1622 W Main St, Richmond, VA 23220
Renovated office space in historic building near VCU campus.
- Added:
- Apr 24, 2026
- Days on Market:
- 52
- Last Refresh:
- Apr 24 at 5:47 pm
Property Features for 1622 W Main St
General Information
- Standard status
- Active
- Size
- 3,900 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1955
Listing agent Robert Jones (804) 399-6106
Listing office (804) 399-6106
Listing date Apr 24, 2026
Source Elliman
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 Robert Jones
HighLights
- Prime Location: Steps from VCU's main campus with excellent walkability (Walk Score: 94) and bike‑friendly access (Bike Score: 91).
- Unique Historic Character: Part of The Trolley, a renovated 1889 horse car barn, featuring original brickwork, soaring ceilings, and exposed structural details.
- Modern Functionality: Fully renovated with updated building systems, energy‑efficient lighting, and high‑speed connectivity.
- Spacious Layout: 3,900 square feet of professional office space with a mezzanine level for flexible use.
- Design Aesthetic: Industrial character with open floor plan flexibility and abundant natural light.
- Good Transit: Transit score of 52.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.8k | $21.24 |
| − Vacancy | −$12.9k | −$3.31 |
| EGI | $69.9k | $17.93 |
| − OpEx | −$17.5k | −$4.48 |
| NOI | $52.4k | $13.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Richmond City
- State
- Virginia
- Longitude
- -77.4617442
- Latitude
- 37.5479006