Creative Solutions For You

801 W Clay St, Richmond, VA 23220

Property Status: Available | For Sale: $550,000.00

2 Bedrooms / 2.5 Baths / Multiple Family

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Residential Retail Investment Opportunity in Carver Residential Historic District

Prime Mixed Use Investment Opportunity in the Historic Carver Residential Neighborhood. This 3-unit, income producing complex features a local neighborhood grocery/convenience store with stocking area, two residential apartments, and private outdoor living spaces. Located just minutes from the Broad Street corridor National Historic District, Enterprise Zone, Conservation Redevelopment Area, and one of the Governor’s newly designated “Opportunity Zones,” the property offers several layers of Federal, state, and local tax incentives for potential redevelopment. All units are currently occupied and eligible for renegotiation of terms in 2018. Don’t miss the opportunity to unlock tremendous upside potential in this Carver/Jackson Ward redevelopment project with more than 2,000 leasable square feet in the main building and detached garage. Contact the listing agent today for additional details.

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