402 1/2 N 2nd St - Storefront Retail/Residential FOR SALE


Richmond, VA 23219- Jackson Ward
$899,950 USD
804-944-9272
402 1/2 N 2nd St, Richmond, VA for Sale
$899,950 USD
Storefront Retail/Residential - FOR SALE
1/16
null | Request Cap Rate

402 1/2 N 2nd St
Richmond, VA 23219
Jackson Ward


HIGHLIGHTS

  • High 7’s Cap Rate with Strong Rental History.
  • Apartment over Retail.
  • 4% Annual Income Increases.
  • Jackson Ward near Convention Center & VCU Hospital.
  • Investment or Future Owner-Occupant.
  • Includes Basement.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$899,950 USD

PRICE/SF

$333 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,812 SF

ZONING

B-4

APN/PARCEL ID

N000-0061-019

ASK ABOUT THIS PROPERTY

Andrew PegalisS.L. Nusbaum Realty Co.More Info
804-944-9272

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Andrew PegalisS.L. Nusbaum Realty Co.More Info
804-944-9272

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.