Richmond VA Commercial for Sale
- Type:
- General Commercial
- Sq.Ft.:
- 10,024
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 2003
- Baths:
- MLS#:
- 2423882
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Courtesy: One South Commercial LLC
804-266-8831
ADDITIONAL INFORMATION
Nine-unit multi-family property located just blocks away from both VCU Medical Center and the Virginia State Capitol Campus. The property provides a blend of 2-bedroom and 1-bedroom units and a detached single-family home in the rear with a 2-bed/2 bath layout including a 3-bay garage. All units have modern finishes to complement the historic portions of the property. All tenants enjoy off-street parking as well as a short walk to many of Shockoe Bottom’s popular boutiques, restaurants and coffee shops. The property provides a future investor rental upside as reflected in the included pro-forma given its prime location and large unit size. Additionally, the B-5 zoning allows for the potential of short term furnished rental opportunities. 213-215 N 18th Street is an excellent opportunity for an investor looking to expand their portfolio or enter the Richmond market with a splash.
- Type:
- General Commercial
- Sq.Ft.:
- 1,400
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1980
- Baths:
- MLS#:
- 2421267
View additional info
Courtesy: Premier Residential LLC
804-794-2662
ADDITIONAL INFORMATION
3221 Cutshaw Ave is for sale or for rent! Great location. 1400 sq. ft. Assessment Area: 450 - Fan/Near West Owner financing available for qualified buyer or 3 year lease. Property Class: 442 - B Professional Office Zoning District: UB-2 - Urban Business Contact me for more information!
$1,450,000
18 W Franklin Street Richmond, VA 23220
- Type:
- General Commercial
- Sq.Ft.:
- 5,030
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Year built:
- 1895
- Baths:
- MLS#:
- 2423384
View additional info
Courtesy: One South Commercial LLC
804-266-8831
ADDITIONAL INFORMATION
Rare investment opportunity in the heart of Richmond’s Monroe Ward neighborhood: a meticulously renovated historic 1800s era building featuring five (5) luxurious short-term rental units. Located at 18 W Franklin St, just east of the VCU campus, this elegant 3 story building seamlessly blends timeless architectural charm with modern sophistication and convenience, offering guests an unparalleled experience. Each unit boasts high-end finishes throughout, including new kitchens, spa-like bathrooms, and designer furnishings, ensuring a stay that epitomizes comfort and style. This immaculate renovation preserves the building’s historic character while incorporating contemporary amenities, making it a standout choice for discerning travelers. With an excellent rental history and the ability to command top dollar rents, this property is a proven income generator. Its prime location near Richmond’s storied Jefferson Hotel and next to the Downtown YMCA offers guests great proximity to a myriad of area amenities and renowned restaurants, enhancing its appeal. Nestled in one of Richmond’s most sought-after centrally located neighborhoods, guests can enjoy easy access to the City’s vibrant arts scene along West Broad St, rich architectural fabric and streetscape throughout Monroe Ward, and some of Richmond’s most iconic restaurants including Stella’s Market, Perly’s, LeMaire, and Lillie Pearl. The area’s thriving tourism and business sectors ensure a steady stream of high-paying guests seeking access to some of the City’s most treasured destinations, maximizing your return on investment. Don’t miss out on this unique chance to own a piece of Richmond’s history while capitalizing on a lucrative short-term rental market.
$5,100,000
3405 Commerce Road Richmond, VA 23234
- Type:
- General Commercial
- Sq.Ft.:
- 42,628
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 3.46 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 2419081
View additional info
Courtesy: One South Commercial LLC
804-266-8831
ADDITIONAL INFORMATION
This single-tenant, long term lease investment opportunity is a chance for an investor to buy a strong cash flow building with market annual increases. The current lease with Git The Trucking Commercial Tires, a commercial tire installation and road service company, has been in place for over a year. Prior to the current tenant, the conditioned one-story building was previously used for printing and direct mail. The highly 1-95 visible building is approximately 41, 396 sf and has three (3) loading docks, one drive-in door, two (2) levelers and 3 phase/240 V/ 3000-amp service. The sizable property contains approximately 177 parking spaces within the 3.46-acre parcel. The industrial market in the Richmond area is extremely strong as demand remains very healthy. Rental rates have grown significantly in recent prior years and are still extremely stout. Richmond is extremely well located at the intersection of 1-95 and 1- 64, making it an excellent distribution location for the entire East Coast. 3405 Commerce has a Triple Net Lease structure with tenant responsible for all real estate taxes, building insurance, utilities and maintenance. The buyer of this property will be able to secure a robust return with very little management headaches.
$2,800,000
1920 Fairmount Avenue Richmond, VA 23223
- Type:
- General Commercial
- Sq.Ft.:
- 19,104
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.3 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 2412583
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Courtesy: ICON Realty Group
804-775-2000
ADDITIONAL INFORMATION
Welcome to an impressive 19,000 SF church facility, this listing includes 6 additional adjacent parcel lots totaling 1.3 acres. This unique property offers the best of both worlds: a turn-key solution for immediate use, and/or coupled with the exciting potential for future redevelopment! Currently suited as a church, this property has all the amenities needed for continued use. With spacious interiors, ample parking, and a serene atmosphere. It's ready to support a variety of activities and events from day one. However, what truly sets this property apart is its incredible redevelopment potential. Positioned in a growing area within Church Hill, this property presents a rare opportunity to reimagine and revitalize the space according to your vision. Whether you dream of creating a vibrant mixed-use complex, stylish retail destination, or modern residential development, this property offers the blank canvas to bring your ideas to life! Explore this extraordinary opportunity to own a property that offers immediate usability and endless potential for future growth and development.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Baths:
- MLS#:
- 2410862
View additional info
Courtesy: RE/MAX Commonwealth
804-360-5200
ADDITIONAL INFORMATION
Amazing opportunity to purchase a well maintained lot on Richmond Highway with additional access from E 19th Street. Lot had been used for over flow parking from neighboring church and lot was prepped for car traffic. Zoned B-3 General Business.
$2,800,000
3624 Belt Boulevard Richmond, VA 23234
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 5.47 Acres
- Baths:
- MLS#:
- 2408538
View additional info
Courtesy: HAAS Realty Group
804-349-5788
ADDITIONAL INFORMATION
12.8 Acres - mostly level. partially cleared, contiguous to CSX railroad, currently 8.577Ac M1 light manufacturing/industrial and 4.19Ac R4 1 and 2 Family Residential Land designated for light and heavy and manufacturing, woodworking shops, repair shops, and wholesale service and storage facilities. Offices, hotels, and most retail uses are also allowed. Churches and other places of worship are permitted as-of-right, while certain community facilities, like hospitals, require special use permits. The Veteran Hospital is located 1.5 Miles north on Belt Blvd and Broad Rock Sports Complex is 2.5 mi northeast. The Seller would consider selling part of the property.
- Type:
- General Commercial
- Sq.Ft.:
- 14,298
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1927
- Baths:
- MLS#:
- 2408018
View additional info
Courtesy: United Real Estate Richmond
804-359-9200
ADDITIONAL INFORMATION
PRICE IMPROVEMENT! For a savvy investor looking for a lucrative opportunity, 2301 Fairmount Ave represents an exceptional investment. This 14,298 sq ft property is set in the dynamic Church Hill neighborhood, promising substantial returns for the visionary who can breathe new life into it. This property's excellent potential and strategic location offer a rare chance to capitalize on Richmond’s growing market. The building, suitable for diverse redevelopment projects, is near vital amenities and downtown, enhancing its appeal to future tenants or buyers. A strategic investment here leverages historical charm for modern profit.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.46 Acres
- Year built:
- 1940
- Baths:
- MLS#:
- 2408060
View additional info
Courtesy: HAAS Realty Group
804-349-5788
ADDITIONAL INFORMATION
Corner lot with 1100sf vacant bungalow, zoned B3 for business use with apr. 120' fronting Richmond-Henrico Turnpike at Savannah Ave, apr. a half mile from Richmond Raceway and Amazon Robotics Center, and with apr. 10,000 vpd passing. There is opportunity to redevelop the existing building for business use and add onsite parking. Street parking is also available on Savannah Ave. This corridor connects significant residential and retail development nearby, as well as the $22.5 million enhancement project from Richmond-Henrico Turnpike and Laburnum Ave south, with plans for 6 lanes, sidewalks, bike lanes, landscaping, and new water main.
$3,250,000
1801 E Cary Street Richmond, VA 23223
- Type:
- General Commercial
- Sq.Ft.:
- 15,774
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1914
- Baths:
- MLS#:
- 2408866
View additional info
Courtesy: One South Commercial LLC
804-266-8831
ADDITIONAL INFORMATION
This rare offering represents a unique opportunity to acquire a “turn-key” move-in ready creative office for an owner occupant buyer seeking a new headquarters which provides both scale and flexibility. 1801 E Cary is a classic example of some of Richmond’s finest adaptive reuse projects located along Richmond’s historic Tobacco Row in the Shockoe Bottom neighborhood. A 3 story brick historic warehouse building, built in 1914, 1801 possesses many of its original architectural features including original post and beam accents, original exposed high ceilings, exposed brick walls, all enclosing a simple 5,000 SF floor plate. The property layout currently features two (2) distinct creative office occupancies across a total of 15,000 SF on a full basement. Each floor is accessible via 2 stairwells at either end of the ground floor space recently secured a 7 year lease with a highly reputable local nonprofit, providing an incoming owner occupant or investor a stable income stream to offset both initial acquisition and long term occupancy costs; the property is an ideal investment vehicle for any owner occupant company seeking growth, agency, and a stable return on their real estate strategy. The 2nd and 3rd floors, seamlessly connected to one another via a third open central staircase, offer an immediate exclusive occupancy of approximately 10,000 SF, featuring modern light-filled layout that features a dynamic hybrid of collaborative and open workspaces. Additionally, the property includes approximately 42 off street parking spaces, an incredibly rare amenity in Richmond’s Shockoe Slip and Shockoe Bottom neighborhoods. The building’s stature and visibility also provide an excellent signage opportunity right across from 1717 Innovation Center. 1801 E Cary is truly a premier location that offers both historic character and a distinctive modern aesthetic in one of Richmond’s most historic neighborhoods.
$2,300,000
2211 Dickens Road Richmond, VA 23230
- Type:
- General Commercial
- Sq.Ft.:
- 20,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1972
- Baths:
- MLS#:
- 2410206
View additional info
Courtesy: One South Commercial LLC
804-266-8831
ADDITIONAL INFORMATION
2211 DICKENS ROAD OFFERS AN INVESTOR OR OWNER OCCUPANT AN IDEAL LOCATION IN THE HEART OF METRO RICHMOND. The building is currently 100% leased to short term tenants with rents that are significantly below market giving an investor the opportunity to achieve strong returns in the short term by raising rents and ultimately redevelop or renovate in the long term to take advantage of the Genworth headquarters redevelopment across the street. The property has a strong rental history and is occupied by a diverse roster of businesses. Demand in the Richmond area is extremely strong for these smaller office and flex spaces. This is also a great opportunity for an owner occupant to control their destiny while receiving rental income from other tenants. The mid-century style building is approximately 20,000 square feet with an all brick façade and black glass windows. The property enjoys plentiful off- street parking for tenants and guests. The location is on Dickens Road one block off West Broad Street and one-half mile from the Interstate 64 interchange. The property sits right across the street from the former Genworth headquarters which is in the process of being redeveloped as a mixed-use destination by Greenberg Gibbons.
$450,000
5213 Warwick Road Richmond, VA 23224
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.52 Acres
- Year built:
- 1980
- Baths:
- MLS#:
- 2403557
View additional info
Courtesy: Samson Properties
804-430-9410
ADDITIONAL INFORMATION
$650k, LAND INCLUDED, BUSINESS NOT INCLUDED: The Owner is looking to sell this property (5213) with the adjacent parking lot, which consists of 5219 Warwick Rd (0.154 acres) & 5235 Warwick Rd (0.137 acres). Added to 5213 (0.230 acres), the total area of the 3 properties is 0.521 acres. The property resides just off of an intersection and is surrounded by a shopping plaza, gas station/convenience store, a church, & residential neighborhood. There is high potential for this area as there is also construction planned for additional residential properties as well as a commercial building in the area. The current lease term of the Tenant expires in 2029. Annual Rental Income is around $26,400 with NNN.
$1,499,000
102 N Lombardy Street Richmond, VA 23220
- Type:
- General Commercial
- Sq.Ft.:
- 4,649
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1893
- Baths:
- MLS#:
- 2329241
View additional info
Courtesy: Liz Moore & Associates
804-594-5870
ADDITIONAL INFORMATION
Remarkable, mixed-use property in the heart of the Fan District located at the corner of Lombardy Street and Floyd Avenue. Property consisting of cash-flowing laundromat (commercial unit) and 3 residential apartments. Laundromat business and assets are to be sold with the sale of the real property. Machines are new & utilize the Laundry Boss platform. Purchaser will have the option to continue the business or redevelop. Well maintained and renovated apartment units: Luxurious, 1st level owner's suite (APT 3) consists of hardwood floors, granite kitchen counter tops, and in-unit laundry. 1 Bath,1-BDRM/Studio unit (APT 1) with LVP flooring and walk-in closet off en suite. Large, second-level 3 BDRM 2 full bath unit with newly renovated kitchen, LVP floors and rooftop deck. All utilities for the laundromat are separately metered, residential units share metering for water only and are paid by the landlord. Additionally, a generous storage room is located at the rear of the first level (not included in any unit's measurement) & accessible only by the landlord. Unique opportunity combines option to continue a low-involvement business and passive real estate investment. Net Annual Income is $101,265.
- Type:
- General Commercial
- Sq.Ft.:
- 8,008
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- 2324670
View additional info
Courtesy: Joyner Fine Properties
804-270-9440
ADDITIONAL INFORMATION
NEWLY PRICED, ENHANCED DEVELOPMENT VALUE! A generational re-imagine and re-purpose development opportunity within the vibrant Fan District. Potential Historic Tax Credits. The 800 block to the 1100 block of West Franklin Street was once known as Richmond’s 5th Avenue, lined with Second Empire, Queen Anne, Jacobean, Romanesque and Colonial Revival styles architecture. This location is a part of the western portal to the original RPI, now VCU. This offering includes 2 buildings (previously 2- Fan single family homes) totaling a combined area of approximately 8,008 sq. ft. (~4,000 s.f. each) plus ~3,916 sq. ft. of full, unfinished basement. New roof, Off-street parking spaces. Consider the possibilities: Single family renovation/resale, owner-occupied single or Multi-Family, Duplex luxury rental units and/or convert to condominums, offices/mixed-use developent.
$1,400,000
508 E Cary Street Richmond, VA 23219
- Type:
- General Commercial
- Sq.Ft.:
- 7,998
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1844
- Baths:
- MLS#:
- 2330278
View additional info
Courtesy: One South Commercial LLC
804-266-8831
ADDITIONAL INFORMATION
The property sits on the prominent corner of 5th and E Cary Street in Richmond’s Monroe Ward, adjacent to the Central Business District. Built in 1844, this is one of the oldest structures in Richmond. The buildings are constructed of brick with a stucco overlay. The main building consists of 6,348 square feet over three floors. With high ceilings, beautiful winding staircases, large rooms, huge windows, and many original architectural features, the space would make perfect offices for attorneys, financial planners, family offices, architectural firms, or any creative type of use. The two-story carriage house adds another 1,650 square feet and could be used for a separate business or Airbnb, bringing in rent to the owner. This is a truly unique building that would be a great statement for any business or investor.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.61 Acres
- Baths:
- MLS#:
- 2304443
View additional info
Courtesy: Joyner Fine Properties
804-270-9440
ADDITIONAL INFORMATION
5 contiguous lots in Historic Jackson Ward. The properties are in an up and coming area of Jackson Ward close to the Saint Lukes Building, which has been a wonderful success in the revitalization of the area. These lots are located on 1st st. between Charity and Federal Street are close to VCU, VUU and the CBD and offer the potential for a high profile apartment or mixed use development. Jackson Ward is projected to be reconnected and revitalized in the Cities 2030 plans and is sure to be a success and add to the rebirth of the Downtown Richmond area.
$1,300,000
424 E Grace Street Richmond, VA 23219
- Type:
- General Commercial
- Sq.Ft.:
- 10,980
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1928
- Baths:
- MLS#:
- 2303990
View additional info
Courtesy: One South Commercial LLC
804-266-8831
ADDITIONAL INFORMATION
Welcome to 424 E Grace Street in Richmond, VA, a stunning historical building dating back to 1928. With the recent signing of a lucrative ten-year NNN lease covering both the first floor and basement, 424 E Grace emerges as a prime investment opportunity for both seasoned investors and prospective owner-occupants alike. Boasting a fully outfitted and easily accessible second floor, tailored to suit the needs of a new office tenant, this property stands ready to accommodate various business ventures. Its existing finishes coupled with favorable B-4 zoning present a multitude of avenues for maximizing returns, including several redevelopment possibilities. Moreover, it is primed for immediate occupancy by an owner-user, with minimal build-out requirements. Spanning nearly 11,000 square feet and strategically situated on a corner lot, the location remains an enticing prospect for retail or office purposes. With a range of highly reputed restaurants and cafes just steps away, the location of 424 E Grace Street is a bustling area one block south of Richmond’s iconic Broad St. Enjoy the convenience of being on the doorstep of popular establishments like Lillie Pearl, Wong Gonzales, Secret Sandwich Society, Rappahannock, and Buttermilk & Honey. The property is also walking distance to performing arts centers such as, The National and Dominion Energy Center. East Grace Street has undergone a transformation in recent years, with a wave of new development that has transformed the area into a vibrant and bustling neighborhood. The property sits prominently at the corner of N 5th St and E Grace St, making it a highly visible location with a stately architectural profile and glass line. The street is considered to be very walkable, with a range of amenities within easy reach.
- Type:
- General Commercial
- Sq.Ft.:
- 2,825
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- 2230416
View additional info
Courtesy: One South Commercial LLC
804-266-8831
ADDITIONAL INFORMATION
This corner retail, mixed-use opportunity offers a rare and unique investment for any Richmond restaurant operator seeking to own and operate in the historic Shockoe Bottom neighborhood. Just a block from the city’s recently renovated 17th St Farmers Market, 19 and 21 N 18th St are situated prominently on the southeast corner of E. Franklin and N 18th St, offering impressive visibility, accessibility, and stature in one of the city’s oldest neighborhoods. The property consists of two parcels: 21 N 18th St, a 6-car surface lot, and 19 N 18th St, a 2,800 SF 2-story, mixed- use building. 19 N 18th St is comprised of a well-established, ground-floor retail restaurant space and an updated, spacious 2-bedroom apartment on the second floor. The restaurant space features a cozy dine-in space, large bar, and full kitchen. The second-floor, 2-bedroom apartment possesses an open living/dining concept, second-floor balcony, painted brick walls, washer/dryer in unit, private entry on N 18th St, and central air. The unit is currently under market rent for the neighborhood and provides some excellent upside for any incoming buyer to increase the property’s cash flow and offset expenses.
Richmond Real Estate
The median home value in Richmond, VA is $396,550. This is higher than the county median home value of $316,300. The national median home value is $338,100. The average price of homes sold in Richmond, VA is $396,550. Approximately 38.89% of Richmond homes are owned, compared to 50.77% rented, while 10.35% are vacant. Richmond real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Richmond real estate agent to arrange a tour today!
Richmond, Virginia has a population of 225,676. Richmond is less family-centric than the surrounding county with 19.89% of the households containing married families with children. The county average for households married with children is 19.89%.
The median household income in Richmond, Virginia is $54,795. The median household income for the surrounding county is $54,795 compared to the national median of $69,021. The median age of people living in Richmond is 34.4 years.
Richmond Weather
The average high temperature in July is 89.7 degrees, with an average low temperature in January of 27.6 degrees. The average rainfall is approximately 44.3 inches per year, with 11 inches of snow per year.