Richmond, VA 23220,1311 W Broad ST
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Richmond, VA 23220,1311 W Broad ST
Richmond, VA 23220,1311 W Broad ST
Richmond, VA 23220,1311 W Broad ST
Richmond, VA 23220,1311 W Broad ST
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$ 6,850,000
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1311 W Broad ST Richmond, VA 23220

30,165 SqFt


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 30,165 sqft

Price per Sqft $227

MLS Listing ID 2529763

HOA Y/N No

Year Built 1920

Lot Size 0.330 Acres

Acres 0.33

Property Description

CORE-QUALITY ASSET WITH UPSIDE IN DOWNTOWN'S HOTTEST SUBMARKET! Iron House Apartments is a market rate multifamily asset with value-add upside in the ever-expanding Virginia Commonwealth University submarket. VCU enrollment continues to grow and demand for quality housing is as strong as it has ever been across all demographics. As Downtown Richmond evolves, the market will reward owners who prioritize entrepreneurial marketing tactics, provide integrated technologies, and offer retail amenities like fast casual dining. The current owners have spared no expense maintaining Iron House, so the new owner will be able to focus on income-generating strategies. The property is directly across the street from VCU's indoor arena, the Siegel Center, a block from the VCU bookstore, and an easy walk or bike ride to the primary academic campus, Monroe Park, and its dining, recreational, and social offerings. With a Walk Score of 96, Iron House is a ‘Walker's Paradise' community, where daily errands do not require a car. Kroger, the area's only major supermarket, is only a block west of the property.

Location

State VA

County Richmond City

Area 10 - Richmond

Interior

Cooling Central Air

Exterior

Roof Type Flat

Topography Level

Handicap Access Accessibility Features

Building

Lot Description Level

Building Description Brick, Elevator(s),Multi-Tenant

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick

Others

Tax ID W000-0615-024

Ownership Investment


Central Virginia Regional MLS (CVR MLS)
Listed by One South Commercial LLC
SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    J.E.B. Stuart Elementary School

    Public | PK - 5

  • 6

    Mary Munford Elementary School

    Public | PK - 5

  • 6

    George W. Carver Elementary School

    Public | PK - 5

  • 5

    John B. Cary Elementary School

    Public | PK - 5

  • 5

    Patrick Henry School of Science and Arts

    Public | KG - 5

  • 5

    William Fox Elementary School

    Public | PK - 5

  • 4

    Linwood Holton Elementary School

    Public | PK - 5

  • 3

    Ginter Park Elementary School

    Public | PK - 5

  • 3

    Bellevue Elementary School

    Public | PK - 5

  • 2

    Chimborazo Elementary School

    Public | PK - 5

  • 1

    Westover Hills Elementary School

    Public | PK - 5

  • 1

    Swansboro Elementary School

    Public | PK - 5

  • 1

    Blackwell Elementary School

    Public | PK - 5

  • 1

    Laburnum Elementary School

    Public | PK - 5

  • 1

    Overby-Sheppard Elementary School

    Public | PK - 5

  • 1

    George Mason Elementary School

    Public | PK - 5

  • 0

    Richmond Waldorf School

    Private | PK - 8

  • 0

    Tuckahoe Montessori School

    Private | PK - 5

  • 0

    Rudlin Torah Academy

    Private | KG - 8

  • 0

    Charterhouse School

    Private | 2 - 12

Middle Schools 5
  • 4

    Albert Hill Middle School

    Public | 6 - 8

  • 2

    Binford Middle School

    Public | 6 - 8

  • 1

    Henderson Middle School

    Public | 6 - 8

  • 1

    Martin Luther King Jr. Middle School

    Public | 6 - 8

  • 0

    Richmond Alternative

    Public | 6 - 11

High Schools 8
  • 10

    Open High School

    Public | 9 - 12

  • 8

    Richmond Community High School

    Public | 9 - 12

  • 3

    John Marshall High School

    Public | 9 - 12

  • 1

    Thomas Jefferson High School

    Public | 9 - 12

  • 1

    George Wythe High School

    Public | 9 - 12

  • 0

    Richmond Career Education & Employment (Charter Sc

    Public | 9 - 12

  • 0

    St Gertrude High School

    Private | 9 - 12

  • 0

    Richmond Technical Center

    Public | 9 - 12

School and business data provided by Attom Data.
Ivy Stewart

Ivy Stewart

Agent | License ID: 0225272928

+1(804) 638-4826

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1311 W Broad ST