Special Purpose•Other•For Sale

Church Hill R63 Mixed-Use Historic Corner Property

520 N. 25th St., Richmond, Virginia 23223

Sale Price $1,700,000
Sale Type Investment
Zoning R63 Mixed-Use
Bldg Type Single Tenant
Status Existing
Year Built 1927
Stories 3
Vacancy 100%
Annual Taxes $11,772.00
Gross Bldg 13,500 SqFt
RBA 13,500 SqFt
Land Area .23 Acres
Ceiling Height 24.0 Ft
Improvements 10,126sf corner lot with 4,500sf building footprint facing 25th St and E. Leigh St. to the north. There is an alley in the rear.
Market Richmond Metro
Sub-Market Churc Hill Proper
MLS# 1837814
Legal Descr 0083.00x0122.00 0000.000
Zoned R63 for Mixed-Uses this rare 13,500sf well-maintained concrete building features 3 levels with large and open rooms, 12' - 24' ceilings, 8' windows on all sides, 10' mahogany bi-fold doors, travertine tile foyers and great rooms, soapstone front and rear staircases, original hardwoods, molding and trim, fully-outfitted kitchen with 6-burner Vulcan gas stove, 7' hood and 11' sink. The roof is in good condition, the building and hot water are heated by a Burnham Commercial Boiler and all systems are updated. Parking is on street with private parking spaces available nearby. Church Hill Proper offers the best of both worlds, located just 1 mi. east of Richmond's central business district, with ultimate pedestrian-friendly access to MCV, Interstates 64 and 95, Main St Station and Amtrak, Farmer's Market, and a diversity of small, locally-owned businesses, such as the national award-winning Roosevelt Restaurant, Sub Rosa Bakery, Tricycle Gardens, Union Market and dozens more. Mature oak trees on wide streets, brick sidewalks, gas street lights and access to mass transit characterize this charming historic neighborhood, rated by USA Today in the Top 10 Up and Coming Neighborhoods in America.
  • Majestic Corinthian Architecture
  • 13,500sf Zoned R63 for Mixed-Uses
  • Solid, Comfortable Building
  • Eligible for Historic Tax Credits
  • Pedestrian-Friendly Location
  • .7 mile walk to MCV, .5 miles to Downtown, .3 miles to Amtrak, .8 miles to I-95
  • USA Today's Top 10 Up and Coming Neighborhoods
11/30/2018 3:23:37 PM 12/2/2018 9:10:24 PM

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