Welcome to 1627 W Main St, a historic mixed-use property nestled in the heart of Richmond's vibrant Fan District. Built in 1900, this two-story brick building offers a unique blend of commercial and residential opportunities.
Property Highlights:
Size: Approximately 1,919 square feet of built-out restaurant space. Plus one three bed/two bath apartment and one single bed/bath apartment.
Zoning: Designated as B-1/UB.
Location: Situated on a 0.06-acre lot with 35 feet of frontage on W Main St, providing excellent visibility and accessibility.
Interior Features:
Commercial Space: The ground floor has housed one of Richmond’s premier restaurant destinations for the past 12 years. This lease would be re-negotiated as part of a sale.
Residential Units: Large windows and plenty of light along with the convenience and charm of Fan living ensure that these units are rented quickly. Both units are currently occupied.
Neighborhood Amenities:
Proximity to VCU: Just minutes away from Virginia Commonwealth University, making it attractive to students and faculty.
Cultural Attractions: Close to the Museum District, offering easy access to Richmond's rich cultural scene.
Dining and Entertainment: Surrounded by a diverse array of restaurants, cafes, and shops, providing a lively urban experience.
Investment Potential:
Fan real estate continues to be in high demand with very few properties trading annually. Owning a piece of Richmond’s history in the Fan District is a rare opportunity indeed.
Additional Information:
Year Built: 1900
Building Class: C
Tenancy: Multiple
Building FAR: 0.80