1521 Hull St - Storefront Retail/Residential FOR SALE


Richmond, VA 23224- Manchester
$479,000 USD
804-723-0446
1521 Hull St, Richmond, VA for Sale
$479,000 USD
Storefront Retail/Residential - FOR SALE
1/39
null | Request Cap Rate

1521 Hull St
Richmond, VA 23224
Manchester


HIGHLIGHTS

  • Renovated historic duplex
  • Flexible B-5 zoning
  • Off street parking
  • 112 apartment units under construction on the same block

OVERVIEW

Renovated mixed use investment with value add opportunity on the up-and-coming 1500 block of Hull Street! 1521 Hull is a 2,903 SF 2 story renovated historic duplex with a highly visible retail storefront studio on the ground floor and a beautiful modern 2 bed/2bath apartment on the 2nd floor. This dynamic offering has many unique historic accents and modern design features including original post and beam detail, corrugated metal wainscoting, original exposed brick walls, floor to ceiling tile baths, 10’+ ceilings and interior glass walls. Additionally, the property includes a unique outdoor space featuring a spacious rear deck for the apartment, rear fenced yard, and a shipping container outbuilding, adding to the property’s industrial vibe while providing plenty of additional portage on site. There is also ample off-street parking and ample room to potentially expand the building footprint. This offering is ideal as a live/work opportunity but is also an excellent entry level investment opportunity in one of Richmond’s fastest growing submarkets. Located in desirable B-5 zoning district, the ground floor storefront allows a range of uses which makes it ideal for production space, creative office, or a retail boutique. With Manchester’s vibrant revitalization continuing to roar down Hull Street, including 112 apartment units under construction on the same block, this very “Dwell” like offering provides an excellent window to get in on the ground floor for both owner occupants and investors alike!

FOR SALE DETAILS

PRICE

$479,000 USD

PRICE/SF

$165 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Renovated Live/Work Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

B-5

APN/PARCEL ID

S000-0197-024

ASK ABOUT THIS PROPERTY

Ann Schweitzer RileyOne South CommercialMore Info
804-723-0446

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Ann Schweitzer RileyOne South CommercialMore Info
804-723-0446

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.