318 W Broad St

For Sale

318 W Broad St, Richmond, VA 23220

This Richmond property for sale is located at 318 W Broad St. The current listed sale price for 318 W Broad St is $1,010,000. 318 W Broad St is situated on a lot that is 0.08 acre in size.

Contacts

broker

Bill Phillips

Joyner Fine Properties

Property Details

  • 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 Aug 21, 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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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

Attachments

Getting around

  • 97/100

    Walk Score ®

  • 61/100

    Transit Score ®

  • 82/100

    Bike Score ®

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Location

  • 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

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

Bill Phillips

Joyner Fine Properties