$650,000
$700,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
16 E Marshall ST Richmond, VA 23219
7,080 SqFt
Key Details
Sold Price $650,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 7,080 sqft
Price per Sqft $91
MLS Listing ID 2307117
Sold Date 05/11/23
HOA Y/N No
Year Built 1920
Lot Size 4,586 Sqft
Acres 0.1053
Property Description
UNIQUE OPPORTUNITY IN THE HEART OF HISTORIC JACKSON WARD! Originally a 2-story open warehouse, this property can be reutilized in many different directions based on zoning. Current B-4 zoning allows for a wide variety of retail, office, service, hospitality, and mixed-use purposes. A former private club, this building presents endless potential for its new owner. The club's current layout includes four bathrooms (both a men's and women's room on each floor), as well as a kitchen and a bar on both the first and second level. Upstairs you will find an open seating area around the bar, and an additional open "gaming area". The downstairs includes an open seating area around the dance floor and bar, a DJ booth and a coat check/utility closet. Falling within the city of Richmond's Commercial Area Revitalization Effort (CARE) Program, the Local Enterprise Zone and Opportunity Zone, the building comes with many revitalization incentives.
Location
State VA
County Richmond City
Area 10 - Richmond
Direction East on Broad, north on Belvidere, East on Marshall. Building is on the left between Adams and 1st.
Interior
Heating Zoned
Exterior
Roof Type Flat
Topography Level
Handicap Access Accessibility Features
Building
Lot Description Level
Building Description Brick, No Elevators,Single-Tenant
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick
Others
Tax ID N000-0077-038
Ownership Investment,Owner-User
Financing Cash
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Bought with NON MLS OFFICE
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