3 N 17th ST new

Richmond,VA 23219

$ 750000

- Bed

0 Bath

3058 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,058 sqft

Price per Sqft $245

MLS Listing ID 2430406

Style Garden Home

HOA Y/N No

Year Built 1833

Lot Size 1,219 Sqft

Acres 0.028

Property Description

This beautiful stately historic building is a unique mixed-use investment opportunity in the heart of Richmond’s Shockoe Bottom neighborhood. With prime frontage along the City’s recently renovated 17th St Farmers Market pedestrian plaza, this asset offers impressive visibility, accessibility, and stature in one of the city’s oldest neighborhoods. 3 N 17th was constructed in 1833 and possesses an array of historic features from its era including original fireplaces, heart pine flooring, high ceilings, and original millwork. The property is comprised of a recently renovated ground floor restaurant space and a 2 story 1-2 bedroom apartment on the 2nd and 3rd floors. The
restaurant space resides in a classic storefront and offers a turnkey full service opportunity with all equipment in place. In addition, the restaurant includes both a cozy dine-in space as well as a substantial outdoor patio with plenty of seating. The restaurant space is currently leased to an established user who has another 3.5 years left on a NNN lease. The 2 story apartment is spacious and full of natural light and can accommodate a 1-2 bedroom occupancy. The 2nd floor entry features a lovely living space with dramatic ceiling height, large fireplace, and heart pine flooring and a potential second bedroom or office. The 3rd floor of the apartment includes the balance of the living space and features an upgraded kitchen, second fireplace, bedroom and large bath. This property’s distinctive historic features and modern functionality make this an excellent opportunity to own and invest in an up and coming part of Richmond’s historic urban core.

Location

State VA

County Richmond City

Area 10 - Richmond

Interior

Cooling Central Air

Exterior

Roof Type Flat

Topography Level

Building

Lot Description Level

Building Description Brick, Multi-Tenant,No Elevators

Story 3

Sewer Public Sewer

Water Public

Architectural Style Garden Home

Level or Stories Three Or More

Structure Type Brick

Others

Tax ID E000-0108-038

Ownership Investment

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