1726 Altamont Ave - Warehouse FOR SALE


Richmond, VA 23230- Scott's Addition
$1,500,000 USD
804-539-3017
1726 Altamont Ave, Richmond, VA for Sale
$1,500,000 USD
Warehouse - FOR SALE
1/75
null | Request Cap Rate

1726 Altamont Ave
Richmond, VA 23230
Scott's Addition


HIGHLIGHTS

  • Eight (8) commercial suites with opportunity for more
  • Ideal for investor or owner occupant looking for additional income
  • Highly desirable small sized suites
  • Designed for high PSF rents
  • On-site parking in Scott's Addition!
  • Charming historic frontage

OVERVIEW

One South Commercial is pleased to present 1726 Altamont Avenue to the market. Perfectly situated in Scott’s Addition, one of Richmond’s most dynamic neighborhoods, and directly adjacent to the transformative Diamond District redevelopment — a $2.4 billion mixed-use project set to reshape the city’s landscape, this is an exceptional opportunity for investors or owner-occupants! This unique commercial property offers 8 commercial suites with the potential to expand or reconfigure, making it an ideal asset for those seeking reliable income with room to grow. Key Features: • 8 Commercial Suites – Rare small-format suites designed to command high price-per-square-foot rents • Expansion Potential – Unlock additional income or add value with future development • Owner-Occupant Friendly – Ideal for a business owner seeking space while generating income from existing tenants • On-Site Parking – A valuable amenity in bustling Scott’s Addition • Historic Charm – Eye-catching historic brick façade that stands out and adds character • Thriving Location – Surrounded by vibrant businesses, breweries, and eateries • Strong Tenant Mix – A well-curated mix of local businesses in place Located in one of Richmond’s fastest-growing and trendiest neighborhoods, 1726 Altamont Ave offers both stability and long-term upside. Just steps away from Richmond’s newest mega-project — the Diamond District — a planned 67-acre neighborhood featuring a new baseball stadium, thousands of residential units, office and retail space, and abundant green space. Property values in this area are already trending upward, making this a smart hold for both appreciation and cash flow.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$222 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1724-A,1726, & 1726-A Altamont Avenue

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Loft/Creative Space, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

3

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37

LAND SF

16,117

ZONING

B-7

APN/PARCEL ID

N000-1599-002,N000-1599-046,N000-1599-049

ASK ABOUT THIS PROPERTY

Tom RosmanOne South CommercialMore Info
804-539-3017

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Tom RosmanOne South CommercialMore Info
804-539-3017

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