116 3rd St Richmond, VA 23219-2222

This exceptional three-story mixed-use office building, located at 116 S 3rd St in Richmond, VA, offers 15,930 square feet of space and presents a compelling investment opportunity. The property boasts a highly visible corner location in the Central Business District (CBD), with convenient access to major roadways and public transportation. Zoned B-3 and TOD-1, it's eligible for historic tax credits, offering potential cost savings. The building features attractive architectural details, including high ceilings, and is well-maintained. With an above-average parking ratio of approximately 2.2 spaces per 1,000 square feet on-site, parking is readily available. The flexible and efficient floor plans accommodate single or multi-tenant occupancy, making it ideal for owner-occupancy or redevelopment. Its proximity to Virginia Commonwealth University (VCU), the State Capitol, and a vibrant array of restaurants and entertainment venues adds significant value. The asking price is $1,900,000. This property represents a rare chance to acquire a prime asset in a thriving urban core.