2608 E Marshall St - Churches FOR SALE


Richmond, VA 23223- Church Hill
$1,400,000 USD
804-307-4060
2608 E Marshall St, Richmond, VA for Sale
$1,400,000 USD
Churches - FOR SALE
1/54
null | Request Cap Rate

2608 E Marshall St
Richmond, VA 23223
Church Hill


HIGHLIGHTS

  • Prime location
  • Historic character
  • Flexible zoning
  • Turnkey income
  • Development ready

OVERVIEW

ICONIC CHURCH PROPERTY WITH FLEXIBLE, MULTI-PHASE DEVELOPMENT POTENTIAL IN RICHMOND'S FASTEST-GROWING HISTORIC NEIGHBORHOOD One South Commercial is pleased to present the exclusive listing for 2600 E Marshall Street, located in Richmond’s oldest and most storied neighborhood — Church Hill. Once the home of St. Paul’s Baptist Church, this property holds a unique place in the city’s history, with roots dating back to the 1800s. The main church building sits prominently at the corner of East Marshall and North 26th Streets and is zoned R-63, allowing for a range of residential uses including apartments and condominiums. Just next door, the fully renovated parish house is currently operating as an Airbnb, adding immediate income potential to the offering. The property offers exceptional flexibility for redevelopment. The church building’s dramatic architecture and open interior layout make it well suited for creative adaptive reuse — from boutique condominiums to unique office or mixed-use space. Existing plans have already been developed for a variety of commercial and residential configurations, and the site allows for additional new-construction cottages. With much of the preliminary planning work completed, a future owner can move forward with confidence, either in a single phase or as a staged, multi-phase development. Church Hill, known for its cobblestone streets, 19th-century architecture, and panoramic city views, has seen an incredible resurgence over the past two decades. Once a quiet historic district, the neighborhood is now a vibrant hub of award-winning restaurants, boutique retail, and new residential development — all while preserving its historic charm. The blend of old and new has made Church Hill one of Richmond’s most sought after addresses, drawing both residents and investors alike. -Situated in the heart of Church Hill, Richmond's oldest and most vibrant neighborhood -Former home of St. Paul's Baptist Church with architectural charm dating back to the 1800's -R-63 zoning allows residential uses included condos, apartments, and mixed-use -Fully renovated parish house (1,300 SF - 2 BR/1 BA) operating as a successful Airbnb -Existing plans for condos/apartments and potential for additional new construction -10 Ft ceiling in basement!

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$114 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1820

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,961 SF

ZONING

R-63

APN/PARCEL ID

E000-0436-021

ASK ABOUT THIS PROPERTY

Justin SleddOne South CommercialMore Info
804-307-4060

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Justin SleddOne South CommercialMore Info
804-307-4060

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