231 Richmond Highway Richmond, VA $ 375,000
231 Richmond Highway
$ 375,000
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231 Richmond Highway

Richmond, VA, 23224
$ 375,000
Baths0.0

Monthly Estimate*

$ 2,619

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Studio

Commercial Property for sale in Richmond, VA

for $375,000. This building was built in 1920 on a lot size of 0.17.

Endless Possibilities with this charming and updated 1920's Richmond City property! 231 Richmond Highway is utilized as a 5 bedroom 3 1/2 bathroom home, however, current City of Richmond zoning allows for B-3 (General Business) commercial use! The main home has been updated to include marble and tile flooring as well as original hardwoods. Stainless steel appliances, newer fixtures and plenty of updates! Inside dedicated home office space! Original exterior porches have been enclosed, increasing the home to 2933 sq.ft.! MASSIVE detached rear metal building with TONS of storage space and a huge bay door to allow for many possible business opportunities or personal use! Inside detached metal building is also a 570 sq.ft. 1 bedroom / 1 bathroom apartment!!! The rear metal building has private and easy access from the street, which includes direct entry and exit access from inside the rear privacy fenced yard and street. Zoned for B-3 commercial use this could generate significant income for an investor by renting home, separate apartment & rear garage individually!

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Commercial Active

Price

$ 375,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial Sale

Lot Size

0.17

Year Built

1920

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2313336

Features
General
Sewer PublicSewer
Heating Electric
Cooling CentralAir
Possession CloseOfEscrow
Year Built 1920
Stories 2
Levels Two
County Richmond City
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Total Rooms 11
Status Active
View Y/N N
Senior Community Y/N N
MLS Area 50 - Richmond
Waterfront Y/N N
Carport Y/N N
Street Name Richmond
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 138
Standard Status Active
Tax Assessed Value 0
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Exterior
Water Source Public
Lot Size Area 0.17
Spa N
Lot Size Acres 0.17
Lot Size Units Acres
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
Street Suffix Highway
Electric On Property Y/N N
Total Baths 0
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* Excluded Features
List By
Michael Latimer

Listing Agent

Commonwealth Real Estate Co

Broker

mike@selling804.com

Email

Affordability Calculator

$2,619
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,619
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
1821039 Elementary School
1821205 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/3/2023$300,000 -31.03% Price Down
6/2/2023$435,000 Listed Price

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231 Richmond Highway, Richmond, VA, 23224 is a Commercial Property for sale at $375,000 with a lot size of 0.17. 231 Richmond Highway is a studio with 0.0 baths and was built in 1920. The property's zip code is 23224 which is in Richmond, VA