505 Main StRichmond, VA 23219

This exceptional mixed-use property at 505 E Main St, Richmond, VA 23219 presents a unique investment opportunity. The building, classified as a Class B property, boasts a total of 3,954 square feet spread across two stories. The property includes a 1,318 square foot apartment currently generating a monthly rental income of $1,500, providing immediate cash flow. In addition to the residential component, there is 2,634 square feet of office space, ideal for an owner-occupant or for lease to generate additional income. The property features two dedicated parking spaces, a valuable asset in a bustling urban environment. This property is being sold "As-Is," allowing for flexibility and potential for renovation or customization to suit the buyer's specific needs. Located in the heart of Richmond, this mixed-use building offers excellent visibility and accessibility, making it an attractive proposition for investors seeking a blend of residential and commercial income streams. The property's strong rental income and versatile layout make it a compelling investment opportunity in a thriving Virginia market. The convenient location and existing income stream make this a truly attractive proposition.