2404 Northumberland Avenue, Richmond, VA 23220 (MLS # 2501672)

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PRICE $1,850 SIZE 8,885 sqft LOT SIZE 23,174 sqft Request More Info Schedule a Showing

Nestled in the vibrant heart of the Virginia Union University (VUU) area and within a mile of the transformative Diamond District redevelopment project, 2348-2404 Northumberland Avenue offers an exceptional opportunity for businesses seeking visibility and growth in a rapidly redeveloping neighborhood. This neighborhood strip center features two retail spaces, each offering 1,500 rentable square feet, and a second-floor office suite with 1,000 rentable square feet. Surrounded by residential housing and poised to benefit from the influx of new apartment complexes, this property is ideal for destination services and businesses requiring signage visibility. The asking rates include full buildout costs for qualifying tenants with proven business success over the past three years, supported by profit and loss statements and other credit checks. Ample parking along N. Lombardy Street and Northumberland Avenue enhances accessibility, while upcoming improvements, including roof and parking lot upgrades, exterior painting, landscaping, and lighting enhancements, add to the property's appeal. Recent updates include a replaced flat roof, upgraded backstreet parking and lighting, new gutters with improved drainage, rear building painting, and the addition of a cement patio to the prospective end-cap restaurant space. Monument signage on N. Lombardy Street offers an excellent branding opportunity, and B-3 General Business District zoning supports a wide range of retail and service uses. The actual sizes of the units may vary slightly from what is listed and will be updated when correct data is received. NNN data is estimated and will be updated when applicable.