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USAVARichmond2025 E Main St
Listing image | Image 1

2025 E Main St, Richmond, VA

House

Sold

Listed price in listed location currency (USD).
$2,900,000
$3,300,000

000

MLS® 2231129

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes 
Lot Size 
Approx. Age 1958
MLS® Number 2231129

Property Address: 2025 E Main St, Richmond, VA, 23223-7069

Average square foot calculated using Size range provided by listing agent.

Description

2025 E Main St offers an investor a highly desirable mix of small office tenants, many long-term, who have contributed to the property’s consistent performance over the years. This rare and unique offering is ideally suited for a multi-pronged and dynamic real estate investment strategy, providing an immediate stable cash flow with long term potential for redevelopment into a scaled multi-family or mixed-use asset. Situated at the corner of East Main Street and North 21st St, 2025 E Main St features an approximately 36, 000 gross square foot mid-century building on a gently sloped site. The property’s unique site allows the property to appear as a 2 story structure on the Main St side and a 3 story structure on the south side, with direct entry from the rear parking lot. There are 42 parking spots in the lot, currently not separately monetized apart from the building’s 23 office suites. The property features over 26, 000 SF of rentable office space and has seen several renovations in recent years including a new roof, lobby, and restroom renovations, a new high efficiency boiler, and a complete re-painting of the entire exterior.
MLS® Number2231129
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1958
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Last Sold Price

$2,900,000$2.9M

Appreciation

--

Avg. Days Listed

693 days

Today, Sold for $2,900,000

Sold · 0 days

$2,900,000$3,300,000

MLS® 2231129

2 years ago

Sold on Jan 23, 2024

July 2024, Sold for $2,900,000

Sold · 0 days

$2,900,000$3,300,000

MLS® 2231129

2 years ago

Sold on Jan 23, 2024

  • Jul 15, 2024, For Rent for $3,368

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