Property summary
This exceptional 1,934-square-foot free-standing retail building is ideally situated at the corner of West Broad Street and Skipwith Road in Richmond, Virginia. Boasting high visibility and excellent street exposure, this property presents a unique opportunity for a variety of businesses. The building, constructed in 1977, is classified as Class B and sits on a sizable 0.71-acre lot, offering ample space for parking and potential expansion. Currently vacant, the entire 1,934 square feet is available for lease. The property is zoned B-3, allowing for a range of commercial uses. Its single-tenancy structure provides a unique opportunity for a business seeking a standalone presence in a high-traffic area. The address is 8701 W. Broad St, Richmond, VA 23294. This location offers easy access to major roadways and a strong customer base. The property's automotive and street retail subtype makes it particularly suitable for businesses needing high visibility and convenient access for customers. This is a rare opportunity to secure a prominent retail space in a thriving Richmond commercial district. The property's size and location make it an attractive option for businesses seeking a strong foothold in the market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-3 · Henrico, VAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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