FOR SALE | 1421 Lombardy Alley RIchmond, VA 23219

$1,900,000
Price

Mixed Use, Multi-Family
Property Type


Units

0.14 AC
Parcel

11,799 SF
GBA

Active Listing

About This Property

ONE SOUTH COMMERCIAL is pleased to present this listing at 1421 Lombardy Alley in Richmond’s Shockoe Slip. This historic building, constructed in 1875 and originally used as a horse-drawn buggy factory, is presently fully renovated and features a large commercial space at the ground level and 8 residential units on the second and third levels.

The 3,920 SF ground level is currently leased as a single tenant office space and features a fully renovated open floor plan, exposed brick, and structural timber. 19th century mechanical equipment has also been preserved as part of the historic rehabilitation of the building and adds a unique character to the space. The flexible B-5 Central Business Zoning also permits a wide variety of other commercial uses for this space.

The apartment units are also fully renovated with an emphasis on historic preservation. The units also feature exposed brick, original wood flooring, and structural timber. In addition, fully equipped modern kitchens and baths complement the original features of the building.

Shockoe Slip is one of Richmond’s oldest and most historic neighborhoods. Today, as a center for commerce, urban living, and entertainment venues, Shockoe slip is home to some of Richmond’s most well-known businesses. In addition, Shockoe Slip is also a popular residential area for those who choose an urban lifestyle where they can combine the best aspects of city-living. These characteristics make this area a perfect location for a mixed use multifamily and commercial investment.

Additional Information

91
Walkability

60
Transit

Leasable Area 11799 sq. ft.
Units 9
Parcel ID E0000087033
Const. Materials Brick
Zoning Desc. B-5 Central Business
Prop. Condition Excellent
Construction Date 1875
Co-broker Fee Yes

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