1703 E Main Street Richmond, VA ^$ 1,400,000

1703 E Main Street

^$ 1,400,000

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Recently Listed

1703 E Main Street

Richmond, VA, 23223

^$ 1,400,000

Studio Baths0.0 Sq 8,244

Monthly Estimate*

^$ 9,779

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Studio

Commercial Property for sale in Richmond, VA

for $1,400,000. This 8,244 square foot building was built in 1875 on a lot size of 0.029.

Mixed-use opportunity in the heart of Richmond’s Shockoe Bottom neighborhood. The property consists of four 3 bedroom/ 2 bathroom apartments and a 2,500 SF office/ retail space on the ground floor. All four apartments boast hardwood floors, large bedrooms and private balconies. The commercial space provides ample opportunity for an owner occupant to placer their business in this highly visible central location while collecting income from the apartments above. 1705 E Main Street stands as a strong property for some looking to expand their Richmond real estate portfolio or enter the market with a splash!

Commercial Active

Price

^$ 1,400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial Sale

Lot Size

0.029

Year Built

1875

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2411826

Features

General

Sewer PublicSewer

Cooling CentralAir

Possession CloseOfEscrow

Roof Flat

Construction Materials Brick

Year Built 1875

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

Total Rooms 25

Status Active

View Y/N N

Senior Community Y/N N

Zoning Description B-4

MLS Area 10 - Richmond

Waterfront Y/N N

Carport Y/N N

Street Name Main

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Property Condition GoodCondition

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 16

Standard Status Active

Tax Assessed Value 0

Exterior

Lot Features Level

Water Source CommunityCoop

Lot Size Area 0.029

Spa N

Building Area Total 8244.0

Lot Size Acres 0.029

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

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

* Excluded Features

List By

Isaac Weintz

Listing Agent

One South Commercial Llc

Broker

isaac.weintz@onesouthrealty.com

Affordability Calculator

$9,779

Per Month

Monthly Principal & Interest: $9,779
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Commerical listings in Richmond, VA

Average List Price ^$1,250,089

Percent of Sale Price 11%

About Richmond, VA

228,048 Population

15% Since 2002

^$44,360 Median Income

34.76 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1821039 Elementary School

1821205 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/8/2024	$1,400,000		Listed Price

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1703 E Main Street, Richmond, VA, 23223 is a Commercial Property for sale at $1,400,000 with 8,244 sqft and a lot size of 0.029. 1703 E Main Street is a studio with 0.0 baths and was built in 1875. The property's zip code is 23223 which is in Richmond, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Properties marked with the CVRMLS icon are provided courtesy of Central Virginia Regional Multiple Listing Service, LLC and detailed information about them includes the name of the listing brokers.

The multiple listing information is provided by Central Virginia Regional Multiple Listing Service, LLC from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 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 is updated as of 5/19/2024.

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1703 E Main Street

Commercial Property for sale in Richmond, VA

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