318 W Broad ST, Richmond, VA 23220
318 W Broad ST, Richmond, VA 23220
318 W Broad ST, Richmond, VA 23220
9
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$890,000
$985,000 9.6%
Est. payment /mo
6,816 SqFt
Sold on 03/18/2026

318 W Broad ST Richmond, VA 23220

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Ty Condrey
Ty Condrey

Agent | License ID: 0225212723

+1(804) 305-7622

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UPDATED:

Key Details

Sold Price $890,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 6,816 sqft

Price per Sqft $130

MLS Listing ID 2516165

Sold Date 03/18/26

Construction Status Actual

HOA Y/N No

Year Built 1910

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 24.05 x 142.80

Property Description

This exceptional turnkey investment property is fully leased with one commercial ground floor tenant and two apartments above having gross income of $77,936 in 2024. Well located in the heart of the Arts District and fully renovated, this solid income producing investment has 3,408 sf of commercial space with lease term running through 4/30/25 along with 1,300 sf one bedroom and 575 sf studio apartments. Each with their own washer and dryer, the apartments are well appointed with granite countertops and hardwood floors. Capital expense upgrades include both a new HVAC unit and sewer line replacement in 2023.

Please allow 24 hour showing notice due to tenants in place.

Location

State VA

County Richmond City

Area 10 - Richmond

Direction 3 blocks east of Bevidere on the north side of W Broad St

Interior

Heating Zoned

Exterior

Roof Type Flat,Rubber

Topography Level

Building

Lot Description Level

Building Description Brick, Multi-Tenant,No Elevators

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick

Construction Status Actual

Others

Tax ID N000-0180-027

Ownership Investment,Owner-User

Financing Cash

Central Virginia Regional MLS (CVR MLS)
Listed by Joyner Fine Properties
Bought with 1st Class Real Estate Premier Homes
Nearby Locations

GET MORE INFORMATION

Ty Condrey

Ty Condrey

Agent | License ID: 0225212723

+1(804) 305-7622

Name
Phone*
Message

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318 W Broad ST