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309-317 E Broad St, Unit Richmond VA 23219 Richmond, VA 23219

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For Sale
$7,900,000

Income-producing mixed-use property in Richmond's Arts District.

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Listing Contact
Andrew Pegalis
Andrew Pegalis
Source: Slnusbaum

Listing Agency: S.L. Nusbaum Realty Co - Corporate Listing Agent: Andrew Pegalis

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

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Overview

Renovated Mixed-Use Arts District Building

The Gather Arts District Building, a 47,461 square foot mixed-use property, is located at 309-317 E. Broad St. in Downtown Richmond, VA. The building was largely renovated in 2019 for Gather, a provider of flexible co-working office space with premium amenities. Gather occupies approximately two-thirds of the property. Metro by T-Mobile, Ember Music Hall and SinnerG Tattoo occupy the ground floor retail spaces. The property is 100% occupied and presents an opportunity to own and maintain an income-producing asset or reposition for a future redevelopment opportunity. The building is located between Virginia Commonwealth University and the Medical College of Virginia, and is within walking distance of the Virginia State Capitol. Richmond, the capital city of the Commonwealth of Virginia, has a population of approximately 234,000, making it the fourth largest city in the state. The Richmond metropolitan population exceeds 1.3 million, making it the third most populous metro area in Virginia. The Greater Richmond area serves as the headquarters for eight Fortune 500 companies and continues to experience year-over-year job growth.
Location Intelligence

Current Use by Public Records

Coworking space

Suggested Use

Real Estate Agency Spa & Massage Center Restaurant Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Pharmacy

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

Location Insight

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  • Local Demand
City
Richmond
County
Richmond City
State
Virginia
Longitude
-77.4390229
Latitude
37.5436369

FAQs

What type of property is this?
Mixed-use property - Income-producing mixed-use property in Richmond's Arts District.
Where is this mixed-use property located?
The property is located at 309-317 E Broad St, Unit Richmond VA 23219 Richmond, VA.
What is the asking price?
The asking price for this property is $7,900,000.
What are key features of this property?
This property features: - 100% occupied mixed-use property provides immediate income.; - Magnificently renovated in 2019 offering modern amenities.; - Located in the Arts District of Downtown Richmond, VA.
More about this property
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