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    Diamond District Mixed-Use Property
    Updated: Feb 25
    Diamond District Mixed-Use Property

    1603 Ownby Ln |, Richmond, VA 23220

    $6,695,000
    58,000 sqft
    B‑7 Zoning: Ideal for multi‑family, office, hotel, retail, warehouse, and distribution.
    Located in the developing Diamond District, planned for a 180‑room hotel, 1,100 multi‑family units, offices, and 58,000 SF of retail space.
    Proximity to the new VCU Athletic Village and new Baseball Stadium (construction begins in 2024).
    Walking distance to Scott's Addition.
    Masonry building with two loading docks.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1603 Ownby Ln | Richmond, VA 23220

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    • Est. Cap Rate

      8.2%
      Above avg (5.9%)

    • Est. NOI

      $551K
      Annual

    • Price @ 7% Cap

      $7.87M
      Above asking

    • Last Sold

      Sep 2012
      $450K

    • Property Type

      Warehouse, Storage
      Built 1942
    View Property Analytics
    Landmark Gate City Mixed-Use Property
    Updated: Mar 24
    Landmark Gate City Mixed-Use Property

    114 W Jackson Street, Gate City, VA 24251

    $1,450,000
    24,345 sqft 0.34 AC lot
    Landmark 24,000+ sq. ft. building with unlimited potential in historic Gate City.
    Turnkey restaurant with a liquor license covering 6,000 square feet and all equipment only 1 year old.
    Substantial recent renovations including new electrical, plumbing, sewer line, air conditioning, facade restoration, windows, and seven bathrooms.
    Includes a 2,200 sq. ft. owner's apartment with three bedrooms and two baths.
    Unique entertainment and hospitality spaces including a concert stage, dance floor, lounge, vendor booths, and a model race car track.
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    Versatile Income-Producing 4-Unit Property
    Versatile Income-Producing 4-Unit Property

    227 Sunny Bank Road, Reedville, VA 22539

    $495,500
    4,132 sqft 0.50 AC lot

    Four units: store, restaurant, 3-bedroom apartment, and loft.

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    Commercial Property in Virginia Beach
    Commercial Property in Virginia Beach

    1702 Southern Boulevard, Virginia Beach, VA 23454

    $899,999
    4,804 sqft 0.51 AC lot

    Well-located commercial property suitable for various business uses.

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    Downtown Mixed-Use Redevelopment Opportunity
    Downtown Mixed-Use Redevelopment Opportunity

    314 N BRADDOCK St, Winchester, VA 22601

    $1,500,000
    7,000 sqft

    Versatile B1-zoned property with income and redevelopment potential.

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    Historic Mixed-Use Victorian Landmark
    Historic Mixed-Use Victorian Landmark

    330 Main Street, Smithfield, VA 23430

    $725,000
    3,261 sqft 0.21 AC lot

    Dual-zoned Victorian mixed-use property renovated in 2024, with 5 bedrooms, 4 full baths, and private courtyard.

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    Historic Beaux Arts Mixed-Use Property
    Historic Beaux Arts Mixed-Use Property

    1025 Church Street, Lynchburg, VA 24504

    $1,100,000
    9,341 sqft 0.15 AC lot

    Unique mixed-use property in downtown Lynchburg, rich in history.

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    Mixed-Use Income Property For Sale
    Mixed-Use Income Property For Sale

    5976 Virginia Ave, Pembroke, VA 24136

    $699,000
    2,600 sqft 0.75 AC lot

    Multi-tenant property with cash flow on a corner lot.

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    Renovated Mixed-Use Arts District Building
    Renovated Mixed-Use Arts District Building

    309-317 E. Broad Street Richmond, VA 23219, Richmond, VA 23219

    $7,900,000
    47,461 sqft

    Income-producing mixed-use property in Richmond's Arts District.

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    Prime Cape Charles Commercial Opportunity
    Prime Cape Charles Commercial Opportunity

    307 MASON AVE, Cape Charles, VA 23310

    $499,000
    4,920 sqft

    Two-story commercial property in the heart of downtown Cape Charles.

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    Historic Chincoteague Commercial Corner Property
    Historic Chincoteague Commercial Corner Property

    4065 MAIN ST, Chincoteague, VA 23336

    $875,000
    3,114 sqft 0.11 AC lot

    Iconic 3,100+ sq ft commercial property in downtown Chincoteague.

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    East Main Street Redevelopment Opportunity
    East Main Street Redevelopment Opportunity

    65 E Main St, Pulaski, VA 24301

    $725,000
    12,760 sqft

    Versatile 12,500 SF building with redevelopment potential on Main Street.

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    Exmore Commercial Opportunity on Main
    Exmore Commercial Opportunity on Main

    3292 MAIN ST, Exmore, VA 23350

    $250,000
    1,365 sqft 0.19 AC lot

    Versatile commercial property with retail, office, and warehouse spaces.

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    Route 17 Commercial Opportunity
    Route 17 Commercial Opportunity

    3736 George Washington Memorial Highway, Gloucester Point, VA 23062

    $1,250,000
    682 sqft 5.80 AC lot

    Prime commercial property with income-producing businesses on Route 17.

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    Downtown Richmond Redevelopment Opportunity
    Downtown Richmond Redevelopment Opportunity

    307 E Broad St, Richmond, VA 23219

    $725,000
    6,630 sqft 0.08 AC lot

    Historic building in Richmond's Arts District ready for redevelopment.

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    Altavista Mixed-Use Investment Opportunity
    Altavista Mixed-Use Investment Opportunity

    525 7th St, Altavista, VA 24517

    $449,900
    8,525 sqft 0.56 AC lot

    Multi-parcel property with updated office and residential units.

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    Lynchburg Warehouse Redevelopment Opportunity
    Lynchburg Warehouse Redevelopment Opportunity

    29 Cabell Street, Lynchburg, VA 24504

    $175,000
    14,000 sqft 0.14 AC lot

    Circa 1878 warehouse for redevelopment in downtown Lynchburg.

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    Mixed-Use Building with Residence
    Mixed-Use Building with Residence

    114 W CHURCH St, Rocky Mount, VA 24151

    $425,000
    0.35 AC lot

    Residential and commercial-flex space under Central Business District zoning with public water and sewer services.

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    Mixed-Use Building with Income Potential
    Mixed-Use Building with Income Potential

    100-21580 Atlantic Blvd, Sterling, VA 20166

    $2,240,000
    6,400 sqft

    Mixed-use building with tenants, warehouse, and high ceilings.

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    Mixed-Use Income Portfolio
    Mixed-Use Income Portfolio

    630-634 CHARLES ST, Staunton, VA 24401

    $3,100,000
    22,816 sqft 1.92 AC lot

    Fully occupied mixed-use portfolio in a historic district, combining commercial units and multifamily residential units totaling 29 units.

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    Verona Commercial Portfolio For Sale
    Verona Commercial Portfolio For Sale

    244 & 246 ROLLA MILL RD, Verona, VA 24482

    $690,000
    4,997 sqft

    Two-building commercial portfolio in Verona, Virginia, with income potential.

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    Historical Tobacco Warehouse Opportunity
    Historical Tobacco Warehouse Opportunity

    107 13th Street, Lynchburg, VA 24504

    $2,590,000
    45,000 sqft 0.69 AC lot

    Spacious 45,000 SF warehouse in downtown Lynchburg for sale.

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    Historic Phoebus Mixed-Use Opportunity
    Historic Phoebus Mixed-Use Opportunity

    30 S Mallory St, Hampton, VA 23663

    $850,000
    8,500 sqft 0.29 AC lot

    Two-story, 8,500 SF mixed-use property in Phoebus Business District.

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    Fully Leased Mixed-Use Building
    Fully Leased Mixed-Use Building

    90 N MAIN ST, Harrisonburg, VA 22802

    $3,200,000
    16,166 sqft 0.26 AC lot

    A downtown mixed-use property with office, boutique retail, and health/wellness tenants plus structured lease terms.

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    Virginia Mixed-Use Properties Market Trends and Statistics

    Explore 135 mixed-use properties for sale in Virginia, showcased through 135 active listings on our real estate platform. These investment opportunities span a total of 1,496,674 square feet of properties for sale, with an estimated market value of $134,597,911.

    Sale prices for multi use buildings in Virginia start at $99,900, averaging $1,294,210, and reaching up to $7,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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