1731 E Main Street

    Richmond, VA 23223
    • $2,250,000
    • STATUS: Active
    • ON SITE: 625 days
    • MLS #: 1807362
    UPDATED: 136 min ago
    $2,250,000
    • 0
      BEDS
    • 0.41
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1845
    County:

    School Ratings & Info

    Description

    1725, 1727, 1729, 1731 E. Main St and 2 S. 18th St consists of 4 buildings with 4 Retail spaces and 11 Apartments (9 1-bedroom and 2 2-bedroom) w/100% occupancy.This is part of a portfolio listing that can be purchased together or in 3 sales:-Full Portfolio 21,335 finished sf includes 6 Brick Buildings with 95% occupancy, ability to add square footage and/or add value to interiors of individual units (renovated units, new roofs).$3,650,000-4 buildings w/ 8 apts. and 4 retail spaces at 1725, 1727/29, 1731 E. Main St and 11 S. 18th St . $2,250,000-1 building w/ 3 apts., 1 retail l spaces at 1726 E. Main St. $950,000-11 S. 15th St 1-story retail bldg. $475,000Across from Main Street Station and Farmer's Market, zoned B5 on .41 acres and current cap rate of 5.8% with enormous upside including value-add in 6 Retail and 11 Residential units and opportunities for additional square footage in rear and rooftop patio(s) OPPORTUNITY ZONE, Eligible for HISTORIC TAX CREDITs and TAX ABATEMENT

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    All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2019 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2019-11-19T23:56:55.063.
    www.thervalife.com/homes/81265346

    1731 E Main Street Richmond, VA 23223

    • Price: $2,250,000
    • Status: Active
    • Updated: 136 min ago
    • MLS #: 1807362
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.41
    Acres
    1845
    Built
    Neighborhood:
    10 - Richmond
    County:
    Richmond City
    Area:
    10 - Richmond
    Property Description
    1725, 1727, 1729, 1731 E. Main St and 2 S. 18th St consists of 4 buildings with 4 Retail spaces and 11 Apartments (9 1-bedroom and 2 2-bedroom) w/100% occupancy.This is part of a portfolio listing that can be purchased together or in 3 sales:-Full Portfolio 21,335 finished sf includes 6 Brick Buildings with 95% occupancy, ability to add square footage and/or add value to interiors of individual units (renovated units, new roofs).$3,650,000-4 buildings w/ 8 apts. and 4 retail spaces at 1725, 1727/29, 1731 E. Main St and 11 S. 18th St . $2,250,000-1 building w/ 3 apts., 1 retail l spaces at 1726 E. Main St. $950,000-11 S. 15th St 1-story retail bldg. $475,000Across from Main Street Station and Farmer's Market, zoned B5 on .41 acres and current cap rate of 5.8% with enormous upside including value-add in 6 Retail and 11 Residential units and opportunities for additional square footage in rear and rooftop patio(s) OPPORTUNITY ZONE, Eligible for HISTORIC TAX CREDITs and TAX ABATEMENT
    Exterior Features

    Doors 10 Ft. - 15 Ft. Doors Drainage Good Fence Condition N/A Fence Type None Irrigation None Num Levels 4.00 Road Type City Maintained Road Roof CompositionMetalRubber Storage YN Yes Topography Level

    Interior Features

    Disability Equipped YN No Elevator YN No Heating Cooling Central AirHeat Pump Rentable Sq Ft 19000 Rooms Entered 17 Total Building Sq Ft 19000

    Property Features

    Assessed Improved 2141000 Assessed Total 2141000 Assessed Year 2017 Availability Type Sale Building Condition Good Effective Gross Operating Expenses 46681 Enterprise Zone YN No Land Type Multi-Family Lot .41 Owner Agent YN No Ownership InvestmentOwner-User Pct Occupied 95.0000 Possession At Closing Potential Use Mixed-Uses: Residential And Retail Sewer Sanitary Sewer Tenancy Multiple Water Source Public Water Year Blt Desc Renovated Zoning B5

    Listing courtesy of Joyner Fine Properties. Listing information © 2019 CVRMLS and CBRAR.


    All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2019 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2019-11-19T23:56:55.063.
     
    Small & Associates, Inc. Real Estate
    5413 Patterson Ave., Suite 200
    Richmond VA, 23226