18 W Broad Street Richmond, VA $ 1,350,000
18 W Broad Street
$ 1,350,000
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18 W Broad Street

Richmond, VA, 23220
$ 1,350,000
Baths0.0 Sq 8,046

Monthly Estimate*

$ 9,430

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Studio

Commercial Property for sale in Richmond, VA

for $1,350,000. This 8,046 square foot building was built in 1920 on a lot size of 0.053.

18 W Broad is a “turn-key” investment opportunity located in the heart of Richmond’s Arts District. This beautifully renovated 3-story historic mixed use building, located at the corner of W Broad St and N Adams next to Richmond’s beloved Maggie Walker monument, is a true gem of the City's architectural heritage. Built in 1920, 18 W Broad St comprises a total of six (6) units: four (4) residential units located on the 2nd and 3rd floors, accessible via dual stairwells, one (1) residential unit located on the ground floor, and one (1) ground floor retail commercial space. The five (5) apartment units have primarily performed as short term rentals over the last few years while the 2,500 SF retail storefront offers an elegant high visibility presence for either a retail or creative office user at a prominent corner of the N Adams / W Broad triangle. Four (4) out of the five (5) apartment units have been newly renovated and include all furnishings for residents and tenants alike seeking a unique urban living experience.

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Commercial Pending

Price

$ 1,350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial Sale

Lot Size

0.053

Year Built

1920

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2328239

Features
General
Sewer PublicSewer
Cooling CentralAir
Possession CloseOfEscrow
Roof Flat
Construction Materials Brick
Year Built 1920
Stories 3
Topography Level
Levels ThreeOrMore
Percent Ownership Investment Owner-User
County Richmond City
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Possible Use Retail
Garage Y/N N
Building Features MultiTenant
Status Pending
View Y/N N
Senior Community Y/N N
MLS Area 10 - Richmond
Waterfront Y/N N
Carport Y/N N
Street Name Broad
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Property Condition VeryGoodCondition
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 155
Standard Status Pending
Tax Assessed Value 0
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Exterior
Lot Features Level
Water Source Public
Lot Size Area 0.053
Spa N
Building Area Total 8046.0
Lot Size Acres 0.053
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 3
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Full Baths 0
Half Baths 0
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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* Excluded Features
List By
Thomas Rosman

Listing Agent

One South Commercial Llc

Broker

tom.rosman@onesouthcommercial.com

Email

Affordability Calculator

$9,430
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,430
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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Nearby
1821039 Elementary School
1821205 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2023$1,350,000 Listed Price

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18 W Broad Street, Richmond, VA, 23220 is a Commercial Property for sale at $1,350,000 with 8,046 sqft and a lot size of 0.053. 18 W Broad Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 23220 which is in Richmond, VA