1209 Hull StRichmond, VA 23224
- Residential income properties
- 19,644 SF
Property Details for 1209 Hull St
- Year built
- 1920
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.30 AC
- Property size (Sq ft)
- 19,644 SF
- Zone code
- UB2-PE URBAN BUS.-PARKING
- Property type
- Residential income properties
- Property subtype
- Other apartment buildings
- APN
- S-000-0085-018
- APU
- S0000085018
Description
This exceptional 4,810 square foot, fully renovated restaurant and brewery space in Richmond, VA's vibrant Manchester neighborhood presents a unique investment opportunity. Located at 1209 Hull Street, this single-tenant property boasts a dramatic rooftop bar offering stunning city views – a unique amenity in Manchester. The impeccably renovated interior features high-end finishes and furnishings, creating a modern yet historically charming atmosphere. The ground floor includes a large elevated bar, ample booth and table seating, and a mezzanine suitable for conversion into a private dining room. A spacious brewery/production annex is ideal for brewing and distribution, catering to Manchester's growing community and the broader Richmond MSA. Built in 1920, this three-story building sits on a 0.29-acre lot and totals 19,644 square feet, zoned B-5. The property includes all furniture, fixtures, and equipment (FF&E), making it a truly turnkey operation. This dual-purpose space is perfectly positioned to create a destination brewery and dining experience. APN: S0000085018.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,519,339
- 6.5%
- $4,171,698
- 7%
- $3,873,719
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,417,230
- Geo Method
- $5,085,154
-
Alternative Use
- Use
- Valuation
- Residential
- $4,171,698
- Hospitality
- $3,821,252
- Educational
- $3,179,237
- Medical
- $3,288,576
- Retail
- $4,945,480
Location Insight
- City
- Richmond
- County
- Richmond City
- State
- Virginia
- Latitude
- 37.5211
- Longitude
- -77.4446
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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