Map of Property

231 Richmond Hwy

For Sale

231 Richmond Hwy, Richmond, VA 23224

This Richmond property for sale is located at 231 Richmond Hwy. The general use of 231 Richmond Hwy is multi-family and it incorporates 4,450 square feet of class C multi-family space. The current listed sale price for 231 Richmond Hwy is $445,000. 231 Richmond Hwy is situated on a lot that is 0.17 acre in size.

Contacts

broker
Rebecca von Meister, CCIM

Taylor Long Properties

Property Details

  • Property Type Multi-Family
  • Property Size 4,450 SF
  • Units 2
  • Lot Size 0.17 Acre
  • Building Class C
  • Year Built 1920
  • Date Updated Jan 27, 2025
Nestled in the vibrant city of Richmond, VA - 231 Richmond Hwy offers proximity to an array of attractions and amenities. The surrounding area boasts eclectic dining, entertainment, and cultural hotspots, providing tenants with a diverse and lively community to call home. Just a short distance from the property, residents can explore local parks, schools, dine at nearby restaurants. With its convenient access to transportation hubs, this prime location provides an enriching and dynamic environment for residents to enjoy.Introducing a rare investment opportunity in the heart of Richmond, VA. This 4,450 SF property, constructed in 1920, offers a versatile B-3 zoning, making it ideal for retail use or potential redevelopment. With on-site parking, this income-producing property features a 3,200 SF leased house and a 1,250 SF garage with an apartment. The prime location ensures high visibility, with 20,000 vehicles passing by daily on Richmond Hwy. Whether you're an experienced investor or looking to expand your multifamily/single family rental portfolio, this property presents a compelling proposition for long-term growth and returns.
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Highlights

  • Zoned B-3 - Retail Use or Re-Development
  • On-site parking
  • 3,200 SF Leased House + 1,250 SF Garage with Apartment
  • Income Producing
  • 20,000 VPD on Richmond Hwy

Attachments

Getting around

  • 64/100

    Walk Score ®

  • 47/100

    Transit Score ®

  • 60/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Richmond, VA
  • Neighborhood Blackwell
  • Zip Code 23224
  • Market Richmond Tidewater

Points of Interest

  • Richmond Main Street

    1.70 miles

  • Valero

    0.63 miles

  • BP

    1.81 miles

  • Exxon

    1.89 miles

  • Mobil

    1.98 miles

  • Kroger

    2.81 miles

  • ChargePoint

    3.31 miles

  • EVgo

    3.58 miles

  • Tesla Supercharger

    4.85 miles

  • Libbie Mill Charger

    5.81 miles

  • Richmond Walmart

    8.15 miles

  • SunTrust Parking Garage

    0.76 miles

  • JRPS 22nd St Parking

    0.83 miles

  • Floodwall Walk Parking

    0.91 miles

  • Floodwall Parking

    1.05 miles

  • VCU MCV R Lot

    1.25 miles

  • VCU MCV M Lot

    1.30 miles

  • JRPS Headquarter Parking

    1.31 miles

  • JRPS Reedy Creek Parking

    1.37 miles

  • Dominion Clearinghouse Parking

    1.37 miles

  • Belle Isle Parking

    1.38 miles

  • Omni Richmond Hotel

    1.62 miles

  • Courtyard Richmond Downtown

    1.63 miles

  • The Berkeley Hotel

    1.65 miles

  • Residence Inn

    1.65 miles

  • Delta Hotels Richmond Downtown

    1.65 miles

  • The Commonwealth

    1.78 miles

  • Hampton Inn & Suites Richmond - Downtown

    1.80 miles

  • Homewood Suites by Hilton Richmond-Downtown

    1.81 miles

  • Holiday Inn Express Richmond - Downtown

    1.82 miles

  • The Massad House Hotel

    1.88 miles

  • Camden's Dogtown Market

    0.81 miles

  • Save-A-Lot

    1.58 miles

  • Farm Fresh

    1.79 miles

  • Super Fresh Supermarket

    1.89 miles

  • Fine Food Market

    1.89 miles

  • Big Apple Supermarket

    2.16 miles

  • Blue Nile Market

    2.17 miles

  • Stella's Grocery

    2.37 miles

  • Chimbo

    2.40 miles

  • Westover Hills Market

    2.43 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Rebecca von Meister, CCIM

Taylor Long Properties

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