For Sale
$3,700,000

1650 Willow Lawn Dr Richmond, VA 23230

Richmond Office Building, Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 17,749 square foot office building, located at 1650 Willow Lawn Drive in Richmond, Virginia, presents a compelling investment opportunity. Built in 1989, this three-story structure sits on a 1.156-acre lot and features a desirable B-1 zoning designation. The property boasts a prominent corner location with excellent street visibility, enhanced by its attractive brick exterior. The building comprises approximately 13,951 square feet of traditional and creative office space, spread across two floors, and a ground floor previously occupied by a bank, including a drive-thru and ATM. This former bank space adds 3,085 square feet to the total area. An additional 713 square feet of covered mall space and 60 parking spots further enhance the property's appeal. The building's location within a revitalized commercial neighborhood, adjacent to the thriving Willow Lawn shopping center, ensures high foot traffic and visibility. This property is ideal for owner-occupancy or presents significant potential for redevelopment into multi-family or condo units. The asking price is $3,700,000, translating to $208.46 per square foot. The property's APN is 772-737-9849, and it is owned by Clm LLC.

Highlights

  • Former bank branch, 10+ years of operation.
  • Drive-thru available.
  • 17,749 square foot building.
  • 1.156-acre lot.

Property Details for 1650 Willow Lawn Dr

Property type
Office properties, Office space
Square Feet
17,749 SF
Year Built
1989
Buildings
1
Stories
3
Lot Size (sq. ft)
50,355 SF

Location Insight

City
Richmond
County
Henrico
State
Virginia
Latitude
37.583477843186
Longitude
-77.498622918936

FAQs

What type of property is this?
Office property - Richmond Office Building, Redevelopment Potential
Where is the office property located?
The property is located at 1650 Willow Lawn Dr Richmond, VA.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Former bank branch, 10+ years of operation.; Drive-thru available.; 17,749 square foot building.
How can I contact the broker?
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1650 Willow Lawn Dr
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