For Lease
$27/SF/YR

1101 Azalea Ave Richmond, VA 23227

Former Bank, 3 Drive-Thrus, High Visibility

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 2,676 square foot former bank building presents a unique investment opportunity in Richmond, Virginia. Situated on a 0.66-acre lot on Azalea Avenue, north of the downtown area, this single-tenant property boasts unparalleled visibility due to its location along a major corridor and two lighted intersections. The building features three existing drive-thru lanes, two full access points from Azalea Avenue, and ample parking for 35+ vehicles. The property benefits from high traffic counts, with over 17,000 vehicles passing daily. Built in 1981, the one-story building is zoned B-2 (Community Business), allowing for a wide variety of retail and commercial uses. Ideal for redevelopment or immediate occupancy, potential uses include a bank, coffee shop, quick-service restaurant (QSR), or other similar businesses. The large, unobstructed pylon sign offers excellent branding potential. This property offers a rare combination of location, accessibility, and existing infrastructure, making it an attractive proposition for discerning investors and businesses seeking a high-impact presence in a thriving market. The property's APN is N0170079027.

Highlights

  • 2,676 SF former bank building on a 0.66-acre lot.
  • Three drive-thru lanes and two access points on Azalea Ave.
  • High visibility location with 17,000+ vehicles per day.
  • B-2 zoning allows for various retail/commercial uses, including redevelopment.
  • 35+ parking spaces.

Property Details for 1101 Azalea Ave

Property type
Retail properties, Drive through restaurants
RSF (Rentable sq. ft)
2,676 SF
Year Built
1981
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
2,676 SF
Rate per SF
$27

Location Insight

City
Richmond
County
Richmond City
State
Virginia
Latitude
37.601626448933
Longitude
-77.451939334696

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FAQs

What type of property is this?
Retail property - Former Bank, 3 Drive-Thrus, High Visibility
Where is the retail property located?
The property is located at 1101 Azalea Ave Richmond, VA.
What is the lease rate?
The lease rate is $27/SF/YR.
What are key features of this property?
This property features: 2,676 SF former bank building on a 0.66-acre lot.; Three drive-thru lanes and two access points on Azalea Ave.; High visibility location with 17,000+ vehicles per day.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Contacts

Ian Webster
Ian Webster
Wood Belcher
Wood Belcher
Visit Broker Website

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Azalea Ave
Richmond, VA 23227

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Azalea Ave
Richmond, VA 23227

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

1101 Azalea Ave
  • Ian Webster
    Ian Webster
  • Wood Belcher
    Wood Belcher
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