Homes for sale - 108 N 7th ST, Richmond, VA 23219

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tue

Jul

Wed

Jul

Thu

Jul

Lynn Carr-Hawkes

carrhawkesclients1st@gmail.com +1(540) 220-2083

$ 620,000

Est. payment | -/mo

2,520 SqFt

Save

$ 620,000

Est. payment | -/mo

Save

2,520 SqFt

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 2,520 sqft

Price per Sqft $246

MLS Listing ID 2501663

Construction Status Actual

HOA Y/N No

Year Built 1917

Lot Size 2,613 Sqft

Acres 0.06

Property Description

An exceptional opportunity to own a fully renovated mixed-use property, strategically located, versatile investment opportunity with strong income potential. Perfect for an owner-user or investor. This 2,520 SF building, excluding the unfinished basement, features a first-floor retail/office space (1260 SF) and two residential apartment units on the second floor. The front apartment Unit #1 (550 SF) is currently vacant, while the back apartment Unit #2 (600 SF) is leased $1,200 per month, w/ the tenant vacating 7/31/25. The area is supported by a strong mix of commercial office buildings and residential apartments, consistent foot traffic & visibility. Blocks away from restaurants, bars, and cafés. 10-minute walk, to VCU Hospital, Brown's Island, Belle Isle's scenic riverfront walking paths, and the highly anticipated outdoor concert amphitheater currently under development. 5 minute drive to VCU Campus. Built in 1917, full renovation 2016, including structural upgrades from the joists up. Roof membrane replaced in 2017, seam sealing completed in 2022. 2020 property underwent building-wide waterproofing, including the 3 permanent dehumidifiers, and sump pump. Retail HVAC blower replaced in Feb 2024 for improved climate control. The property is equipped with 4 electrical meters—one for each unit and a separate house meter servicing shared utilities such as hot water & dehumidifiers. Luxury plank vinyl flooring on the first level, floor outlets for added convenience, & fresh paint throughout. Recent exterior improvements include a new mortar brick back patio and wall, a fresh coat of exterior paint, a new awning at the front entrance, and a newly installed metal roof over the back patio. The main roof was also re-sealed, with 4 TPO vents added for improved ventilation. Property includes dedicated rear parking for two vehicles with direct access to the building's back entrance. All apartment appliances convey, including washer, dryer, dishwasher, refrigerator, as well as 3 affixed dehumidifiers & 2 portable units.

Location

State VA

County Richmond City

Area 10 - Richmond

Interior

Heating Electric, Forced Air, Individual, Other, Wall Furnace

Cooling Central Air

Exterior

Roof Type Flat

Topography Level

Handicap Access Accessibility Features

Total Parking Spaces 2

Building

Lot Description Level

Building Description Brick, No Elevators,Single-Tenant

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick

Construction Status Actual

Others

Tax ID W000-0008-012

Ownership Investment,Owner-User

Listed by Liz Moore & Associates

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(540) 220-2083

carrhawkesclients1st@gmail.com

1440 Central Park Blvd Suite 210 Fredericksburg, Virginia 22401, VA, 22401

GET MORE INFORMATION