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    1421 Bainbridge St Richmond, VA 23224

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    For Lease
    $20 SF/Yr ($1,666 /Mo)

    New retail space in historic Manchester, ready late summer/fall 2023.

    Property size:
    1,000 SF
    Lot size:
    0.36 Acres

    Property Features for 1421 Bainbridge St

    General Information

    Size
    1,000 SF
    Lot size
    0.36 Acres

    Source: Sperity Real Estate Ventures Agent Nathan Hughes

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

    Overview

    New Mixed-Use Retail Space

    A new mixed-use building is currently under construction in the historic Manchester area, situated two blocks from the Hull Street corridor. The 1,000 square feet retail space is anticipated to be ready for tenant improvements in late summer or early fall of 2023. The space will include a chase for a hood vent, and major systems will be delivered ready for connection. The developer seeks a business that will serve as an amenity for the building's tenants and the surrounding neighborhood. While not required, a food-related business is considered a potentially suitable fit for this location.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -77.4470856
    Latitude
    37.5206699

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    FAQs

    What type of property is this?
    Retail space - New retail space in historic Manchester, ready late summer/fall 2023.
    Where is this retail space located?
    The property is located at 1421 Bainbridge St Richmond, VA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Brand new mixed-use building, ready for your business.; - Located in historic Manchester, near Hull Street corridor.; - Space ready for tenant build-out in late summer/early fall 2023.
    (804) 349-1000
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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
    1421 Bainbridge St Richmond, VA 23224
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