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Former Warehouse at Hard Corner
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1209 N Arthur Ashe Blvd, Richmond, VA 23230

Hard-corner former warehouse with three access points in a high-traffic Scott’s Addition intersection.

Space Size13,000 SF
Days on Market93

Property Features for 1209 N Arthur Ashe Blvd

General Information

Standard status Active
Size 13,000 SF
Property subtype Land
Zoning TOD-1

Additional Details

Traffic Count 23,000 vehicles/day

Building Details

Year Built 1948

Spaces For Lease

at 1209 N Arthur Ashe Blvd Contact us

Land Parcel

Term
Negotiable
Rate
Contact for pricing
Contact us

Warehouse

Size
13,000 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Divaris Real Estate - Richmond
Listed By: Read Goode · License #DC0225048636
Source: Divaris
Added: Jun 3 Changed: Aug 9 Last Checked: Sep 2 at 1:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Divaris Real Estate - Richmond

Investment Insights

Based on property information with market context.

This offering includes a former warehouse building and a large corner parcel totaling over half an acre, presenting a straightforward platform for continued industrial use or redevelopment. The site is described as a gateway location with three access points, supporting flexible ingress and egress for users and development concepts. The property is listed for lease as a 13,000-square-foot former warehouse.

Situated at the corner of Arthur Ashe Boulevard and W Leigh Street in Scott’s Addition, the site is positioned for strong visibility to both vehicles and pedestrians. The intersection is noted as one of the busiest in the area, and the property is cited at approximately 23,000 vehicles per day. The location is also described as being across from Bow Tie Cinemas. The property is under TOD-1 zoning, and the recent removal of parking regulations is highlighted as a factor that may broaden site redevelopment and reconfiguration opportunities.

With frontage and access tailored for active corner use, this site can be a practical fit for tenants seeking an established warehouse footprint on a high-traffic intersection, as well as for developers evaluating adaptive reuse or redevelopment. The area’s momentum is also reflected by planning for approximately 1,000 new apartments within 400 feet of the site.

Key Highlights

  • For lease: 13,000 SF former warehouse on a hard‑corner site at Arthur Ashe Boulevard and W Leigh Street
  • 23,000 VPD traffic count at the intersection
  • Over half‑acre property with three access points

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Electrical Service Hotel & Motel Parking Lot & Garage Grocery & Convenience Store Garden Center Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

23,000 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,842
Businesses Nearby
Well-served
Demand for This Use

Demographics for 23230, VA

8,263
Population
5,066
Households
1.6
Avg Household Size
35
Median Age
52%
College-Educated
89%
High-School Grad
4.3 sq mi
ZIP Area
1,922
Density / Sq Mi
$71,189
Median Household Income
$55,121
Median Earnings
$1,608
Median Rent
$343,500
Median Home Value

Market

Lease Benchmarks for Richmond, VA

$10.14 /SF/Yr
Avg Asking Price
$7–$13 /SF/Yr
Price Range
73,704 SF
Avg Space Size

Vacancy Rate% for Industrial in Richmond, VA

2.9% 2019
3.7% 2020
2.5% 2021
2.8% 2022
3.1% 2023
3.7% 2024
3.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Hard-corner former warehouse with three access points in a high-traffic Scott’s Addition intersection.
Where is this warehouse located?
The property is located at 1209 N Arthur Ashe Blvd Richmond, VA.
What are key features of this property?
This property features: For lease: 13,000 SF former warehouse on a hard‑corner site at Arthur Ashe Boulevard and W Leigh Street; 23,000 VPD traffic count at the intersection; Over half‑acre property with three access points
More about this property
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