318 W Broad St

318 W Broad St, Richmond, VA 23220

  • For Sale $1,100,000
  • Property Type Retail - Street Retail
  • Property Size 6,816 SF
  • Units 3
  • Lot Size 0.08 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1910
  • Year Renovated 2013
  • Date Updated Jun 27, 2024
Fully renovated Jackson Ward mixed use property in the heart of the Arts District. Proximate to the Institute for Contemporary Arts, Quirk Hotel, Rite Aid, Lift Coffee and others.This exceptional turnkey investment property is fully leased with one commercial ground floor tenant and two apartments above having gross income of $75,326 in 2023. Well located in the heart of the Arts District and fully renovated, this solid income producing investment has 3,408 sf of commercial space with lease term running through 4/30/25 along with 1,300 sf one bedroom and 575 sf studio apartments. Each with their own washer and dryer, the apartments are well appointed with granite countertops and hardwood floors. Capital expense upgrades include both a new HVAC unit and sewer line replacement in 2023.

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Attachments

Highlights

  • 6,816 SF, 3 unit investment Zoned B-4 mixed use
  • Excellent VCU area and business location
  • 100% occupancy with strong rental history
  • Recent rent escalation on commercial lease
  • Well-maintained with capital building upgrades

Contacts

broker

Bill Phillips

Joyner Fine Properties

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise

  • Transit Score ®

    61/100 Good Transit

  • Bike Score ®

    82/100 Very Bikeable
Powered by Walk Score ®
  • City Richmond, VA
  • Neighborhood Jackson Ward
  • Zip Code 23220
  • Market Richmond Tidewater

Points of Interest

  • Richmond Main Street

    1.27 miles

  • AR Cab Service

    4.83 miles

  • Mobil

    0.38 miles

  • Citgo

    0.90 miles

  • Shell

    1.05 miles

  • BP

    1.16 miles

  • Exxon

    1.30 miles

  • Exxon

    1.35 miles

  • Exxon

    1.35 miles

  • BP

    1.66 miles

  • Exxon

    1.69 miles

  • Fleet Fueling

    1.73 miles

  • VCU Henry Street Parking Deck - East

    0.09 miles

  • VCU Henry Street Parking Deck - West

    0.11 miles

  • VCU - QQ Lot

    0.19 miles

  • VCU - EE Lot

    0.19 miles

  • Broad and Belvidere Parking Deck

    0.22 miles

  • Laurel & Grace Place

    0.30 miles

  • VCU - JL Lot

    0.30 miles

  • YMCA Parking

    0.30 miles

  • Lanier Parking

    0.30 miles

  • Parkway Park

    0.33 miles

  • Comfort

    0.10 miles

  • Maple & Pine

    0.10 miles

  • True's Cultural Kitchen

    0.11 miles

  • NuVegan Cafe

    0.11 miles

  • Bar Solita

    0.11 miles

  • Gwarbar

    0.12 miles

  • Domino's

    0.16 miles

  • Bistro 27

    0.17 miles

  • Max's On Broad

    0.17 miles

  • Saison Market

    0.18 miles

  • Urban Farmhouse VCU

    0.24 miles

  • Blue Nile Market

    0.26 miles

  • Fine Food Market

    0.50 miles

  • Kroger

    0.75 miles

  • Whole Foods Market

    1.13 miles

  • Robinson Street Market

    1.54 miles

  • Camden's Dogtown Market

    1.56 miles

  • ALDI

    1.68 miles

  • Farm Fresh

    1.75 miles

  • Tokyo Market

    1.80 miles

Frequently Asked Questions

How much does 318 W Broad St cost?

The space currently listed for sale at 318 W Broad St asks for $1,100,000.

What is the total square footage of 318 W Broad St?

318 W Broad St totals 6,816 square feet.

When was this property built?

318 W Broad St was built in 1910.

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Contact Listing Broker

broker

Bill Phillips

Joyner Fine Properties