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Historic Corner Building in Manchester
For Lease
$7,500/Mo

1201 Hull Street, Richmond, VA 23224

Two-story building in the heart of Manchester's commercial corridor.

Space SizeContact for details
Property Size18,036 SF
Days on Market140

Property Features for 1201 Hull Street

General Information

Standard status Active
Size 18,036 SF
Property subtype Commercial

Building Details

Building Size 18,036 SF
Year Built 1920
Listing Agency: One South Commercial LLC
Listed By: Christopher Corrada · License #0225066800
Source: Elliman
Added: Apr 24 Changed: Aug 28 Last Checked: Sep 9 at 8:13AM

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 One South Commercial LLC

Investment Insights

Based on property information with market context.

This historic two-story building, formerly the Thalhimer Department Store, is prominently positioned on a corner in the heart of Manchester. The property offers three floors of leasable space, including a partially finished, fully sprinklered basement with direct access from 12th Street, as well as a mezzanine level that enhances the building’s open, flexible layout. Renovated nearly 15 years ago, the building was thoughtfully restored to serve as the headquarters for local nonprofit Veterans Liberation Services, blending modern infrastructure with enduring architectural character. Situated along Hull Street, one of Manchester’s most prominent commercial corridors, the property enjoys strong visibility and access to the neighborhood’s growing residential population and influx of new businesses such as Sassy’s, Scharolina’s Cakes, Bolo’s Eatery, and Philly Vegan. The history of The Venus Theater, located next to the Hull Street Library, adds a distinctive sense of place and storytelling opportunity for future tenants, while the property’s scale and adaptability allow for impactful design and use flexibility. The property has a bike score of 61, making it bikeable, a walk score of 75, making it very walkable, and a transit score of 48, indicating some transit options. This location presents an opportunity to establish a destination business in a building that combines history, character, and modern readiness at the center of Manchester’s ongoing transformation.

Key Highlights

  • High Visibility Corner Location: Situated on a prominent corner in the heart of Manchester, offering excellent exposure.
  • Adaptable Space: Three floors of leasable space, including a partially finished basement and mezzanine level, providing design and use flexibility.
  • Historic Landmark: Located in the former Thalhimer Department Store, a recognizable and historic building.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office HVAC Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

905
Businesses Nearby
Under-served
Demand for This Use

Demographics for 23224, VA

39,468
Population
18,201
Households
2.2
Avg Household Size
33
Median Age
19%
College-Educated
80%
High-School Grad
11.6 sq mi
ZIP Area
3,402
Density / Sq Mi
$49,263
Median Household Income
$36,275
Median Earnings
$1,268
Median Rent
$189,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Richmond, VA

6.9% 2019
7.5% 2020
7% 2021
5.2% 2022
4.2% 2023
4.9% 2024
5.7% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Two-story building in the heart of Manchester's commercial corridor.
Where is this storefront property located?
The property is located at 1201 Hull Street Richmond, VA.
What is the lease rate?
The lease rate is $7,500/Mo.
What are key features of this property?
This property features: High Visibility Corner Location: Situated on a prominent corner in the heart of Manchester, offering excellent exposure.; Adaptable Space: Three floors of leasable space, including a partially finished basement and mezzanine level, providing design and use flexibility.; Historic Landmark: Located in the former Thalhimer Department Store, a recognizable and historic building.
More about this property
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