An exceptional opportunity to own a fully renovated mixed-use property, strategically located, versatile investment opportunity with strong income potential. Perfect for an owner/user or investor. This 2,520-square-foot building, excluding the unfinished basement, features a first-floor retail/office space and two residential apartment units on the second floor. The front apartment is currently vacant, while the back apartment is leased at $1,200 per month, with the tenant vacating at the end of July 2025. The area is supported by a strong mix of commercial office buildings and residential apartments, ensuring consistent foot traffic and visibility. It is conveniently located blocks away from popular restaurants, bars, and cafés. Within a 10-minute walk, you'll find VCU Hospital, Brown’s Island, Belle Isle’s scenic riverfront walking paths, and the highly anticipated outdoor concert venue and amphitheater currently under development. Additionally, the VCU Campus is just a 5-minute drive away, further enhancing the area's accessibility and potential for growth. 108 N 7th Street was built in 1917 and underwent a complete renovation in 2016, including structural upgrades from the joists. The roof membrane was replaced in 2017, and seam sealing was completed in 2022. In 2020, the property underwent building-wide waterproofing, including installing three permanent dehumidifiers and an additional sump pump. The retail HVAC blower was replaced in February 2024 for improved climate control. The property has four electrical meters—one for each unit and a separate house meter servicing shared utilities such as hot water and dehumidifiers. The interior features modern upgrades, including luxury plank vinyl flooring on the first level, floor outlets for added convenience, and fresh paint throughout. Recent exterior improvements include a new mortar brick back patio and wall, a fresh coat of exterior paint, a new awning at the front entrance, and a newly installed metal roof over the back patio. The main roof was re-sealed, with four TPO vents added for improved ventilation. This well-maintained and strategically located property is a versatile investment opportunity with strong income potential. Items that do not convey with the sale include all furniture and equipment on the first floor, turf, floor mats, bench/cubbies, and a refrigerator. Please contact us today for more details or to schedule a viewing.