349 E Belt Boulevard, Richmond, VA 23224

Property Description

Income-Producing 5.5% cap rate , lease until Sept 2027. 1276sf Retail Building with 2 bays on Large 1 Acre Lot, zoned B3 for General Retail Uses, such as Automotive Service, Storage, Gas, Car Wash, Convenience Store with 155' on E. Belt Blvd, located .5mi to I-64 and 4 Mi. to Downtown Richmond. This location is a designated Enterprise Zone with Incentives that include reduction of permit fees, user fees, business, professional and occupational license taxes, partial exemption from taxation of substantially rehabilitated real estate, and development tax.