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Key Details
Sold Price $925,000
Property Type Commercial
Sub Type Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $168
MLS Listing ID 2222514
Sold Date 04/03/23
Style Garden Home
Construction Status Approximate
HOA Y/N No
Year Built 1920
Lot Size 4,268 Sqft
Acres 0.098
Lot Dimensions 4290
Property Description
This is an AMAZING OPPORTUNITY to own a a beautiful and historic easy income maker which is a MULTI-FAMILY with THRIVING RESTAURANT, MIXED USE COMMERCIAL building in the Heart of VCU. Beautiful architectural features adorn this stately All Brick space including hardwoods, wrought iron eaves and cornices, high ceilings, hand crafted fireplace mantles, gorgeous balustrade, 12 ft glass doors, and a really cool vintage turn-of-the-century mail box. A NEW ROOF (rubber, laid over with metal) and gutters were installed this past year as well as a NEW TANKLESS GAS WATER HEATER.
There are currently 4 residential units that could be augmented, and a Restaurant space with patio. 903 is in an Enterprise Zone and has potential historic tax credits. Back and front gates are secured. Some parking in the back, and on the street.
ALL Offers and Letters of Intent will be Reviewed by Seller. Seller potentially willing to finance up to 250K
Location
State VA
County Richmond City
Area 10 - Richmond
Direction Grace St across from the VCU book store.
Interior
Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Exterior
Roof Type Metal,Rubber
Topography Level
Building
Lot Description Level
Building Description Brick, Multi-Tenant
Story 3
Sewer Public Sewer
Water Public
Architectural Style Garden Home
Level or Stories Three Or More
Structure Type Brick
Construction Status Approximate
Others
Tax ID W000-0468-017
Ownership ,Investment,Owner-User
Financing Conventional
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Bought with Virginia Capital Realty