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100-102 N Lombardy St
Richmond, VA 23220

$1,499,000 USD

Storefront Retail Residential For Sale  •  4,687 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 4,687 SF
  • Lot Size 0.08 AC
  • Building Class C
  • Year Built 1893
  • Cap Rate 6.72 %
  • Tenancy Multiple
  • Zoning R-6
49 Transit Score
94 Walk Score

Highlights

High Demand Location in The Fan District
Nearby Virginia Commonwealth University with Student rental needs
Minimal effort and maintenance with strong income from laundromat business

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $100,665 USD (2024)
Cap Rate: 6.72 %
Total Expenses: $42,615 USD

Major Tenants

Tenant SF Occupied Lease End Date
Individual

Amenities

  • Bus Line
  • Storage Space
  • Air Conditioning
  • Balcony

Public Transportation

AirportDriveWalkDistance
Richmond International 27 min - 11.2 mi
Mike Morrow 804-594-5870 Liz Moore and Associates
Mike Morrow 804-594-5870 Liz Moore and Associates