Property Summary
ONE SOUTH COMMERCIAL is pleased to present this listing at 105 E Broad Street in Downtown Richmond’s popular Arts District. The property is located in the Broad Street City Old and Historic District and was constructed in 1915. The property underwent a total redevelopment into a mixed use property and was completed with historic tax credits in 2008. The current use is a mixed use investment property and could easily be repositioned into a condo conversion.
The 1,962 SF ground level office/retail suite is currently leased as a single tenant office space and features an open floor plan, 16 foot ceiling height, hardwood floors, and an expansive window storefront. The flexible B-4 Central Business Zoning also permits a wide variety of other commercial uses for this space.
The two residential units have been renovated to the highest standard with an emphasis on top-grade finishes and historic preservation. The attention to detail can be seen in the gourmet kitchens and custom bathrooms. Both units feature built-in Electrolux refrigerator and freezer, Wolf range, gas fireplace, two zone heat pumps with gas furnace and tankless Rinnai hot water heaters. Residents are provided a secured off street parking spot by way of the two car hydraulic lift.
A full basement is available for both commercial and residential storage.
105 E Broad St’s prominent location at the intersection of N 1st St places it in the heart of the Downtown Arts District and between VCU’s academic and medical campuses. Its location in the middle of Richmond’s thriving Arts District makes the property ideally suited for an investor and/or owner occupant.
PROPERTY DETAILS
| Units | 3 |
|---|---|
| Parcel ID | N0000076035 |
| Const. Materials | Brick |
| Road Frontage | E Broad St |
| Zoning Desc. | B-4 Central Business |
| Prop. Condition | Excellent |
| Construction Date | 1915 |
| Co-broker Fee | Yes |