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

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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.