Marcus & Millichap Arranges $10.5M Sale of Mixed-Use Property in Richmond’s Shockhoe Bottom District

RICHMOND, VA. — Marcus & Millichap has brokered the $10.5 million sale of Haxall View, a mixed-use property in Richmond comprising 29 one- and two-bedroom apartments and 24,307 square feet of office and restaurant space. Located at 2101 E. Main St. in Richmond’s Shockhoe Bottom district, the two conjoined buildings are situated on 22,815 square feet at the corner of East Main and South 21st streets. The apartments at the former cigar factory feature exposed brick, private balconies, hardwood floors, bay doors and new kitchen appliances. Property amenities include secured parking, a fitness center and a rooftop deck. Christopher Chadwick and Dawson Rinder of Marcus & Millichap’s Washington, D.C., office represented the undisclosed seller in the transaction. The buyer purchased the asset in a 1031 exchange.