1. Virginia
  2. Richmond
  3. 2824 North Ave
$350,000

2824 North Ave, Richmond, VA 23222

  • 6,402 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1966
  • Property Lot Size Icon0.33acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $55/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

This property will be sold via online simulcast on Double A Auction & Realty's website (VAAL#1011) on Thursday September 25 at 11AM. No pre-auction offers. Listing price is opening bid. Terms are 10% Buyer's Premium; $5,000 non-refundable deposit; closing in 45 days. Property Overview This North Avenue office building, offered together with its adjacent paved parking lot, presents a compelling opportunity in Richmond’s stabilizing office market. While currently vacant, the property benefits from its location in a walkable corridor of the city’s Northside neighborhood. Limited new supply, modest rent growth, and steady occupancy in comparable buildings create favorable conditions for repositioning, owner-occupancy, or investment lease-up. Included Parcels 2824 North Avenue – Professional Office Building (PIN N0000783003) 2820 North Avenue – Paved Surface Parking Lot (PIN N0000783004) Site & Improvements Combined Lot Size: ±0.33 acres (0.186 acres + 0.153 acres) Building Size: ±5,122 SF (Class C Office, built 1930/1966 per records) Stories: One-story masonry with basement Parking: On-site paved lot with approx. 10 marked spaces Zoning/Use: Professional office with paved parking Market & Investment Highlights Northside Submarket Vacancy: 4.4% (below metro average of 8.7%) Walk Score: 74 (Very Walkable) Transit Score: 43 (Some Transit) Tax & Assessment Information (2025) 2824 North Ave (Office): $516,000 total ($85,000 land + $431,000 improvements); Building area 5,122 SF 2820 North Ave (Parking Lot): $85,000 total ($79,000 land + $6,000 improvements); Lot size 0.153 acres Combined Assessment: $601,000

Listing Status:
Active
Listing Office:
Double A Auction & Realty : (434) 294-6093
Listing Agent:
Andy Austin : (434) 294-6093
MLS ID:
2525043
  • Heating: ElectricForced AirNatural Gas

This listing courtesy of Andy Austin, Double A Auction & Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Barack Obama Elementary School

3101 Fendall Ave, Richmond, VA, 23222

Grades KG-5

0.31 miles away

R

Richmond Alternative

119 W Leigh St, Richmond, VA, 23220

Grades 6-12

1.47 miles away

R

Richmond Community High School

201 E Brookland Park Blvd, Richmond, VA, 23222

Grades 9-12

0.20 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.