Historic Corner Retail
520 N 25th St Richmond, VA 23223
For Sale
Contact for pricing
Centrally located corner property in a walkable neighborhood, suited for retail, restaurant, and community gathering uses.
Property Size4,500 SF
Price / SF$422.22
Days on Market58
Property Features for 520 N 25th St
General Information
Standard status
Active
Size
4,500 SF
Property subtype
RETAIL
Listing Agency:
One South Commercial
(434) 981-3146
Listed By:
Ann Schweitzer Riley
Source:
Moodyscre
Added: Jun 2
Changed: Jul 26
Last Checked: Jul 29 at 12:01PM
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 One South Commercial
Investment Insights
Based on property information with market context.
This historic corner property offers a scaled opportunity for retail, restaurant, and community gathering applications. It is presented with unique historic architectural presence and elements that can support distinctive tenant branding and customer appeal.
The site is centrally located within the Church Hill neighborhood and positioned on a highly walkable corner. Its prominent street-facing presence makes it suitable for uses that benefit from pedestrian traffic and street-level visibility.
The offering includes approximately 4,500 square feet of space for an owner-operator or tenant looking for a conventional storefront configuration in a neighborhood setting.
The site is centrally located within the Church Hill neighborhood and positioned on a highly walkable corner. Its prominent street-facing presence makes it suitable for uses that benefit from pedestrian traffic and street-level visibility.
The offering includes approximately 4,500 square feet of space for an owner-operator or tenant looking for a conventional storefront configuration in a neighborhood setting.
Key Highlights
- Centrally located Church Hill neighborhood corner property on a highly walkable site
- Prominent corner location suitable for retail, restaurant, and community gathering applications
- Historic architectural presence and unique exterior elements
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.7k | $18.60 |
| − Vacancy | −$5.9k | −$1.30 |
| EGI | $77.8k | $17.30 |
| − OpEx | −$19.5k | −$4.32 |
| NOI | $58.4k | $12.97 |
4,500 SF · lease $18.60/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$834.0K
$729.8K – $973.0K
NOI $58,381 @ 7.0% cap · market cap 3.07%
Second Best
Retail
$701.6K
$613.9K – $818.6K
NOI $49,114 @ 7.0% cap · market cap 2.58%
Theoretical Best
Office A
$1.04M
$909.7K – $1.21M
NOI $72,776 @ 7.0% cap · market cap 3.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- G's Florist — 3001 Nine Mile Rd, Richmond, VA 23223
- Green Vibes RVA — 1716 E Franklin St, Richmond, VA 23223
Frequently Asked Questions
What type of property is this?
Storefront property - Centrally located corner property in a walkable neighborhood, suited for retail, restaurant, and community gathering uses.
Where is this storefront property located?
The property is located at 520 N 25th St Richmond, VA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Centrally located Church Hill neighborhood corner property on a highly walkable site; Prominent corner location suitable for retail, restaurant, and community gathering applications; Historic architectural presence and unique exterior elements
