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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.

Financial Summary (Pro Forma - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $17,174 $1.88
Other Income - -
Vacancy Loss - -
Effective Gross Income $17,174 $1.88
Taxes $1,429 $0.16
Operating Expenses $443 $0.05
Total Expenses $1,872 $0.20
Net Operating Income $15,302 $1.68

Financial Summary (Pro Forma - 2025)

Gross Rental Income (CAD)
Annual $17,174
Annual Per SF $1.88
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $17,174
Annual Per SF $1.88
Taxes (CAD)
Annual $1,429
Annual Per SF $0.16
Operating Expenses (CAD)
Annual $443
Annual Per SF $0.05
Total Expenses (CAD)
Annual $1,872
Annual Per SF $0.20
Net Operating Income (CAD)
Annual $15,302
Annual Per SF $1.68

Property Facts

Price $3,405,375 CAD
Price Per Unit $1,702,687 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
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
W000-0361-025
Land Assessment
$581,305 CAD
Improvements Assessment
$863,693 CAD
Total Assessment
$1,444,998 CAD
Annual Taxes
$1,429 CAD ($0.16 CAD/SF)
Tax Year
2025 Payable 2026
  • Listing ID: 31932187

  • Date on Market: 2024-05-26

  • Last Updated:

  • Address: 801 W Broad St, Richmond, VA 23220

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