Closed Listing

CLOSED | 611 Research Rd
Richmond, VA 23236

$520000

Office, Retail, Warehouse
Property Type


Units

.386 AC
Parcel

4,680 SF
GBA

Property Summary

611 Research Road consists of 4,680 SF of office, retail and warehouse spaces.

The facade is brick and metal, and the rear building exterior is brick. The roof was replaced in 2019 and all four of the HVAC units were replaced in 2020. This property offers an investor or owner occupant a building that has been well-maintained throughout its life. There are 4 meters and each unit has 2 bathrooms. There are three major tenant spaces, and the owner also uses a smaller storage space. The tenants have all been in the space for a long time but are on short term leases. The rents are below market.

This is a good, solid building offering a strong, stable tenant base. An investor will be able to get a good return on a property type that is in strong demand. An owner occupant will enjoy a great building with
tenants paying some of the mortgage costs.

PROPERTY DETAILS

Units 3
Parcel ID 743-70-75-97-800-000
Const. Materials Brick
Zoning Desc. C-5
Co-broker Fee Yes

47
Walkability

0
Transit

PROPERTY PHOTOS

PROPERTY LOCATION

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