The owners currently have their business on the first floor and live in the renovated apartment on the third floor. They have invested significantly in the building repairs and improvements, HVAC, and apartment renovations. The second floor houses a few small, short-term commercial tenants with room to grow. The new zoning for this section of Broad Street (TOD-1) offers opportunities for higher density mixed-use properties like this one. There are 3 dedicated parking spaces in the back of the property.
The building is narrow enough that there are no load-bearing walls inside the building. First floor ceilings are about 14’ high behind the drop ceiling. Enterprise Zone Incentives and Historic Tax Credits are available on this property!
|Property Address||3012 W. Broad St. Richmond VA 23230|
|Property Type||Mixed Use|
|Lot Size||0.07 AC|
|Building Size||5630 SF|
|Number of Stories||3|
The Broad Street corridor is developing rapidly. This location provides easy walkability to all of Scott's Addition's and the Museum District's restaurants, businesses, and housing. The new owner or tenants can take advantage of incredible visibility to Broad Street traffic and the new Pulse bus line. New Whole Foods grocery store in Sauer Center on West Broad Street - projected to be complete by Fall 2018 - is less than less than one mile from the property.
"Scott’s Addition is the City of Richmond’s fastest growing neighborhood, home of an eclectic mix of apartments, homes, restaurants, breweries, shops and more tucked away in the NW corner of W Broad St and North Boulevard. With over 1,000 new residential units and a growing number of amenities, the neighborhood is quickly becoming one of the most sought after areas in the region." -- via Scott's Addition Boulevard Association