1312 Main St Richmond, VA 23220
This exceptional investment opportunity presents a two-story, 4,640 square foot office building situated on a 0.168-acre lot in Richmond, Virginia's desirable Fan District. Built in 1916, this property boasts 13 parking spaces, a significant advantage in this highly walkable area. Currently 75% occupied, the building features a charming and functional floor plan, ideal for a mix of collaborative and private office spaces. Modern updates include updated electrical, hardwood floors, acoustic ceiling tile, and overhead lighting. Dual access points to the second floor enhance functionality. The property's UB zoning allows for a wide range of office and retail uses, and its prominent location offers excellent signage potential. This move-in ready building presents a rare combination of historic character and modern convenience, making it an outstanding investment for owner-occupants and investors alike. The address is 1312 W Main St, Richmond, VA 23220, with APN W0000451016. The asking price is $1,625,000.
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Chris Carson, LCSW Foster Care Service Social Service Agency
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Career Quest Employment Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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