2101 Venable ST new

Richmond,VA 23223

$ 1250000

- Bed

0 Bath

20581 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 20,581 sqft

Price per Sqft $60

MLS Listing ID 2525575

Style Victorian,Low Rise

Construction Status Approximate

HOA Y/N No

Year Built 1940

Annual Tax Amount $21,132

Tax Year 2025

Lot Size 10,859 Sqft

Acres 0.2493

Lot Dimensions 126x132

Property Sub-Type Multi Family

Property Description

Seize the chance to own a by-right, mixed-use project already approved for 19 apartments and up to 1,500SF of commercial space and 9 parking space. This package includes permit-ready plans with full MEPs, Part 1 and Part 2 State & Federal Historic Tax Credit approvals, and a $3.4M hard construction bid from a reputable local builder. The property's former sanctuary offers 3,200SF of incredible space with 34' ceilings, providing endless possibilities for a commercial venue. Whether reimagined as a boutique market, café, coworking hub, or unique event space, the character and scale here set it apart from anything else in the city. Location is unbeatable: directly across from Fat Rabbit, steps from Jefferson Park, and around the corner from neighborhood favorites like Kahlo's Taqueria, Union Market, and dozens of shops and restaurants. Future tenants will enjoy a highly walkable lifestyle, while your commercial space benefits from steady foot traffic and visibility. Adding to the appeal, the immediate block is undergoing a major transformation with 22 new townhomes planned next door, each expected to be marketed in the $500k range. This surge of investment underscores the area's growth and long-term value. With approvals, plans, and tax credits already in place, this project is primed for success—offering a rare blend of historic character, modern design potential, and unbeatable location.

Location

State VA

County Richmond City

Area 10 - Richmond

Direction From E Leigh St, Right on Mosby St. Left on Venable St, Home is on the Right.

Rooms

Basement Full,Walk-Out Access

Interior

Interior Features High Ceilings

Window Features Thermal Windows

Exterior

Exterior Feature Awning(s),Paved Driveway

Fence None

Community Features Street Lights

View Y/N Yes

View City

Roof Type Composition,Rubber

Garage No

Building

Lot Description Corner Lot,Level

Story 3

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Victorian,Low Rise

Level or Stories Three Or More

Structure Type Brick,Block,Drywall,Mixed

Construction Status Approximate

Schools

Elementary Schools Chimborazo

Middle Schools Martin Luther King Jr.

High Schools Armstrong

Others

Tax ID E000-0373-001

Ownership Corporate

Special Listing Condition Corporate Listing

View More
Favorite Go Tour