Carytown & Museum District News Events in Richmond Virginia, West of the Boulevard

December 3, 2007

7 Comments.

1. Happy Interactions?

   Anonymous @ December 3rd, 2007 at 12:52 pm

2. I’m a bit new to the area, but isn’t $32 large rock-bottom cheap for a shack in Carytown, much less a two-story shop?

   Bill @ December 3rd, 2007 at 1:11 pm

3. I also saw that Urban Artifacts had For Lease signs up in its windows.

   Parker @ December 3rd, 2007 at 7:08 pm

4. I interpreted that as 32k$ bought you the business (including the right to pay the rent), not the building.

   But yeah that would be ridiculously cheap.

   Ross @ December 3rd, 2007 at 11:48 pm

5. Believe me–that is the price of the business and lease. *Nothing* in Carytown is selling for less than high 900s-1.5m, which effectively eliminates the hope of small businesses owning their own real estate. Interesting tidbit: there are 150 businesses in c-town and fewer than a dozen landlords.
   The general trend of Spotts & Carneal/for rent signs popping up is mostly due to the astronomical real estate taxes the city has levied these past few years. Either the landlords raise the rent to cover the cost or pass it on the business. Also, either building improvements are left to businesses (or left undone altogether, not uncommon) or the landlord makes improvements and the city raises the assessment and therefore the taxes.
   As for Urban, one partner is pursuing her day job full time and the other is continuing the business in a smaller space down the street.

   jules @ December 5th, 2007 at 11:20 am

6. Wouldn’t this have to be the Luxor?

   Shelley @ December 5th, 2007 at 11:54 am

7. This has to be “Etc.” between Carytown Burger and the Wachovia branch.

   2 storeys, large bar upstairs, open floorplan that could easily facilitate a restaurant

   jay @ December 5th, 2007 at 2:31 pm

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