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1107 Azalea Ave 2,839 SF Retail Building Richmond, VA 23227 $1,333,644 CAD ($469.76 CAD/SF)
Investment Highlights
- Rare 2,839 SF freestanding retail/automotive building situated on 0.46 acres
- Former Jiffy Lube location featuring two service bays
- Strategically located between I-95, Brook Road, and Chamberlayne Avenue (Route 301)
- Zoned B-2, allowing for a variety of commercial and automotive uses
- Positioned along a high-visibility retail corridor with strong traffic counts
Executive Summary
Prime Retail/Automotive Opportunity – 1107 Azalea Avenue E, Richmond, VA
This rare opportunity features a 2,839 SF freestanding retail/automotive building situated on 0.46 acres in a highly visible and well-trafficked commercial corridor. Formerly occupied by Jiffy Lube, the property is equipped with two service bays, making it ideal for automotive users or adaptable for a variety of retail or service-oriented businesses.
Zoned B-2, the site allows for a wide range of commercial uses, offering flexibility for investors and owner-users alike. Its strategic location provides convenient access to I-95, Brook Road, and Chamberlayne Avenue (Route 301), ensuring excellent connectivity and strong traffic exposure.
With its established infrastructure, prime positioning, and versatile zoning, this property presents an exceptional opportunity for businesses seeking visibility and accessibility in the Richmond market.
This rare opportunity features a 2,839 SF freestanding retail/automotive building situated on 0.46 acres in a highly visible and well-trafficked commercial corridor. Formerly occupied by Jiffy Lube, the property is equipped with two service bays, making it ideal for automotive users or adaptable for a variety of retail or service-oriented businesses.
Zoned B-2, the site allows for a wide range of commercial uses, offering flexibility for investors and owner-users alike. Its strategic location provides convenient access to I-95, Brook Road, and Chamberlayne Avenue (Route 301), ensuring excellent connectivity and strong traffic exposure.
With its established infrastructure, prime positioning, and versatile zoning, this property presents an exceptional opportunity for businesses seeking visibility and accessibility in the Richmond market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,839 SF
Building Class
C
Year Built
1985
Price
$1,333,644 CAD
Price Per SF
$469.76 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.46 AC
Zoning
B-2
Parking
10 Spaces (3.52 Spaces per 1,000 SF Leased)
Frontage
129’ on Azalea Ave
Amenities
- Bus Line
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | N017-0079-013 | Improvements Assessment | $387,847 CAD |
| Land Assessment | $521,682 CAD | Total Assessment | $909,530 CAD |
Property Taxes
Parcel Number
N017-0079-013
Land Assessment
$521,682 CAD
Improvements Assessment
$387,847 CAD
Total Assessment
$909,530 CAD
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1107 Azalea Ave
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