2101 Venable St - Churches FOR SALE


Richmond, VA 23223- Union Hill
$1,250,000 USD
804-306-9019
2101 Venable St, Richmond, VA for Sale
$1,250,000 USD
Churches - FOR SALE
1/25
null | Request Cap Rate

2101 Venable St
Richmond, VA 23223
Union Hill


HIGHLIGHTS

  • Mixed Use Building Approved For 19 Apartments
  • Commercial Use & Rental Possibilities
  • Sanctuary With 34' Ceilings

OVERVIEW

Seize the chance to own a by-right, mixed-use project already approved for 19 apartments and up to 1,500SF of commercial space and 9 parking space. This package includes permit-ready plans with full MEPs, Part 1 and Part 2 State & Federal Historic Tax Credit approvals, and a $3.4M hard construction bid from a reputable local builder. The property’s former sanctuary offers 3,200SF of incredible space with 34’ ceilings, providing endless possibilities for a commercial venue. Whether reimagined as a boutique market, café, coworking hub, or unique event space, the character and scale here set it apart from anything else in the city. Location is unbeatable: directly across from Fat Rabbit, steps from Jefferson Park, and around the corner from neighborhood favorites like Kahlo’s Taqueria, Union Market, and dozens of shops and restaurants. Future tenants will enjoy a highly walkable lifestyle, while your commercial space benefits from steady foot traffic and visibility. Adding to the appeal, the immediate block is undergoing a major transformation with 22 new townhomes planned next door, each expected to be marketed in the $500k range. This surge of investment underscores the area’s growth and long-term value. With approvals, plans, and tax credits already in place, this project is primed for success—offering a rare blend of historic character, modern design potential, and unbeatable location.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$64 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

-

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

R63

APN/PARCEL ID

E000-0373-001

ASK ABOUT THIS PROPERTY

Matt JarreauHometown RealtyMore Info
804-306-9019

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Matt JarreauHometown RealtyMore Info
804-306-9019

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