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Fully Occupied Mixed-Use Investment Opportunity at the "Gateway to Richmond", just off I-64 within steps of the VCU campus, in a vibrant, pedestrian-oriented location, located at the Costar Center for Arts, a 212,000-square-foot innovation hub currently under construction, with studios, galleries, performance centers, and collaborative workspaces, fostering a marketplace of diversity and innovation, at VCU's Institute for Contemporary Arts, The property features three 1-bedroom, 1-bath apartments, one 2-bedroom, 2-bath apartment, and 2450sf commercial space. It was completely renovated in 2015, blending historic charm with modern upgrades. The commercial restaurant space is in excellent condition and equipped with a 15' stainless hood, exhaust system, gas stove, large walk-in refrigerator, grease trap, and sprinkler system. The restaurant lease has 4 years remaining and the property is sold 'As Is", Showings begin June 6th.
| DAYS ON MARKET | 3 | LAST UPDATED | 5/31/2025 |
|---|---|---|---|
| TRACT | NONE AVAILABLE | YEAR BUILT | 1919 |
| COUNTY | RICHMOND CITY | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | RICHMOND CITY PUBLIC SCHOOLS |
|---|---|
| Elementary School | GEORGE WASHINGTON CARVER |
| Jr. High School | ALBERT HILL |
| High School | THOMAS JEFFERSON |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Blown-In Insulation, Brick |
| HEAT | Central, Electric |
| LOT | 3049 sq ft |
| LOT DIMENSIONS | 18.00 x 155.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | NONE AVAILABLE |
| TAXES | 13608 |
| VIEW | Yes |
| VIEW DESCRIPTION | Street |
| WATER | Public |
| ZONING | Mixed-Use: Retail and Residential Uses |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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