3309 Leigh St Richmond, VA 23230-4411

Property Details for 3309 Leigh St

Year built

1950

Construction

TYPE NOT SPECIFIED

Lot size

0.26 lot acres

Property size

5,000 SF

Zone code

M-1 LIGHT INDUSTRIAL

Property type

Warehouses

APN

N-000-1785-002

APU

N0001785002

Description

This exceptional 5,000-square-foot mixed-use property in Richmond, Virginia's vibrant Scott's Addition neighborhood presents a compelling investment opportunity. Located at 3309 W Leigh St, zip code 23230, this single-story building, constructed in 1950 and renovated in 1990, sits on an 11,255-square-foot lot and is zoned M-1. The property boasts a versatile layout, including a substantial 3,000-square-foot warehouse space complemented by 2,000 square feet of office area. Office features include a full kitchen, reception area, two bathrooms, and seven smaller individual offices. The building also includes a covered loading dock, two loading/garage-style bays, and on-site parking, with additional parking available adjacent to the loading dock. Currently leased under a NNN (Net, Net, Net) agreement with a single tenant until January 31, 2026, offering a remaining lease term of approximately 1.2 years. The asking price is $1,675,000, translating to $335 per square foot. This prime location offers high foot traffic and proximity to popular establishments, making it ideal for a variety of commercial uses. The property's blend of warehouse and office space, coupled with its desirable location, makes it a strong contender for investors seeking a stable income stream and significant potential for future growth.