Not Disclosed

Richmond, VA
$ 790,000 Beds 0 Baths 0 Sq 7,378
Monthly Estimate* How much can I afford?

For sale is 3151-67 Midlothian consisting of three parcels which comprise a contiguous street-facing block between W Blake Ln and W 32nd St. This development and investment opportunity is strategically located between three of Richmond’s fastest growing neighborhoods south of the James River – Manchester, Woodland Heights, and Forest Hill. Directly across from Swansboro Elementary, this 0.89 acre assemblage along Midlothian Tpk consists of : 1) a 4,138 SF retail strip center with a large parking area; 2) a 2-story 3,240 SF fully leased (1) unit commercial and (1) 3bed/1bath unit apartment building; and 3) a 0.392 acre corner lot that is currently development ready, or with a rezoning, would potentially provide substantial return on investment. An ideal size and scale for an investor looking for revenue generating asset or to scale up in the long term, this listing provides great value add opportunity with potential repositioning, retenanting, and redevelopment for residential and commercial uses. Note: this property is sold as a portfolio with 3151 and 3159 Midlothian Tpk (PID S0001724007, S0001724009)

Commercial

  • Price
  • $ 790,000
  • Lot Size
  • 0.87 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 7,378
  • Full Bathrooms
  • 0
  • Year Built
  • 1985
  • Half Bathrooms
  • 0
  • City, Zip
  • Richmond
  • County
  • RICHMOND CITY
  • Style
  • Area
  • 60 - Richmond
  • MLS#
  • 2032470
  • Zip
  • 23224
Listing Provided by: Lory Markham with One South Realty Group, LLC.

Features

General

Construction Materials Brick
Cooling Central Air
MLS Area 60 - Richmond
Property Type Commercial Sale
PropertyCondition Good Condition
Roof Other
Sewer Sanitary
Stories 1
Topography Level

Interior Features

Air Conditioning Y/N Yes

Exterior Features

Lot Features Level
Lot Size Acres 0.87
Lot Size Area 0.87
Lot Size Units Acres
Road Frontage Type City Street
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Fredicksburg, VA office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

10/23/2020 Listed $790,000

Property vs Zip Code Average in 23224

Price
AVG $2.17M
$790K
Visits
AVG 21
5
Year Built
AVG 1955
1985

Map

Not Disclosed Richmond, VA is a Single Family Home for sale at $790000 with 7378 sqft and a lot size of 0.87 Acres Acre(s). Not Disclosed Richmond has 0 bedrooms, 0 baths and was built in 1985. The property's zip code is 23224 which is in Richmond, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.