19 18th St Richmond, VA 23223-6901
This exceptional mixed-use property in Richmond, Virginia's vibrant Shockoe Bottom, presents a unique owner-user opportunity. The 2,825 square foot building, constructed in 1910, boasts a well-established ground-floor restaurant space complete with a cozy dining area, large bar, and full kitchen. Upstairs, a spacious, updated two-bedroom apartment features an open living/dining area, a private balcony, and in-unit laundry. Currently 100% occupied, this property offers significant upside potential with below-market rent for the apartment. Six off-street parking spaces are included, a rare find in this desirable location. The property sits on a 0.079-acre lot and is zoned B-5, allowing for a variety of uses. Its prime corner location at 19 N 18th St offers impressive visibility and accessibility, just a block from the 17th Street Farmers Market. This is an ideal investment for a restaurant operator seeking to own their space in a thriving historic neighborhood. The asking price is $699,000, with a price per square foot of $247.43. The property consists of two parcels (APN: E0000132038 & E0000132039) and is a two-story building.
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La Bamba | Mexican Restaurant Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-5 CENTRAL BUSINESS · Richmond, VARichmond. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.