FOR SALE | 2614 Chamberlayne Ave Richmond, VA 23222

$350,000
Price

Mixed Use
Property Type


Units

0.2 AC
Parcel

1,858 SF
GBA

Active Listing

About This Property

One South Commercial is pleased to present for sale this newly renovated mixed use building at 2614 Chamberlayne Ave. Just minutes from Downtown Richmond, the property is located in the quickly growing Northside neighborhood. Recent demand for commercial uses and multifamily housing have substantially increased in this area as more and more people choose to make their businesses or homes in Northside Richmond. This listing is a great owner/occupant opportunity.

Originally constructed in 1920, the building recently completed a total renovation in summer of 2020. The property features two units with a total floor area of 1,858 SF. An unfinished basement is also available for storage.

The ground level commercial unit offers refinished hardwood flooring throughout. Perfect for an office use, this unit features large open areas as well as private rooms. The space also is equipped with a new kitchen fitted with granite countertops and stainless steel appliances. This ground level unit is also fully ADA compliant with an access ramp providing entry to the unit from the off-street parking area. The renovated bathroom is also ADA accessible with installed handrails, a low sink, and a roll-in shower with seat.

The second level residential unit is accessed through a separate entry at the side of the building. Also a fully renovated unit, this 2bed/1bath apartment contains a large kitchen that opens into the living room. Granite countertops, stainless steel appliances in the kitchen, and refinished hardwood floors are also amenities of this unit.

The Northside commercial and rental market is quickly growing due to new construction and rising demand. Especially to meet the increased university student rental demand, this property is located minutes from Virginia Commonwealth University and less than a half-mile from Virginia Union University. The two units also mean that this listing is perfect for a buyer looking for an owner/occupant property. Primed to take advantage of this growth, this recently renovated mixed use property makes a great investment opportunity in this emerging neighborhood.

Additional Information

62
Walkability

44
Transit

Units 2
Parcel ID N0000690003
Road Frontage Chamberlayne Ave
Zoning Desc. UB-2 Urban Business
Renovation Date 2020
Co-broker Fee Yes

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