FOR SALE | 325 N 27th St Richmond, VA 23223
About This Property
One South Commercial is pleased to present for sale this mixed use building in Richmond’s Church Hill. As one of the most historic mixed use neighborhoods in the country, Church Hill is the perfect home for this building featuring two commercial units at ground level and three residential units located on the second level.
Its prominent location at the intersection of N 27th St and E Marshall St in the heart of Church Hill places this property at the hub for both residential and commercial activity in the area. One of the commercial spaces is currently occupied by the popular 8 1/2 Italian Takeout. The second space at the corner of the building was previously occupied by WPA Bakery and is currently being renovated into JJ’s Makery — a new bakery run by WPA’s former employees.
In addition, three renovated apartments blend modern features with the historic charm of 1900 construction. Two of the apartments are configured as 2bed/1bath units, and the third is a 2bed/2bath unit. Each unit features a direct private entrance from either N 27th St or E Marshall St, hardwood floors, modern kitchens, and updated bathrooms. All units also have a consistent history of being occupied.
The Church Hill neighborhood is garnering national recognition for its vibrant food and urban living scene as numerous publications have produced rave reviews of the restaurants, bakeries, cafes, and boutiques in the area. With its stately pre-Civil War homes as the centerpiece, the neighborhood is one of the most sought after areas to live in Richmond. Close to VCU Health Systems, the Central Business District, the State Capitol and numerous state offices, the Federal Court House, and the City of Richmond’s government center, 325 N 27th St is prominently positioned in the economically growing Church Hill neighborhood.
This location combined with the consistent revenue from the commercial and residential units make this listing an ideal investment for a buyer looking for a prominent mixed use property in Church Hill.
|Road Frontage||E Marshall St, N 27th St|
|Zoning Desc.||UB-PE5 Urban Business|