1433-1435 Hull Street Richmond, VA 23224

$899000

Commercial Sale, Retail
Property Type

.16 AC
Parcel

12,570 SF
GBA

Active Listing

About This Property

Here is one of the last scalable redevelopment opportunities on Hull Street!  1433-1435 Hull street is an excellent adaptive reuse project waiting to be completed.

This 2 story mixed use historic building, originally the site of Southside Hardware, has over 12,000 SF of developable space, including two (2) retail storefronts, two (2) mezzanine/loft spaces, and an impressive mostly open 2nd floor floorplate.  The building contains many unique features such as its well-preserved historic 16’ tin ceilings, rear elevator shaft, skylights, and original fireplaces.

With flexible B-5 zoning, the property could lend itself well to a historic tax credit project to include 10-12 apartment units and two (2) commercial storefronts — or to an owner occupant looking to develop a large restaurant or brewery space with apartments or commercial office space above.  There is no shortage of possibilities with this property.  Located in both an Enterprise Zone as well as an Opportunity Zone, this is an ideal opportunity to leverage a range of capital incentives while preserving an historic property in Richmond’s fast-growing thriving Manchester neighborhood!

Additional Information

61
Walkability

46
Transit

Parcel ID S000-0153-031
Const. Materials Brick
Road Frontage Hull Street
Zoning Desc. B-5
Prop. Condition Fair
Construction Date 1920
Co-broker Fee Yes

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