2025 E Main Street

Richmond, VA, 23223

$3,300,000

$91 per ft²
$3,300,000
$91 per ft²
Active
Active
 - For Sale
carpenters-square
36,000 ft²
property_type
Commercial
calendar
Built 1958
2025 E Main St offers an investor a highly desirable mix of small office tenants, many long-term, who have contributed to the property’s consistent performance over the years. This rare and unique offering is ideally suited for a multi-pronged and dynamic real estate investment strategy, providing an immediate stable cash flow with long term potential for redevelopment into a scaled multi-family or mixed-use asset. Situated at the corner of East Main Street and North 21st St, 2025 E Main St features an approximately 36,000 gross square foot mid-century building on a gently sloped site. The property’s unique site allows the property to appear as a 2 story structure on the Main St side and a 3 story structure on the south side, with direct entry from the rear parking lot. There are 42 parking spots in the lot, currently not separately monetized apart from the building’s 23 office suites. The property features over 26,000 SF of rentable office space and has seen several renovations in recent years including a new roof, lobby, and restroom renovations, a new high efficiency boiler, and a complete re-painting of the entire exterior.
MLS® ID:
2231129
Listed:
10/23/22
Updated:
12/7/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central Air

Exterior/Building Features

Lot Details
Level
Roof
Flat
Sewer
Public Sewer

Other Property Details

Area Name
10 - Richmond
Garage
No
Parking
N
View
N
County
Richmond City
Water Source
Public
Pool
No
Total Stories
2

 

Courtesy of One South Realty Group, LLC

All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listings are ©2022 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Date last updated: 12/7/22

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