231 Richmond Hwy

Investment Overview

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.

Investment 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