5606 Staples Mill Rd - Medical Office

3,880 SF | Office Building | Richmond, VA 23228 | $1,500,000 ($387/SF) | 3.63% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,500,000

Property Type
Office
Square Feet
3,880 SF
Price / Square Foot
$387

Listing Contacts

Cole Atkins
Cole Atkins
Verified Profile
  • Property Info

Property Overview

Impeccably restored to its original grandeur, this unique and highly adaptable property presents an exquisite 1920s mansion situated on 3.79 acres, previously utilized as a mixed-use medical office and residential space. The site benefits from commercial drainage installations on its left side, enhancing functionality and efficiency. Featuring newer HVAC systems, a generously proportioned parking area boasting 16 spaces, inclusive of two designated for handicapped accessibility, and a well maintained slate roof, this property epitomizes premium quality. Further enhancements include professional grading of the premises, recent integration with public sewer and water services, and compliance with ADA standards throughout, evident in thoughtfully designed ramps, bathrooms, and spacious corridors. Original hardwood floors and millwork have been immaculately preserved, adding to the property's inherent charm and character. Offering boundless potential, this property serves as a blank canvas for the realization of diverse ventures. Ideal applications encompass but are not limited to medical facilities, rehabilitation centers, event venues, cooperative workspaces, conventional office settings, or redevelopment opportunities through rezoning initiatives. The main level features an expansive wrap-around covered porch, gracious sitting rooms, an elegant dining area, and a commercial kitchen complete with a convenient side entry and laundry provisions. The second floor comprises four intimate suites, thoughtfully arranged for event hosting, alongside a full bathroom. Ascending to the uppermost level reveals three spacious office suites and an additional full bathroom. Of the total land area, 2.1 acres are primed for immediate development, with the remaining acreage requiring further grading. Conveniently positioned just off the Staples Mill West exit on I-64 West, accessibility is optimized for both clients and commuters. With tenants vacated, this property stands poised for its next chapter under new ownership. Property was previously rented as a medical office with a SUP to allow the tenant to live on the premesis for $5596 (triple net). Property is currently zoned O2, however the option to build townhomes (R-4) zoning possibly attainable.

Property Details

Class
B
Year Built
1900
Stories
3
Property Subtype
Office/Residential, Loft/Creative Space, Medical, Office Live/Work Unit
Lot Size (sq. ft)
165,092 SF

Highlights

  • Heavy amounts of traffic directly in front of property & immediate proximity to I-64
  • Connected to public water/sewer & commercial drain line installed on premises
  • Property has been restored and is completely functional as a commercial rental

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].