Two Richmond properties change hands

Office and apartment buildings sold

Published May 9, 2022 by Robyn Sidersky

Two properties in Richmond — an office building in Scott’s Addition and an apartment building in The Fan — have been sold, brokerage firm Marcus & Millichap announced Wednesday.

An 11,130-square-foot building in Scott’s Addition at 3412 W. Leigh St. has sold for $1.8 million, according to Marcus & Millichap. According to city property records, the sale closed on April 21 and was sold by 3410 W. Leigh LLC to 3410 W. Leigh St. LLC. The building is on a quarter-acre rectangular parcel. The seller redeveloped the second floor into an office space, and the first floor was sold as a cold shell, which means it is unfinished.

The property was sold by Kerry Riley, in Marcus & Millichap’s Richmond office.

The apartment property at 2327 Floyd Ave., in Richmond’s Fan District, has six apartments and sold for $1.175 million. Each unit sold for $196,000. The building has three stories, and the apartments have two bedrooms and one bathroom each.

Boatwright Investments LLC sold the property to WWS XXXI LLC, according to Richmond property records.

The transaction was handled by Theo Jolley, Altay Uzun, Justin Ferguson and David Chae of the Uzun Group and Marcus & Millichap’s Hampton Roads and Richmond offices.

  Subscribe to Virginia Business. Get our daily e-newsletter.