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801 W Broad St 2 Unit Apartment Building $3,534,875 CAD ($1,767,437 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	$17,827	$1.95
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$17,827	$1.95
Taxes	$1,483	$0.16
Operating Expenses	$460	$0.05
Total Expenses	$1,943	$0.21
Net Operating Income	$15,884	$1.74

Financial Summary (Pro Forma - 2025)

Gross Rental Income (CAD)
Annual	$17,827
Annual Per SF	$1.95

Other Income (CAD)
Annual	-
Annual Per SF	-

Vacancy Loss (CAD)
Annual	-
Annual Per SF	-

Effective Gross Income (CAD)
Annual	$17,827
Annual Per SF	$1.95

Taxes (CAD)
Annual	$1,483
Annual Per SF	$0.16

Operating Expenses (CAD)
Annual	$460
Annual Per SF	$0.05

Total Expenses (CAD)
Annual	$1,943
Annual Per SF	$0.21

Net Operating Income (CAD)
Annual	$15,884
Annual Per SF	$1.74

Property Facts

Price	$3,534,875 CAD	Apartment Style	Low-Rise
Price Per Unit	$1,767,437 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	$3,534,875 CAD
Price Per Unit	$1,767,437 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

Moderately walkable

70/100

Moderately drivable

60/100

Good public transit

60/100

Moderately bikeable

60/100

Source: Local Logic^®

Property Taxes

Parcel Number	W000-0361-025	Total Assessment	$1,458,393 CAD (2026)
Land Assessment	$586,694 CAD (2026)	Annual Taxes	$1,483 CAD ($0.16 CAD/SF)
Improvements Assessment	$871,699 CAD (2026)	Tax Year	2025 Payable 2026