2101 Venable Street, Richmond, VA 23223

Property Description

Seize the chance to own a by-right, mixed-use project already approved for 19 apartments and up to 1,500SF of commercial space and 9 parking space. This package includes permit-ready plans with full MEPs, Part 1 and Part 2 State & Federal Historic Tax Credit approvals, and a $3.4M hard construction bid from a reputable local builder. The property’s former sanctuary offers 3,200SF of incredible space with 34’ ceilings, providing endless possibilities for a commercial venue. Whether reimagined as a boutique market, café, coworking hub, or unique event space, the character and scale here set it apart from anything else in the city. Location is unbeatable: directly across from Fat Rabbit, steps from Jefferson Park, and around the corner from neighborhood favorites like Kahlo’s Taqueria, Union Market, and dozens of shops and restaurants. Future tenants will enjoy a highly walkable lifestyle, while your commercial space benefits from steady foot traffic and visibility. Adding to the appeal, the immediate block is undergoing a major transformation with 22 new townhomes planned next door, each expected to be marketed in the $500k range. This surge of investment underscores the area’s growth and long-term value. With approvals, plans, and tax credits already in place, this project is primed for success—offering a rare blend of historic character, modern design potential, and unbeatable location.