402 1/2 N 2nd St
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402 1/2 N 2nd St
2,700 SF 100% Leased Retail Building Richmond, VA 23219 For Sale
Investment Highlights
- Low 7's Cap Rate.
- Strong Rental History.
- Investment or Future Owner-Occupant.
- Apartment over Retail.
- Jackson Ward near Convention Center & VCU Hospital.
- Includes Basement.
Executive Summary
2nd Gen Fully-Equipped Bakery/Coffee Shop with Sidewalk Seating, Studio & Apartment. Retail Space (Ground Floor): ±1,750 SF, Retail Basement: ±1,695 SF and Apartment: ±975 SF. Apartment highlights include 2 bed/1 bath configuration with washer/dryer included. There is a small room that could be used as an office or a very large walk-in closet.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,700 SF
Building Class
C
Year Built
1910
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
1.49
Land Acres
0.04 AC
Opportunity Zone
Yes
Zoning
B-4 - Central Business District
Walk Score ®
Walker's Paradise (97)
Bike Score ®
Very Bikeable (85)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | N000-0061-019 | Improvements Assessment | £211,452 |
| Land Assessment | £64,698 | Total Assessment | £276,150 |
PROPERTY TAXES
Parcel Number
N000-0061-019
Land Assessment
£64,698
Improvements Assessment
£211,452
Total Assessment
£276,150
-
Andrew Pegalis -
Nathan Shor -
S.L. Nusbaum Realty Co.
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402 1/2 N 2nd St
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