Richmond, VA 23220 1501 W Cary Street

1501 W Cary Street Richmond, VA - Image 11501 W Cary Street Richmond, VA - Image 21501 W Cary Street Richmond, VA - Image 3
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Presented By: Jordan Scroggins with Exit First Realty.
  • Central Virginia Regional MLS (CVRMLS) - 11 - VA
  • MLS# 2521937
  • 08/04/2025
  • SQFT • 3,401

Home Details

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.
Presented By: Jordan Scroggins with Exit First Realty.

Interior Features for 1501 W Cary Street

Bathrooms

Half Baths0
Total Baths

Other Interior Features

Air Conditioning Y/NNo
BasementPartial, Unfinished
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2

General for 1501 W Cary Street

Additional Parcels Y/NNo
AppliancesElectricWaterHeater, GasWaterHeater
Architectural StyleTwoStory
Attached Garage No
Carport Y/NNo
Construction MaterialsBrick, Block, Drywall, WoodSiding
CountyRichmond City
DirectionsUse GPS
DisclosuresFamilialRelation
Elementary SchoolFox
Full Baths
Garage Y/NNo
HOANo
High SchoolThomas Jefferson
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal Description0029.00X0122.00 0000.000
LevelsTwo
Lot Size UnitsAcres
MLS Area10 - Richmond
Middle/Junior High SchoolAlbert Hill
MobileHomeRemainsYNNo
ModificationTimestamp2025-08-06T11:00:33.420-00:00
New ConstructionNo
Number Of Units Total4
Occupancy TypeTenant
OwnershipPartnership
Ownership TypePartnership
Patio/Porch FeaturesDeck
PostalCityRichmond
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofRubber
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameNone
Tax Annual Amount5904.0
Tax Assessed Value535000
Tax Year2024
Year Built1900
Year Built DetailsApproximate
Zoning DescriptionR-63

Exterior for 1501 W Cary Street

Crops Included Y/NNo
Exterior AmenitiesLighting
FencingNone
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot, Level
Lot Size Acres0.0812
Lot Size Area0.0812
Parking FeaturesOffStreet
SpaNo
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Albert Hill Middle School
Elementary School Fox Elementary School
High School Thomas Jefferson High School

Anne Thompson

Associate
Price $899,950
MLS#2521937
List Date 08/04/2025
Property Type Income
Phone 804.216.2880
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