Bililey's Garage Apartments at City Center

412 North 3rd Street, Richmond, VA 23219

Property Information

  • For Sale $3,100,000
  • Property Type Multi-Family
  • Property Size 18,336 SF
  • Units 15
  • Lot Size 0.3 Acre
  • Parking Spaces Avail. 15
  • Property Tenancy Multi-Tenant
  • Year Built 1930
  • Year Renovated 2005
  • Date Updated Sep 18, 2026

Description

Opportunity Zone Downtown location, steps from Richmond's Convention Center, Medical College of Va., Children's Hospital, VCU School of Dentistry, Downtown Richmond Government Offices, ,J. Sargeant Reynolds Community College, multiple restaurants, and service businesses at I-64 and Richmond's upcoming 10-bay transit hub and mixed-use center.15 Unit Multi-Family Property located in one of Richmond's most exciting locations, only steps from the Richmond Convention Center, Coliseum Mixed-Use Project, Transfer Station, MCV, with interstate access and in a Federally Designated Opportunity Zone. Bliley's Garage Apartments at Richmond's City Center was built in 1930 and redeveloped in 2011 to 15 brownstone apartments consisting of(10) 1 and (5)2 bedroom units. The integrity of its design and construction earned developers the Better Housing Coalition Golden Hammer Award for the region's best and most environmentally-friendly project and the Greater Richmond Association of Commercial Real Estate's Best Multi-Family Project. Designated solar panels reduce carbon emissions and lower tenant costs. Along with the attached garage, character and charm of Bliley's Garage Apartments, structurally superior building with a blend of original, historic and modern features. Advanced energy-efficient systems, the outdoor patio, large, open spaces, tall ceilings and windows allow for an abundance of natural lighting. Custom kitchens crafted with handmade cabinets and unique finishes add to the industrial feel and integrity of one of Jackson Ward's most historically prominent properties. Enjoy stable income with opportunity to increase rentable square footage. Opportunity Zone Incentives Apply.

Highlights

  • 15 Fully Occupied Apartments
  • Major Redevelopment Taking Place Nearby
  • Opportunity to Redevelop apr 2200sf Garage and Outdoor Patio facing the Greater Richmond Convention Center to Multi-Level Mixed-Uses
  • Richmond Opportunity Zone
  • Well-positioned for long-term portfolio growth

Contacts

Location

Located at 412 North 3rd Street, Richmond, VA 23219, this property is part of the Richmond City Center neighborhood and Richmond Tidewater market.

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