1501 W Cary Street, Richmond, VA 23220
Local realty services provided by:Napier Realtors ERA



1501 W Cary Street,Richmond, VA 23220
$899,950
- - Beds
- - Baths
- 3,401 sq. ft.
- Multi-family
- Active
Listed by:jordan scroggins
Office:exit first realty
MLS#:2521937
Source:RV
Price summary
- Price:$899,950
- Price per sq. ft.:$264.61
About this home
A truly unique mixed-use opportunity awaits just blocks from Virginia Commonwealth University (VCU) at 1501 W Cary St. This property boasts two newly renovated residential units, offering a prime location for students or professionals seeking a vibrant urban lifestyle. The ground floor presents two distinct commercial spaces. One is a well-appointed office ready for immediate use, with the flexibility for other ventures under the R-63 multifamily urban residential district zoning, which is designed to promote pedestrian-oriented, neighborhood-serving commercial uses on corner lots. The other commercial space is a blank canvas, a gutted cornerstone with a 10-foot commercial hood, providing an incredible opportunity for a local restaurateur or entrepreneur to create a new business from the ground up. The surrounding area, nestled in The Fan and a short distance from Carytown and Downtown Richmond, provides a fantastic blend of potential tenants, from university students to young professionals, and business owners. The blend of retail, dining, and cultural attractions creates a highly desirable and walkable neighborhood, ensuring a steady stream of foot traffic. This property offers the perfect blend of residential income and commercial potential in a highly sought-after location. Owner is licensed Real Estate Agent in VA. Agent has business interest in property.
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Home facts
- Year built:1900
- Listing Id #:2521937
- Added:9 day(s) ago
- Updated:August 14, 2025 at 02:31 PM
Rooms and interior
- Living area:3,401 sq. ft.
Structure and exterior
- Roof:Rubber
- Year built:1900
- Building area:3,401 sq. ft.
- Lot area:0.08 Acres
Schools
- High school:Thomas Jefferson
- Middle school:Albert Hill
- Elementary school:Fox
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$899,950
- Price per sq. ft.:$264.61
- Tax amount:$5,904 (2024)
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