Mixed-Use Brick Building
For Sale
Contact for pricing
1725 1726 1727 1729 1731 E Main St 11 S 15th St and 4-8 S 18th St, Richmond, VA 23223
Six buildings combine retail suites and apartments within a transit-oriented Richmond commercial district.
Property Size21,335 SF
Lot Size0.41 Acres
Days on Market145
Property Features for 1725 1726 1727 1729 1731 E Main St 11 S 15th St and 4-8 S 18th St
General Information
Standard status
Active
Size
21,335 SF
Lot size
0.41 Acres
Property subtype
Retail, Mixed Use
Zoning
B5
Occupancy
98%
Financials
Cap Rate
5.8%
Opportunity Zone
Yes
Units
Unit Mix
9 x 1BR, 2 x 2BR
Multifamily Units
11
Additional Details
Public Transit
Yes
Building Details
Buildings
6
Construction
brick
Tenancy
Multi
Listing Agency:
Haas Realty Group
(804) 349-5788
Listed By:
Susan Haas · License #VA 0225083094
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 29 at 2:39PM
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 Haas Realty Group
Investment Insights
Based on property information with market context.
This mixed-use portfolio comprises six brick buildings totaling 21,335 finished square feet, with six retail spaces and 11 apartments. The residential component includes nine one-bedroom units and two two-bedroom units and is reported at 98% occupancy. The property also includes renovated units, new roofs, and new HVAC units.
The portfolio sits on 0.41 acres in Richmond’s Shockoe Bottom area, across from Main Street Station and the Farmers Market. B5 zoning, Opportunity Zone status, eligibility for historic tax credits and tax abatement, and transit-oriented development context add important planning and investment considerations. The site also offers the ability to add square footage in rear areas and create rooftop patios, subject to applicable approvals.
The portfolio sits on 0.41 acres in Richmond’s Shockoe Bottom area, across from Main Street Station and the Farmers Market. B5 zoning, Opportunity Zone status, eligibility for historic tax credits and tax abatement, and transit-oriented development context add important planning and investment considerations. The site also offers the ability to add square footage in rear areas and create rooftop patios, subject to applicable approvals.
Key Highlights
- 21,335 finished SF across six brick buildings
- Six retail spaces and 11 apartments, including nine 1‑bedroom and two 2‑bedroom units
- 98% occupancy
Property Analytics
Current Use
Lease Details
11
Residential units
98%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
314
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Six buildings combine retail suites and apartments within a transit-oriented Richmond commercial district.
Where is this mixed-use property located?
The property is located at 1725 1726 1727 1729 1731 E Main St 11 S 15th St and 4-8 S 18th St Richmond, VA.
What are key features of this property?
This property features: 21,335 finished SF across six brick buildings; Six retail spaces and 11 apartments, including nine 1‑bedroom and two 2‑bedroom units; 98% occupancy
