Downtown Historic Building | Richmond VA | Trustee Foreclosure

CLICK HERE  TO REGISTER AND BID ON OUR AUCTION PLATFORM

Online bidding begins Monday 2/22 culminating in a simultaneous online and live onsite auction on Friday 2/26 at 12 noon. 

PREVIEW DATES

• Friday Feb 12th from 9a-3p 
• Friday Feb 19th from 9a-3p
• Or by appointment

BASIC INFORMATION

• 2020 Tax Assessed Value: $1,015,000
• Last Sale Amount: $1,028,000
• Tax #: E-000-0080-003
• Zoned: B-4 Central Business
• Acres: 0.09
• Building Size: 12,120 sqft
• # Stories: 2
• Year Built: 1910
• Virginia Enterprise Zone: Yes
• Recognized on the State and Federal Historic Registry (DHR#127-6031-0011)
• State & Federal Tax Credit eligible

GROUND LEVEL (3,822 sqft) - Granite floors mixed with hexegonal porcelain tiles. Granite walls with original marble bank-teller counter. Spiral staircase with granite walls and steps with wrought iron railings. Commercial grade kitchen with vent hood.

GROUND LEVEL MEZZANINE (1,618 sqft)- Lounge and viewing area over the ground floor, with private club/bar area and night club lighting

LOWER LEVEL BASEMENT (3,822 sqft)- Bar Area | Dance Floor | Seating | Private Office | Restrooms | Storage Area

LOWER LEVEL MEZZANINE (2,858 sqft)- Bar Area with seating overlooking the dance floor

OTHER INFORMATION

• Directly across from US Court of Appeals for the 4th district
• Formerly Palazzio's Restaurant, Vanquish of Richmond, the Bank of Richmond, the Vault of Richmond
• Occupancy limit is 495
• Remodeled in 1986
• 2 stories with lower bar area & mezzanine
• Granite walls
• Grand spiral staircases
• Granite walls & cathedral ceilings
• Interior open faced brick walls
• Oak & mahogany wood trim and molding throughout

ADDITONAL DOCUMENTS

• TAX TICKET
• SITE PROFILE REPORT
• NATIONAL HISTORIC REGISTRY DOCUMENTS (see page 20)
• BROCHURE
• TERMS AND CONDITIONS
• BROKER PARTICIPATION FORM
• MEMORANDUM OF SALE
• INVESTOR PACKET (all documents combined)