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Mixed-Use Corner Property
For Sale
$1,050,000

221 E Clay Street, Richmond, VA 23219

Renovated 4,090 SF mixed-use building with a corner storefront and residential income space across two floors.

Property SizeContact for details
Days on Market89

Property Features for 221 E Clay Street

General Information

Standard status Active
Listing Agency: One South Commercial LLC
Listed By: Ann Schweitzer · License #0225211714
Source: Exprealty
Added: Jun 5 Changed: Aug 25 Last Checked: Aug 30 at 8:50PM

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.

Renovated mixed-use property offering 4,090 SF of flexible interior space with a currently operating duplex configuration. The building includes a standout corner storefront on the ground floor and residential space on the second floor, and it could potentially be reconfigured as a triplex or quadplex. The second-floor unit is currently operated as a short-term rental, and all personal property in that unit is conveyed with the sale.

The property is located directly across from the Convention Center and features extensive street frontage along both E. Clay Street and N. 3rd Street, supporting strong visibility and easy access.

For buyers seeking a versatile asset, the ground floor commercial component and the residential unit configuration offer multiple layout options, including the potential for two commercial suites on the ground level and two residential units on the second floor.

Key Highlights

  • Renovated 4,090 SF mixed‑use building (built 1900) with a corner storefront across two floors
  • Currently operated as a duplex; could be reconfigured as a triplex or quadplex, including ground‑floor commercial suites and second‑floor residential units
  • Second‑floor residential unit operates as a high‑performing Airbnb; all personal property in that unit conveys with the sale

Property Analytics

Current Use

The Queen's Library Tea ... Restaurant The Teacup Museum Resort J&D Photo Booth ... Photography Service

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

6,885
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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Renovated 4,090 SF mixed-use building with a corner storefront and residential income space across two floors.
Where is this duplex located?
The property is located at 221 E Clay Street Richmond, VA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Renovated 4,090 SF mixed‑use building (built 1900) with a corner storefront across two floors; Currently operated as a duplex; could be reconfigured as a triplex or quadplex, including ground‑floor commercial suites and second‑floor residential units; Second‑floor residential unit operates as a high‑performing Airbnb; all personal property in that unit conveys with the sale
More about this property
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