MLS® ID: 1922683
215-233 Arcadia Street
Richmond, Virginia, 23225 $2,800,000
Office/Warehouse Investment Opportunity [PORTFOLIO SALE]
This increasingly rare office/warehouse investment allows investors or owner users a stable tenant base with strong rental history that
still has a good upside. The portfolio consists of 3 different office/warehouse complexes and a buildable lot within two small blocks of each other. The units were designed for small business owners (contractors, technicians, distributors, sales teams, designers, etc.) who need a small office and adjoining warehouse. The spaces are approximately 1,000 square feet in total and include an office, bathroom, a storage room, deep sinks, warehouse space, and roll-up door. Some include dock space. Many tenants take two spaces as there are openings in each space allowing that configuration which make the property attractive to firms that are growing. The exterior construction is concrete block. The total square footage is 53,002, the total land size is 2.69 acres, and the undeveloped lot size is 0.35 acres.