4509 W. Broad Street

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4509 W. Broad Street

Richmond, VA 23230
Asking Price
Contact for price
Asset Type
Traditional Office Office
Class
Class B

What's Special

Office | 3,663 SqFt <ul><li>​Office/Retail opportunity with dedicated off-street parking along W. Broad Street</li><li>​Exceptional frontage and high visibility on W. Broad Street</li><li>​3,663 SF freestanding building situated on 0.205 acres with on-site parking</li><li>​Zoned TOD-1 with planned Corridor Mixed-Use designation in the Master Plan</li><li>​Located within an Enterprise Zone</li><li>​Positioned adjacent to the highly successful Willow Lawn and Scott's Addition submarkets</li><li>​Seller financing avai

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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