Two-Bay Retail
For Sale
$825,000
349 E Belt Boulevard, Richmond, VA 23224
B3 zoning accommodates general retail uses, with a tenant lease extending through September 2027.
Property Size1,276 SF
Lot Size1.00 Acre
Price / SF$646.55
Days on Market320
Property Features for 349 E Belt Boulevard
General Information
Standard status
Active
Size
1,276 SF
Lot size
1.00 Acre
Property subtype
Commercial
Zoning
B3
Site & Location
Neighborhood
Swnw
Highway Access
Yes
Road Access
Yes
Tenancy & Operations
Tenant in Place
Yes
Real Estate Included
Yes
Additional Details
Cap Rate
5.5%
Building Details
Building Size
1,276 SF
Year Built
1960
Buildings
1
Stories
1
Listing Agency:
Hogge Real Estate Inc
Listed By:
Wendy Hogge · License #0225104842
(804) 815-2355
Source:
Hoggerealestate
Added: Dec 10, 2025
Changed: Oct 26
Last Checked: Oct 26 at 4:03AM
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 Hogge Real Estate Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 1,276-square-foot retail building contains two bays and sits on a 1-acre parcel. B3 zoning supports general retail uses, including automotive service, storage, gas, car wash, and convenience store uses. A tenant lease runs through September 2027, with a stated 5.5% cap rate.
The property fronts E. Belt Boulevard for 155 feet. I-64 is 0.5 miles away, and downtown Richmond is 4 miles from the site. The parcel is within a designated Enterprise Zone, where incentives include reductions in permit and user fees and certain business, professional, and occupational license taxes, along with a partial tax exemption for substantially rehabilitated real estate and a development tax.
The property fronts E. Belt Boulevard for 155 feet. I-64 is 0.5 miles away, and downtown Richmond is 4 miles from the site. The parcel is within a designated Enterprise Zone, where incentives include reductions in permit and user fees and certain business, professional, and occupational license taxes, along with a partial tax exemption for substantially rehabilitated real estate and a development tax.
Key Highlights
- Two‑bay retail building with 1276 SF
- Sited on a 1 Acre Lot
- B3 zoning for general retail uses
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
888
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 23224, VA
39,468
Population
18,201
Households
2.2
Avg Household Size
33
Median Age
19%
College-Educated
80%
High-School Grad
11.6 sq mi
ZIP Area
3,402
Density / Sq Mi
$49,263
Median Household Income
$36,275
Median Earnings
$1,268
Median Rent
$189,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Richmond, VA
Frequently Asked Questions
What type of property is this?
Storefront property - B3 zoning accommodates general retail uses, with a tenant lease extending through September 2027.
Where is this storefront property located?
The property is located at 349 E Belt Boulevard Richmond, VA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Two‑bay retail building with 1276 SF; Sited on a 1 Acre Lot; B3 zoning for general retail uses
