315 2Nd StRichmond, VA 23219

Property Details for 315 2Nd St

Year built

1910

Construction

TYPE NOT SPECIFIED

Property size (Sq ft)

700 SF

Zone code

B-4 CENTRAL BUSINESS

Property type

Commercial real estate

APN

N-000-0037-037

APU

N0000037037

Description

This exceptional 700-square-foot commercial space, situated in Richmond, Virginia's vibrant Historic Jackson Ward District at 315 N 2nd St (cross street: East Broad Street), presents a unique investment opportunity. Currently configured as a restaurant, this single-tenant property offers significant potential for various uses, including retail. The space boasts a fully functional kitchen hood, ideal for a food service establishment, or easily adaptable for retail purposes. Adding to its functionality is an additional 200 square feet of basement storage, providing ample space for inventory or equipment. The property benefits from its prime location, enjoying high foot traffic due to its proximity to Main Street and other thriving businesses. The building's occupancy rate is 100%, indicating a strong and stable tenant base. Its strategic location next to the VCU Police Department and the Convention Center further enhances its visibility and accessibility. This 2nd generation restaurant space is ready for immediate occupancy and offers a compelling opportunity to establish a successful business in a highly desirable area of Richmond, VA, zip code 23219. The property is easily accessible and benefits from excellent visibility.

• Alternative Use

  Use

  Valuation

  Residential

  $176,842

  Hospitality

  $161,986

  Educational

  $134,770

  Medical

  $139,405

  Retail

  $209,643

Location Insight

City

Richmond

County

Richmond City

State

Virginia

Latitude

37.5451

Longitude

-77.4395

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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