2021 North Avenue, Richmond, VA 23222 (MLS # 2626778)
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Prime mixed-use investment opportunity located in the heart of Richmond, Virginia. Totaling 3,968 square feet, the property features a fully operational laundromat on the ground floor, providing stable commercial income. Upstairs, two beautifully finished Class A apartments offer modern, high-end living. One unit is a spacious two-bedroom, two-bath layout, while the other is a generous one-bedroom, one-bath unit. Projected NOI for 2026 is $70,000. In addition to the existing improvements, the property includes a buildable lot, presenting a unique development opportunity for additional residential units or a mixed-use concept. Ideally situated in Richmond's Northside, the property is surrounded by a wave of revitalization"”including new multifamily developments, restaurants, and small businesses"”all contributing to the area's continued growth and appeal. With close proximity to downtown Richmond, Virginia Union University, and easy access to I-64 and I-95, this offering is a rare chance to invest in one of the city's fastest-improving corridors.
| DAYS ON MARKET | 2 | LAST UPDATED | 9/30/2026 |
|---|---|---|---|
| YEAR BUILT | 1916 | COMMUNITY | 30 - Richmond |
| COUNTY | Richmond City | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 30 - Richmond |
| CONSTRUCTION | Brick |
| INTERIOR | NoElevators |
| LOT | 6970 sq ft |
| LOT DESCRIPTION | Level |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Garden Home |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with One South Commercial LLC
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Last Updated: 10/1/26 2:27 PM PDT
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