$899,950

1501 W Cary St, Richmond, VA 23220

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,537sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

A truly unique mixed-use opportunity awaits just blocks from Virginia Commonwealth University (VCU) at 1501 W Cary St. This property boasts two newly renovated residential units, offering a prime location for students or professionals seeking a vibrant urban lifestyle. The ground floor presents two distinct commercial spaces. One is a well-appointed office ready for immediate use, with the flexibility for other ventures under the R-63 multifamily urban residential district zoning, which is designed to promote pedestrian-oriented, neighborhood-serving commercial uses on corner lots. The other commercial space is a blank canvas, a gutted cornerstone with a 10-foot commercial hood, providing an incredible opportunity for a local restaurateur or entrepreneur to create a new business from the ground up. The surrounding area, nestled in The Fan and a short distance from Carytown and Downtown Richmond, provides a fantastic blend of potential tenants, from university students to young professionals, and business owners. The blend of retail, dining, and cultural attractions creates a highly desirable and walkable neighborhood, ensuring a steady stream of foot traffic. This property offers the perfect blend of residential income and commercial potential in a highly sought-after location. Owner is licensed Real Estate Agent in VA. Agent has business interest in property.

Listing Status:
Active
Listing Office:
Exit First Realty : (804) 527-3948
Listing Agent:
Jordan Scroggins : (804) 380-2405
MLS ID:
2521943
  • Heating: ElectricZoned

This listing courtesy of Jordan Scroggins, Exit First Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Amelia Street Special Education

1821 Amelia St, Richmond, VA, 23220

Grades PK-12

0.73 miles away

B

Binford Middle School

1701 Floyd Ave, Richmond, VA, 23220

Grades 6-8

0.26 miles away

A

Amelia Street Special Education

1821 Amelia St, Richmond, VA, 23220

Grades PK-12

0.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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