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    301 E Broad St Richmond, VA 23220

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    For Lease
    $2,650,000

    Retail space in the heart of Richmond's City Center.

    Property size:
    19,700 SF
    Lot size:
    0.23 Acres

    Property Features for 301 E Broad St

    General Information

    Size
    19,700 SF
    Lot size
    0.23 Acres

    Source: Cushman & Wakefield | Thalhimer - Corporate Agent Reilly Marchant

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

    Overview

    Prime Retail Space in Richmond

    This retail opportunity is located in the heart of the City Center. The available space ranges from 9,850 to 19,700 square feet across two floors. The space can be subdivided, and additional basement space is available for storage. The property features 72 feet of frontage on E. Broad St. and 137 feet on North 3rd St. It is located within walking distance of major Richmond attractions and venues. Situated at the gateway to the Cultural Arts District, the property serves over 31,000 VCU students. The property is zoned B-4 in an Enterprise Zone.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Corporate & Museum Frame Picture Frame Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.4448154
    Latitude
    37.5471372

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    FAQs

    What type of property is this?
    Retail space - Retail space in the heart of Richmond's City Center.
    Where is this retail space located?
    The property is located at 301 E Broad St Richmond, VA.
    What are key features of this property?
    This property features: - Prime retail opportunity in the heart of the City Center; - 9,850 - 19,700 SF available on two floors with additional basement storage; - Located at the gateway to the Cultural Arts District, serving over 31,000 VCU students
    (804) 837-1118
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    301 E Broad St Richmond, VA 23220
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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
    301 E Broad St Richmond, VA 23220
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