2028 W Cary St Richmond, VA 23220

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Price

Mixed Use, Multi-Family
Property Type


Units

0.16 AC
Parcel

9,100 SF
GBA

Active Listing

About This Property

2028 W Cary is an exceptionally rare opportunity to own a luxury renovated/new construction mixed use asset in Richmond’s most sought after “blue-chip” neighborhood, the Fan District. Designed by David Johannas of Johannas Design Group, this award winning project is a stunning and successful example of “historic meets modern” design and construction in an excellent central location with unparalelled access to some of the City’s most desirable amenities.

The offering consists of two (2) structures, designed to complement one another. The existing historic structure is a fully renovated 3,100 SF 2- story retail building, tenanted by a local restaurant tenant on the ground floor. On the additional floor above is one (1) apartment. The historic building is flanked by a dramatic 5,600 SF 3-story modern addition of five (5) unique apartments, completed in 2016 to maximize density across the entire 0.162 acre site.

Walkable to Richmond’s local shopping mecca, Carytown, and recently developed mixed use community, Cary Street Station, 2028 W Cary offers a high profile luxury investment with long term upside for both rent and value appreciation. Apartments include a range of 1-3 bedroom floor plans across both buildings, beautifully executed with high end condo-grade finishes, multi-level layouts, strategic preservation of historic elements, commercial grade windows and doors, and private balcony/patio space: all of which recommends the property for condo conversion in the future. A low maintenance luxury asset for an owner-occupant buyer or a boutique multifamily investor, 2028 W Cary offers a “turn-key” investment opportunity with a diversified revenue stream.

Additional Information

88
Walkability

45
Transit

Units7
Parcel IDW0000898032
Zoning Desc.R-63 Multifamily Urban
Construction Date2015
Co-broker FeeYes

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