Mike Lonski
REALTOR®, Associate Broker
Mike Lonski
Call: (804) 241-9427
BEDS0
BATHS
SQUARE FEET2,394
MLS#2624541
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
This listing presents a rare opportunity to purchase a building with a commercial storefront and a residential unit at 2523 W Main St. The space is currently under a multi-year lease agreement to restaurant Cocky Rooster - expiring in March 10, 2030 (commercial tenant has one more five year option). The commercial tenant is responsible for their share of taxes, insurance, utilities and maintenance. A beautiful 2-bedroom apartment is located on the second floor. The building was constructed in 1920 and renovated extensively in 2020. Improvements include a new 5-ton HVAC unit, paint, refinished hardwood flooring, new kitchen, and new windows. This location is excellent for commercial and residential space. It is located in the heart of the Historic Fan District within walking distance to Carytown, Byrd Park, the commercial corridors of Robinson St, Main Street, and the Virginia Museum of Fine Arts. 2523 W Main St is situated in one of the most dynamic neighborhood commercial corridors in Richmond. This listing is surrounded by robust residential areas with favorable demographics to support the mixed-use building. It provides an excellent opportunity for a buyer looking for an investment opportunity in the Historic Fan District.
Property Features
Property Type: Multi Unit - Multiple
Home Style: Two Story
Lot Size: 0.07 Acres
Roof Type: Built-Up, Slate
Stories: 2.0
Taxes: $6,612
Year Built: 1920
Feature Descriptions
Exterior: Brick
Parcel#: W000-1117-003
Sewer: Public Sewer
Units: 2
Water: Public
Local Schools
High School: Thomas Jefferson
Middle School: Albert Hill
Elementary School: Fox
Listed By / Shown By
Listed By
Agency Name: One South Commercial LLC
Shown By
Agent Name: Mike Lonski
Agent Phone: (804) 241-9427
Agency Title: Napier Realtors ERA
Estimate Your Payment
Estimated Payment
$ 2,501.86 per month $1,724.81 Principal & Interest $551.00 Property Tax $226.04 Homeowner's InsuranceChange Payment Information
Mike Lonski
Office: (804) 794-4531
Cell: (804) 241-9427
Fax: (804) 897-3060
Email Me
Midlothian Office
Main Phone: (804) 794-4531
14361 Sommerville Court, Suite 200
Midlothian, VA 23113
14361 Sommerville Court, Suite 200
Midlothian, VA 23113
Listed By: One South Commercial LLC
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