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Property profile

1206 Hull St Richmond, VA 23224

OFF-MARKET
Retail properties & Spaces
5,224 SF 0.26 ac lot Built 1892
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Property summary

AI-generated overview

This 5,224 square foot, two-story building at 1206 Hull Street in Richmond, Virginia's vibrant Manchester neighborhood presents a unique opportunity. The property, built in 1892 and recently renovated (approximately six years ago), offers 2,303 square feet of vacant space in a single-tenant configuration. The B-5 zoned property sits on 0.255 acres and includes all furniture, fixtures, and equipment (FF&E), making it a true turnkey operation. The layout is ideal for various food and beverage concepts, such as a wine bar with retail or a grab-and-go market, and includes the potential for outdoor seating on a highly visible corner patio. Located in a rapidly growing area known for its blend of residential and commercial development, this property benefits from high visibility and foot traffic. Surrounding buildings are a mix of renovated historic structures and new developments, attracting residents and professionals drawn to the area's urban charm, proximity to downtown Richmond, and access to the James River. The property's historic aesthetic combined with modern functionality makes it an excellent choice for entrepreneurs seeking a move-in ready storefront in a prime location. The APN is S0000084007.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1892
Total area 5,224 SF
Lot 0.26 ac (11,108 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1206 Hull St Richmond, VA 23224
Richmond metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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