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Property profile & analytics

206 Broad St Richmond, VA 23219-1736

  • Retail space
  • 3,946 SF
  • 0.10 lot acres
OFF-MARKET
Last Sale
Apr 28, 2025
$950,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US87-0954522
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • New York Fashions / Men'S Clothing Store

Property Details for 206 Broad St

Year built
1940
Construction
TYPE NOT SPECIFIED
Lot size
0.10 lot acres
Property size
3,946 SF
Zone code
B-4 CENTRAL BUSINESS
Property type
Retail space
APN
N-000-0037-027
APU
N0000037027

Description

This exceptional mixed-use commercial property, located at 206 W Broad Street in Richmond, Virginia, presents a unique investment opportunity. The building encompasses a substantial 5,543 square feet and offers a versatile blend of office and multi-family residential space. Its strategic location in Richmond ensures high visibility and accessibility, making it ideal for a variety of businesses and tenants. The property's layout allows for flexible configurations, catering to diverse operational needs. The building's current configuration is suited for both commercial office use and multi-family residential occupancy, providing a strong foundation for immediate income generation and long-term growth. The asking price of $1,200,000 reflects the property's significant potential for return on investment. This is a rare chance to acquire a well-situated mixed-use property in a thriving urban environment. The property sits on a lot with no acreage, making it a compact and efficient investment. Serious inquiries are encouraged to explore the full potential of this remarkable opportunity. Detailed financial information and property plans are available upon request. Don't miss this chance to secure a valuable asset in a dynamic and growing market. This property is being offered as-is.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Richmond
County
Richmond City
State
Virginia
Longitude
-77.4396
Latitude
37.5447
CBSA code
40060
CBSA name
RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$20
$473,000
$83,000
$556,000
-
$473,000
$83,000
$556,000
More about this property
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