Richmond, VA 23220 1501 W Cary Street
$899,950



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Presented By: Jordan Scroggins with Exit First Realty.
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
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
General for 1501 W Cary Street
Additional Parcels Y/NNo
Attached Garage No
Building FeaturesMultiTenant
Business TypeGrocery
Carport Y/NNo
CountyRichmond City
DirectionsUse GPS
DisclosuresOwnerIsListingAgent
Full Baths
Garage Y/NNo
HOANo
HeatingElectric, Zoned
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
MobileHomeRemainsYNNo
ModificationTimestamp2025-08-05T15:45:30.760-00:00
New ConstructionNo
Open Parking Spaces2.0
OwnershipInvestment, Owner-User
PossessionNegotiable
Possible UseOffice, Retail
PostalCityRichmond
Property Attached Y/NNo
Property TypeCommercialSale
Rent Control Y/NNo
RoofRubber
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count2
Tax Assessed Value0
Year Built1900
Year Built DetailsApproximate
Zoning DescriptionR-63
Exterior for 1501 W Cary Street
Crops Included Y/NNo
FencingNone
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.0812
Lot Size Area0.0812
SpaNo
Total Parking2.0
Waterfront Y/NNo
Additional Details
Price History
Angel Martinez
Associate