2719 Chamberlayne Ave Richmond, VA 23222-3503
This newly renovated, vacant commercial property at 2719 Chamberlayne Ave, Richmond, VA 23222, presents a unique owner-user opportunity. The 2,410 square foot building, constructed in 1925 and situated on a 0.234-acre lot (APN N0000691038), boasts a flexible B-2 zoning designation. Permitted uses include, but are not limited to, daycare facilities (both child and adult), office space (creative and traditional), retail, church space, and contractor operations. The property features premium finishes throughout, including a fully equipped kitchen with stainless steel appliances and granite countertops. A significant advantage is the inclusion of a detached two-car garage, adding 380 square feet of usable space. The large backyard is enclosed by new fencing. This highly visible location in Richmond's rapidly developing Northside offers exceptional potential for a variety of businesses seeking a prime location. The two-story building offers ample space for a variety of uses. This is an ideal investment for an owner-occupant seeking a move-in ready space or an investor looking for a strong return in a thriving area. The property is currently vacant and ready for immediate occupancy.
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-2 COMMUNITY 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.