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    306 Gilmer St Richmond, VA 23220

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    For Sale
    $895,000

    4,500 SF adaptable space in Richmond's Central Business District.

    Property size:
    4,500 SF
    Lot size:
    0.10 Acres

    Property Features for 306 Gilmer St

    General Information

    Size
    4,500 SF
    Lot size
    0.10 Acres

    Source: One South Commercial Agent Justin Sledd

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Adaptable Commercial Space For Sale

    This property features 4,500 square feet of adaptable space. The ceiling height is 14 feet on the south side, sloping to 12 feet on the north side. Two roll-up doors facilitate easy loading and unloading. The zoning is designated as B-4 Central Business District, permitting a diverse range of uses including retail and boutique storefronts, creative office or co-working space, breweries, cafés, and restaurants, art galleries, studios, and maker spaces, and residential or mixed-use redevelopment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Richmond Glass And More Glass & Mirror Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Butler’s Unique Catering, Uncle Reggie's Catering, Shareen's Cuisine, 3 Bees BCU LLC, Christieslunchbox.Com

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.4483743
    Latitude
    37.550077

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    FAQs

    What type of property is this?
    Flex space - 4,500 SF adaptable space in Richmond's Central Business District.
    Where is this flex space located?
    The property is located at 306 Gilmer St Richmond, VA.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - B-4 Central Business District zoning allows for diverse uses; - Adaptable 4,500 square feet of space; - High ceilings (14 feet sloping to 12 feet) offer flexible design options
    (804) 353-0009
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    Richmond, VA 23220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    306 Gilmer St Richmond, VA 23220
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