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  5. 19 & 21 North 18th Street
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Full details for Other For Sale in Richmond, Virginia

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Description

This corner retail, mixed-use opportunity offers a rare and unique investment for any Richmond restaurant operator seeking to own andoperate in the historic Shockoe Bottom neighborhood. Just a block from the cityu2019s recently renovated 17th St Farmers Market, 19 and 21 N 18th St are situated prominently on the southeast corner of E. Franklin and N 18th St, offering impressive visibility, accessibility, and stature in one of the cityu2019s oldest neighborhoods. The property consists of two parcels: 21 N 18th St, a 6-car surface lot, and 19 N 18th St, a 2,800 SF 2-story, mixed- use building. 19 N 18th St is comprised of a well-established, ground-floor retail restaurant space and an updated, spacious 2-bedroom apartment on the second floor. The restaurant space features a cozy dine-in space, large bar, and full kitchen. The second-floor, 2-bedroom apartment possesses an open living/dining concept, second-floor balcony, painted brick walls, washer/dryer in unit, private entry on N 18th St, and central air. The unit is currently under market rent for the neighborhood and provides some excellent upside for any incoming buyer to increase the propertyu2019s cash flow and offset expenses. Back to listing
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