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Property profile & analytics
OFF-MARKET
Retail space

206 Broad St Richmond, VA 23219-1736

3,946 SF 0.1 ac lot Built 1940
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US87-0954522
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Construction TYPE NOT SPECIFIED
Total area 3,946 SF
Lot 0.1 ac (4,499 SF)
Zoning code B-4 CENTRAL BUSINESS
APN N-000-0037-027
UPID US87-0954522
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • New York Fashions Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Saddam Hulaiqa · 1 yrs held
Saddam Hulaiqa
since 2025
Last sale
$950,000
3 recorded transactions
2025
$950,000
2022
Price N/A
2016
$305,000
Zoning & alternative use
B-4 CENTRAL BUSINESS · Richmond, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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