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Retail Space with Basement
For Lease
$2,730/Mo

16 E Main Street, Richmond, VA 23219

Wood flooring, high ceilings and natural light define the interior, with mixed-use zoning.

Space Size1,260 SF
Days on Market294

Property Features for 16 E Main Street

General Information

Standard status Active
Size 1,260 SF
Net Rentable 1,260 SF
Zoning Mixed use

Space & Availability

Available Space 1,260 SF
Contiguous Space 1,260 SF
Space Use Office
Condition Turnkey

Site & Location

Neighborhood Mnwd

Amenities

freshly painted walls
beautiful natural light
wood floors
high ceilings
cute basement

Building Details

Building Size 1,254 SF
Year Built 1920
Listing Agency: Vancore Realty Group
Listed By: Phuong Vo-Thornburg
Source: Colerealestateinc
Added: Jan 2 Changed: Oct 23 Last Checked: Oct 23 at 5:24PM

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 Vancore Realty Group

Rey
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Investment Insights

Based on property information with market context.

This retail space at 16 E Main Street in Richmond includes wood flooring, high ceilings and a basement. The walls have been freshly painted, and natural light enters through the main entrance. Retail and office use are identified for the space, which has mixed-use zoning and was built in 1920.

The property is located in downtown Richmond, with access to other parts of the city.

Key Highlights

  • Basement included with the retail space
  • Wood flooring and high ceilings
  • Natural light enters through the main entrance

Property Analytics

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Current Use

Avenue 42 Salon Hair Salon

Suggested Use

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

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
$3.92 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,144
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
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Market

Lease Benchmarks for Richmond, VA

$15.24 /SF/Yr
Avg Asking Price
$1.21–$28 /SF/Yr
Price Range
8,866 SF
Avg Space Size

This space is priced 71% above the average of $15.24 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Retail space - Wood flooring, high ceilings and natural light define the interior, with mixed-use zoning.
Where is this retail space located?
The property is located at 16 E Main Street Richmond, VA.
What is the lease rate?
The lease rate is $2,730/Mo.
What are key features of this property?
This property features: Basement included with the retail space; Wood flooring and high ceilings; Natural light enters through the main entrance
More about this property
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