Sold
2012-2018 E Broad St
Richmond VA, 23223
$1,650,000
$226.74 per sqft
Sold
7,277 sqft
Commercial
Built in 1995
This site offers a shovel ready for-sale development opportunity. At just under half an acre the site is fully entitled and permitted for the development of 18 housing units. The historic existing brick building is permitted for 10 apartments or condominiums and the remainder of the property has been platted for 8 parcels for the development of 8 three-story townhomes with modern aesthetic as approved by the City's Commission of Architectural Review. A fully approved project in such a desirable location like this does not come along very often! This ideal location is situated within walking distance to Downtown's Central Business District, Shockoe Bottom and the VCU Medical Center and offers a unique opportunity for an infill development on Richmond's prominent East Broad Street. The approved townhouses range in size from 800 to 1,925 square feet and feature upper level living areas and garage parking. The approved multifamily plan includes the potential for one unit to be a commercial space and the loft style residential units are perfect for young professionals and medical students that flock to this part of the City.
2221570
MLSⓇ ID
July 22, 2022
Listed
April 12, 2024
Updated
Map
2012-2018 E Broad St
Richmond VA, 23223
Interior Features
Fireplace
No
Cooling
No
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
0.44 Acres
Lot Features
Level
Roof
Built-Up
Sewer
Public Sewer
Other Property Details
Area Name
10 - Richmond
Days on Market
128
Garage
No
View
No
County
Richmond City
Water Source
Public
Pool
No
Buyer Agency Compensation
3%
Courtesy of One South Realty Group, LLC
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 listings are ©2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
Date last updated: 4/12/2024