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801 W Broad St 2 Unit Apartment Building $3,446,250 CAD ($1,723,125 CAD/Unit) 5% Cap Rate Richmond, VA 23220

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INVESTMENT HIGHLIGHTS

High-Visibility Location at VCU
Access to Mass Transit
Restaurant Equipment and Furniture Conveys

National Retail Anchors
Mixed-Uses
Full Basement with Bathroom and Utiliites

EXECUTIVE SUMMARY

Well-Appointed Corner Commercial Mixed-Use Opportunity at VCU, for a Restaurant User or for Investment Purposes. 2-story building with full basement and rooftop patio access, located next to Panera, Chipotle, CAVA and other national retail anchor restaurants. There are 2 large apartments and restaurant. All restaurant equipment, furniture and fixtures convey.

801 W Broad St Brochure 12 28 25

FINANCIAL SUMMARY (PRO FORMA - 2025)	ANNUAL (CAD)	ANNUAL PER SF (CAD)
Gross Rental Income	$17,380	$1.90
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$17,380	$1.90
Taxes	$1,446	$0.16
Operating Expenses	$448	$0.05
Total Expenses	$1,894	$0.21
Net Operating Income	$15,486	$1.70

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual	$17,380
Annual Per SF	$1.90

Other Income (CAD)
Annual	-
Annual Per SF	-

Vacancy Loss (CAD)
Annual	-
Annual Per SF	-

Effective Gross Income (CAD)
Annual	$17,380
Annual Per SF	$1.90

Taxes (CAD)
Annual	$1,446
Annual Per SF	$0.16

Operating Expenses (CAD)
Annual	$448
Annual Per SF	$0.05

Total Expenses (CAD)
Annual	$1,894
Annual Per SF	$0.21

Net Operating Income (CAD)
Annual	$15,486
Annual Per SF	$1.70

PROPERTY FACTS

Price	$3,446,250 CAD	Apartment Style	Low-Rise
Price Per Unit	$1,723,125 CAD	Building Class	C
Sale Type	Investment or Owner User	Lot Size	0.07 AC
Cap Rate	5%	Building Size	9,135 SF
No. Units	2	No. Stories	2
Property Type	Multifamily	Year Built/Renovated	1920/2015
Property Subtype	Apartment General Retail Freestanding General Retail Storefront Retail/Office General Retail Storefront Retail/Residential	Cross Streets	N Laurel St
Zoning	B-4 - B4 mixed-use zoning allows for a variety of uses, including but not limited to: Business premises, residential, commercial, office, etc

Price	$3,446,250 CAD
Price Per Unit	$1,723,125 CAD
Sale Type	Investment or Owner User
Cap Rate	5%
No. Units	2
Property Type	Multifamily
Property Subtype	Apartment General Retail Freestanding General Retail Storefront Retail/Office General Retail Storefront Retail/Residential
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.07 AC
Building Size	9,135 SF
No. Stories	2
Year Built/Renovated	1920/2015
Cross Streets	N Laurel St
Zoning	B-4 - B4 mixed-use zoning allows for a variety of uses, including but not limited to: Business premises, residential, commercial, office, etc

1 1

Walk Score®

Walker's Paradise (96)

Bike Score®

Very Bikeable (83)

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Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

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, Transit Score® & Bike Score?

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PROPERTY TAXES

Parcel Number	W000-0361-025	Total Assessment	$1,452,246 CAD
Land Assessment	$584,221 CAD	Annual Taxes	$1,446 CAD ($0.16 CAD/SF)
Improvements Assessment	$868,025 CAD	Tax Year	2025 Payable 2026