🎅Watch replay of Dominion Energy Christmas Parade

Details released into future of shuttered Broad Street hotel

The former Akaza Hotel property at 6531 W. Broad St. in Henrico was purchased for $4.6 million by the KM Hotels. (Photos by J. Elias O’Neal)

RICHMOND, Va. — A busy local hotelier has added another project to its plate, this time by buying a property on West Broad Street that has seen several hotel flags come and go over the years.

Henrico-based KM Hotels last month purchased the former Akaza Hotel property at 6531 W. Broad St. for $4.6 million, according to county property records. It sits on 6.7 acres and most recently was assessed by the county for $3.8 million.

Keep reading on Richmond BizSense.

Love trying new restaurants? Listen to Eat It, Virginia!


Subscribe to the Eat It, Virginia! podcast. Email feedback and questions to EatItVirginia@gmail.com.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.