1201 25Th St Richmond, VA 23223

This exceptional investment opportunity presents a 3,319 square foot multi-tenant retail building situated on a 0.25-acre lot at 1201 and 1205 N 25th St in Richmond, Virginia's vibrant Church Hill neighborhood. Built in 1924, this nostalgic building boasts a structurally sound concrete slab foundation, large windows and garage doors on all sides, a new metal roof and steel roof trusses, and a spacious rear yard with bay doors. The property features a tin ceiling in the carport, convenient sidewalks, and rear alley access. The B-2 zoning permits a variety of uses, including restaurant/cafe, retail, service businesses, and even apartments, making it ideal for both owner-occupiers and investors. Its prime corner location on 25th Street offers exceptional visibility and easy access. The property benefits from its proximity to key attractions, including the Medical College of Virginia (MCV) and Virginia Commonwealth University (VCU), Interstate 64, the 25th Street Market, and the J. Sargeant Reynolds Culinary Institute, all within a one-mile radius. Furthermore, this property is located in an Opportunity Zone and is poised to benefit from the ongoing redevelopment of the 2500 block of 25th Street, which is expected to feature robust pedestrian-oriented mixed-use developments. The additional lot provides ample parking. This is a rare chance to acquire a versatile commercial property in a rapidly growing area of Richmond. The APN is E000-0561-019. The zip code is 23223.