1611 W Broad Street, Richmond, VA 23220 (MLS # 2408295)

Price $999,950
Status Active
Size 5,823 sqft
Lot Size 6,722 sqft
Days on Market 52
The Cabell Childress Group and Long and Foster are pleased to offer 1611 W Broad St, a unique commercial property, for sale. This exceptional commercial property offers an unparalleled opportunity to establish your business in the vibrant heart of Richmond's bustling Broad Street Corridor. Boasting a coveted location mere steps away from Virginia Commonwealth University (VCU) and the Pulse rapid transit line, this property is perfectly positioned to capitalize on the area's dynamic growth and redevelopment. Situated just moments away from VCU's campus, this property benefits from a constant flow of foot traffic, providing an ideal customer base for retail, dining, and service-oriented businesses. The nearby Pulse rapid transit line on Broad Street ensures easy accessibility for customers and employees alike, enhancing the property's visibility and connectivity within the city. With ongoing revitalization efforts transforming the Broad Street Corridor into a premier destination for commerce and entertainment, this property offers a unique opportunity to be part of a rapidly evolving urban landscape. The spacious interior, with over 5800 square feet, offers endless possibilities for retail, office, or restaurant use, with ample square footage to accommodate your business needs. Currently set up as a retail space in the front with a large warehouse in the back, this property offers limitless flexibility for its next user. Boasting prominent frontage along bustling West Broad Street, this property offers excellent exposure to both vehicular and pedestrian traffic, maximizing visibility and brand awareness. Join a diverse array of businesses, restaurants, and cultural institutions in one of Richmond's most dynamic and rapidly growing neighborhoods. With the Broad Street Corridor poised for continued growth and development, investing in this prime commercial property presents a lucrative opportunity for future appreciation and success.
Property Type(s): Commercial
Last Updated 4/18/2024 Year Built 1930
Community 10 - Richmond County Richmond City

Additional Details

AREA 10 - Richmond
BUYER'S BROKERAGE COMPENSATION 2.50
CONSTRUCTION Brick, Metal Siding, Vinyl Siding
HEAT Baseboard, Natural Gas
LOT 6721 sq ft
LOT DIMENSIONS 120x56
SEWER Public Sewer
STORIES 1
WATER Public
ZONING 36

Location

 

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Listed with Long & Foster REALTORS

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Last Updated: 5/19/24 9:41 AM PDT

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