704 Dawn St, Richmond, VA 23222-4816
This 7,891 square foot property in Richmond, Virginia, presents a unique investment opportunity. Located at 704 Dawn St, in Henrico County (zip code 23222), this flex space boasts a versatile layout ideal for various uses. Originally built in 1959 and extensively renovated in 2018, the property features a 1,200 square foot tasting room with three-sided windows and a 1,500 square foot outdoor deck. The 6,700 square foot warehouse component includes a loading dock, multiple offices, and ample storage. The warehouse's rear, facing Dawn Street, offers a separate street-level entrance, potentially adaptable into retail space. The property sits on a 0.41-acre lot and includes 13 on-site parking spaces. It's zoned M-1 and benefits from three-phase electric service. The building is fully climate-controlled. A significant advantage is its location in a growing redevelopment area, with a proposed 44-unit apartment building across the street. The current tenant is relocating, making this an excellent chance to acquire a well-maintained property with high potential for future development.
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Tabol Brewing Production Facility Brewery & Distillery
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Anytime Beer Company Production Facility Brewery & Distillery
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
M-1 LIGHT INDUSTRIAL · 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.