833, 835, & 837 Azalea Avenue East, Richmond, VA, 23227

833, 835, & 837 Azalea Avenue East Richmond, VA 23227

833, 835, & 837 Azalea Avenue East, Richmond, VA, 23227
833, 835, & 837 Azalea Avenue East, Richmond, VA, 23227 833, 835, & 837 Azalea Avenue East, Richmond, VA, 23227 833, 835, & 837 Azalea Avenue East, Richmond, VA, 23227 833, 835, & 837 Azalea Avenue East, Richmond, VA, 23227
FOR SALE
Property Type:
Street Retail
Amount:
$375,000
Last Verified:
Sep 26, 2023

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Highlights

  • High Visibility Offering w/ Parking
  • Renovated Retail/Office Space
  • B2 & R3 Building Lots
  • Easily Accessible to I95

Description

High visibility retail/office property with residential and commercial lots for sale.

Property is situated just off I-95, which sees over ±127,076 vehicles per day. The surrounding area has a population of over ±239,000 within a 5-mile radius and more than ±102,270 households within a 5-mile radius. This property location is less than 10-miles north of Downtown Richmond and in the middle of numerous large residential areas including single-family homes, and apartment complexes. The property is less than a 5-minute drive from multiple schools.

Building Size: 870sq ft
Lot Size: 0.59 acres


Documents

Sale Brochure

Map of 833, 835, & 837 Azalea Avenue East, Richmond, VA, 23227

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.