2025 East Main Street, Richmond, VA 23223
sale
$3,300,000
|
Other
Courtesy Of One South Realty Group, LLC
2025 E Main St offers an investor a highly desirable mix of small office tenants, many long-term, who have contributed to the property s consistent performance over the years. This rare and unique offering is ideally suited for a multi-pronged and dynamic real estate investment strategy, providing an immediate stable cash flow with long term potential for redevelopment into a scaled multi-family or mixed-use asset. Situated at the corner of East Main Street and North 21st St, 2025 E Main St features an approximately 36,000 gross square foot mid-century building on a gently sloped site. The property s unique site allows the property to appear as a 2 story structure on the Main St side and a 3 story structure on the south side, with direct entry from the rear parking lot. There are 42 parking spots in the lot, currently not separately monetized apart from the building s 23 office suites. The property features over 26,000 SF of rentable office space and has seen several renovations in recent years including a new roof, lobby, and restroom renovations, a new high efficiency boiler, and a complete re-painting of the entire exterior.
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Property Features
- Age: Over 50 Years Old
- Amenities: Elevaor
- Architecture Style: Other
- Exterior Type: Brick
- Floors: 2.0
- Legal Description: 0162.09X0160.79 0000.000
- MLSID: 2231129
- Roof Type: Unknown
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