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Three-Story Mixed-Use Retail Building
For Sale
Contact for pricing
Pending

109 E Broad St, Richmond, VA 23219

Three-story mixed-use building with street-level commercial space and apartments above, featuring 22' frontage along E. Broad St.

Property SizeContact for details
Days on Market142

Property Features for 109 E Broad St

General Information

Standard status Pending
Property subtype Mixed Use, Retail

Building Details

Year Built 1915
Stories 3
Listing Agency: KW Metro Center
Listed By: Tim Dudley · License #VA 0225225069
Source: Crexi
Added: Apr 11 Changed: Aug 22 Last Checked: Aug 29 at 11:05AM

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 KW Metro Center

Investment Insights

Based on property information with market context.

This three-story mixed-use building includes commercial space on the first floor with apartments on the second and third floors. The property has a full basement and was built in 1915.

The building is located in downtown Richmond with 22' frontage along E. Broad St. The seller notes potential access to federal and state historic tax credits and that the property is located within Enterprise Zone (Zone III).

The offering is subject to an online auction, with the online auction ending on 4/28/20 at 3 PM.

Key Highlights

  • Three‑story mixed‑use building with street‑level commercial and apartments on the 2nd and 3rd floors
  • 22' frontage along E. Broad St. in downtown Richmond
  • First floor is commercial space with a full basement

Property Analytics

Current Use

Hammond Lofts Apartment Building

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic Carpet & Flooring Store Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

5,879
Businesses Nearby

Demographics for 23219, VA

5,307
Population
3,488
Households
1.5
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
1.3 sq mi
ZIP Area
4,082
Density / Sq Mi
$62,533
Median Household Income
$46,509
Median Earnings
$1,439
Median Rent
$287,500
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Three-story mixed-use building with street-level commercial space and apartments above, featuring 22' frontage along E. Broad St.
Where is this retail space located?
The property is located at 109 E Broad St Richmond, VA.
What are key features of this property?
This property features: Three‑story mixed‑use building with street‑level commercial and apartments on the 2nd and 3rd floors; 22' frontage along E. Broad St. in downtown Richmond; First floor is commercial space with a full basement
More about this property
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