1900 Parham RdHenrico, VA 23228

Property Details for 1900 Parham Rd

Year built

1973

Lot size

1.00 AC

Property size (Sq ft)

3,521 SF

Property type

Other office properties

Property subtype

Office properties

Description

This exceptional 3,521 square foot office building, situated on a one-acre lot at 1900 E Parham Road in Henrico, VA, presents a unique investment opportunity. Boasting high visibility on E Parham Road, the property offers abundant parking and convenient access, making it an ideal location for a variety of businesses. The building features an accessible ramp for easy entry and is currently offered for sale as a whole, but the owners are open to leasing options for either of the two floors individually. This flexibility allows for businesses of varying sizes to consider this prime location. The existing office infrastructure, including furniture (available to remain), allows for a seamless transition for new occupants. Its strategic location offers proximity to interstate access and the courthouse, making it particularly attractive to legal professionals, counselors, and CPAs. The property is zoned O-1, permitting uses such as small offices, artist studios, and limited retail, including financial institutions, childcare facilities, and adult care centers. Utility costs are well-documented: In 2023, average monthly electricity expenses were $279.16, and water and sewer averaged $28.33 per month. For 2024, projected average monthly electricity is $225, and water and sewer is estimated at $40 per month. This well-maintained building represents a compelling opportunity to acquire a thriving business location in a highly desirable area. The asking price is $725,000.

Location Insight

City

Henrico

County

Henrico

State

Virginia

Latitude

37.6388

Longitude

-77.4821

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