Apartments & Restaurant in Virginia

Sale of Mixed Use property consist of Apartments & a Restaurant located in Richmond, VA. Historic, popular area, "Fan District". Rare combo, 2 residential rental or owner occupied units @ 1601 Hanover & commerical restaurant on sidestreet, 214 N. Lombardy St. Apt. #2, 1st floor, 1 bdrm, bay window in L/R. Unit #1 is fabulous 2-story unit for owner-occupant or upscale tenant for good rental income-3 bdrms,great kitchen, 2 full baths including special 900+ sq. ft. private master suite on 3rd level. Commercial rental space is active restaurant @ 214 N. Lombardy. Cool bars up & dwn. Restaurant has sep. meters. Seller retaining business and has existing lease in place, 3-5 yr renewable options. Ask agent regarding"Pie" lease."C/O" 3-units, 2 apartments + 1 restaurant. Very difficult to get new restaurant/commercial use location in this area. Separate electric meters for 2 apt. but 1 gas and 1 water/sewer meter for residential part of building. Per lease, formula for GWS tenant reimburse, bill monthly.

Features:

• Property Type: Multifamily
• Additional Sub-types: Restaurant
• No. Stories: 3
• No. Units: 3
• Building Size: 5,914 SF