Under Contract | 2606-2612 W Cary St Richmond, VA 23220
About This Property
2606-2612 W Cary St consists of two commercial buildings with stabilized office tenants in one of the most desirable and dynamic areas in Richmond. Each building features approximately 4,000 SF of floor area, two stories, large floor areas, and classic post Victorian architecture. This property is currently one parcel but is able to be split into two parcels and purchased separately.
Perfect for a 1031 Exchange, an owner/occupant, or for redevelopment as short-term rentals, this offering is located in a flexible mixed-use zoning district that permits a wide variety of commercial and residential uses. Maintain the office uses, convert to other commercial uses like retail or restaurant, redevelop as multifamily, or have mix of uses. Numerous strategies are available to enable the best possible return on this investment.
Located between Carytown and Cary Street Station, 2606-2612 W Cary St is within short walking distance from hundreds of businesses and residences along one of Richmond most prominent multimodal transportation corridors. Not just prominent, the area is rapidly developing as well. Nearby Cary Street Station is a 9 acre, $44 Million redevelopment of the former GRTC bus barn into 285 apartments, shops, and restaurants that recently finished. Next door to 2606-2612 W Cary St, the building that had been vacant for decades just opened as the exciting destination eatery Kreggers At Hand. And just further west on Cary Street is the jewel of Richmond’s commercial districts — Carytown.
Take advantage of this unique opportunity to live, work, play, and invest on West Cary Street.
|Road Frontage||W Cary St|
|Zoning Desc.||B-6 Mixed Use|