“When I (bought it) everybody told me I was completely out of my mind,” said John Zehler, who paid $355,000 for the property in 1992. It sold this week for $1.9 million.
Mike Platania
Thalhimer’s purchase of 3.5 acres sign of developer interest in Northside
The real estate giant spent $2.75 million to buy land in the Chamberlayne Avenue corridor, where hundreds of apartments are being planned and built.
Casino referendum, Southern States silos rezoning get City Council approval
A permit for a three-story building, rezoning for a building up to 12 stories, a permit for an apartment complex and a request to allow a brewer to share a gelato cafe were also OK’d.
Maryland firm buys West End retail, industrial center for $12M to diversify Richmond holdings
Feldman Bergin Properties purchased the 88,000-square-foot Deep Run Centre in Henrico, its third deal in the region in the last 12 months.
Assisted living facility near Carytown closed for ‘much needed renovations’
JF Capital, the owner of the three-story, 27,400-square-foot Windsor Senior Living building and its 2.2-acre parcel, is fielding offers for the property.
Texas chain Torchy’s Tacos firing up an eatery in Carytown Exchange
Sleep Number, Chase Bank, CityRow and the Virginia ABC have also signed leases at the $40 million shopping center following Publix’s opening last year.
Punk rocker-turned-real estate investor bags BoDillaz building on Broad
Matthew Johnson, who also worked for the Obama administration, and his real estate agent wife bought the commercial building to diversify their portfolio.
Vegan Philly cheesesteak shop opens on Hull Street in Manchester
Philly Vegan relocated from a smaller space in Bon Air. For carnivores, Str8 Out of Philly has opened a cheesesteak shop at 407 N. First St.
Hard seltzer brewer closer to shacking up with downtown gelato shop
The city’s planning commission recommended allowing the two businesses to share the Jackson Ward storefront and split operating costs.
New Main Street Steakhouse will try to fill void left by Morton’s closure
“I felt like the city’s missing that steakhouse feel,” said the owner, a first-time restaurateur and Richmond native with a background in commercial cleaning.