sq Mi
$56,518
Median Household Income
$39,828
Median Earnings
$1,224
Median Rent
$236,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Historic 3-unit property combines residential apartments with a substantial commercial space in a Main Street setting.
Where is this mixed-use property located?
The property is located at 1707 E Main St Richmond, VA.
What are key features of this property?
This property features: Three‑unit configuration with two residential apartments and one large commercial space; 1917 historic building with recent renovation; Located within a Federal Opportunity Zone
