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.
- Price:
- $3,300,000
- Square Footage:
- 36,000
- Year Built:
- 1958
- Listing ID #:
- 2231129
- Street Address:
- 2025 E Main St
- City:
- Richmond
- State:
- Virginia
- Postal Code:
- 23223
- County:
- Richmond City
- Community:
- 10 - Richmond
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
- Building Condition:
- Good Condition
- Construction Description:
- Brick
- Number Of Floors In Unit:
- Two
- Stories:
- 2
- Stories:
- 2
- Total Building Square Footage:
- 36000
- Type Of Roof:
- Flat
- Year Built:
- 1958
- Lot Features:
- Level
- Road Frontage Type:
- City Street
- Topography:
- Level
- Zoning Description:
- B-5
- Days On Market:
- 196
- Originating Mls:
- Cvr
- Property Disclosures:
- Owner Is Listing Agent
- Cooling System:
- Central Air
- Existing Water:
- Public
- Has Central Air Conditioning:
- Yes
- Sewage Type:
- Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Thomas Rosman with One South Realty Group