Search
Mixed-Use Property With Apartments
For Sale
Contact for pricing

1309 W Broad St, Richmond, VA 23220

Market-rate community combines residential units with commercial space near Virginia Commonwealth University.

Property Size30,165 SF
Days on Market131

Property Features for 1309 W Broad St

General Information

Standard status Active
Size 30,165 SF
Net Rentable 24,305 SF
Property subtype Multifamily

Units

Unit Mix 25 x 1BR/1BA, 6 x 2BR/2BA, 4 x 3BR/2BA
Multifamily Units 35

Additional Details

Road Access Yes

Building Details

Tenancy Multi
Listing Agency: One South Commercial
Listed By: Ryan Rilee · License #VA 0225187102
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 30 at 6:43AM

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

Investment Insights

Based on property information with market context.

Located at 1309 W Broad St in Richmond, Virginia, Iron House is a mixed-use property with 39 total units, including 35 residential units and 4 commercial units. The building contains 30,165 rentable square feet, with 24,305 residential square feet and 5,860 commercial square feet. Residential layouts include 25 one-bedroom, one-bath units; 6 two-bedroom, two-bath units; and 4 three-bedroom, two-bath units.

The property is positioned across from Virginia Commonwealth University’s Siegel Center and one block from the VCU bookstore. The primary academic campus, Monroe Park, and nearby dining, recreation, and social destinations are accessible on foot or by bicycle. A Kroger supermarket is located one block west. The community has a Walk Score of 96 and is described as market-rate multifamily housing.

Key Highlights

  • 39 total units: 35 residential and 4 commercial
  • 30,165 SF of total rentable area
  • Residential unit mix includes 25 1 BD/1 BA, 6 2 BD/2 BA, and 4 3 BD/2 BA units

Property Analytics

Current Use

Hangry Joe's Hot ... Restaurant Iron House Apartments Apartment Building

Suggested Use

Top Pick Plumbing Service Carpet & Flooring Store Pet Grooming Service (Bike/Boat/Book/etc) Store Daycare Center Nursing Home

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

35
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,404
Businesses Nearby

Demographics for 23220, VA

36,942
Population
16,561
Households
2.2
Avg Household Size
27
Median Age
59%
College-Educated
94%
High-School Grad
4.8 sq mi
ZIP Area
7,696
Density / Sq Mi
$56,681
Median Household Income
$33,249
Median Earnings
$1,354
Median Rent
$468,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Market-rate community combines residential units with commercial space near Virginia Commonwealth University.
Where is this mixed-use property located?
The property is located at 1309 W Broad St Richmond, VA.
What are key features of this property?
This property features: 39 total units: 35 residential and 4 commercial; 30,165 SF of total rentable area; Residential unit mix includes 25 1 BD/1 BA, 6 2 BD/2 BA, and 4 3 BD/2 BA units
(804) 690-1482 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message