$3,200,000 Not Disclosed Richmond, VA

MLS: 1708084   Type: Commercial   County: Richmond   City: Richmond   Area: 20 - Richmond   Zip: 23226     Stories: 2

Mortgage $15,023 /mo



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Grove at Libbie & Grove was built in the 1930’s. 5808 Grove Avenue was originally a movie theatre, built about the same time as Westhampton Theatre. According to city tax records, the building has 9437 finished square feet. There are 13 parking spaces on the property. Uses for the building are retail and service. Most notably, it has been the home of restaurants/cafes/ice cream/coffee, retail stores (ladies high fashion, antiques, home furnishings, men’s custom clothing), and a hair salon (Mango). Every southern city has an upscale shopping district built in the early to mid 1900’s. The Grove at Libbie and Grove is the centerpiece of Richmond, Virginia’s historic fashion district located in the city’s West End. The customers frequenting Libbie & Grove live close by. Many send their children to top private schools in the area: Saint Catherine’s and Saint Gertrude’s for girls, Saint Christopher’s for boys, Collegiate for both. Many are members of the prestigious Country Club of Virginia only two blocks away. Within walking distance of The Grove are several of the most desirable residential neighborhoods in central Virginia. Fred Larmore is a member of Castlewellan LLC.

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Price History

3/7/2017 Listed $3,200,000

Area 20 - Richmond
Heating Cooling 3 or More Zones, Central Air, Natural Gas
Originating MLS Central Virginia Regional MLS
Potential Use Retail, Service
Property Type Commercial
Retail Type Restaurant, Retail-Commercial
Total Number of Commercial Units 4
Virtual Tour https://www.rvathegrove.com
Zoning 33

Interior Features

Disability Equipped Yn No
Elevator No
Num Levels 2.00
Rentable Sq Ft 9618
Sprinklered None
Storage Yn Yes
Total Building Sq Ft 9437

Exterior Features

Doors Other
Drainage Excellent
Exterior Brick, Other
Fence Condition Good
Fence Type Board
Irrigation None
Land Area 14673
Land Area Type Sq. Ft.
Land Frontage Ft 51.44
Lot 6
Lot Dimensions 51.44X121.19
Num Parking Spaces Available 13
Road Type City Maintained Road
Roof Flat, Rubber
Sewer Sanitary Sewer
Topography Gently Rolling
Total Number of Uncovered Parking 13
Water Source Public Water

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Property vs Zip Code Avg (23226)

Price 3.20M Avg 997K

Acres 0.34 Avg 0.25

Visits 1,004 Avg 266

Days on Site 224 Avg 169

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Listing Provided Courtesy Of: Fred C Larmore with RE/MAX Commonwealth.

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Location & Address

Scott Winston
1231 Alverser Drive
Midlothian, VA

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