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2225 W Main Street, Richmond, VA 23220
For sale office units at 2225 W. Main Street in Richmond, Virginia.
Property Size1,345 SF
Price / SF$446.10
Days on Market7
Property Features for 2225 W Main Street
General Information
Standard status
Active
Size
1,345 SF
Property subtype
Retail, Office
Listing Agency:
Commonwealth Commercial Partners
(804) 793-0059
Listed By:
Todd Buttner · License #VA 0225246341
Source:
Crexi
Added: Jul 25
Changed: Jul 30
Last Checked: Jul 30 at 3:07AM
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 Commonwealth Commercial Partners
Investment Insights
Based on property information with market context.
For sale office units located at 2225 W. Main Street in Richmond, Virginia. The property is offered with a total size of 1,345 SF.
The asset’s street address provides straightforward identification for leasing or tenancy planning and property services. Its compact size can support businesses looking for a smaller office footprint in a standalone street address setting.
Interested parties can review the on-site space and configuration directly to confirm layout fit for specific office use requirements.
The asset’s street address provides straightforward identification for leasing or tenancy planning and property services. Its compact size can support businesses looking for a smaller office footprint in a standalone street address setting.
Interested parties can review the on-site space and configuration directly to confirm layout fit for specific office use requirements.
Key Highlights
- For sale office units at 2225 W. Main Street, Richmond, VA 23220
- Total size: 1,345 SF
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 | $28.6k | $21.24 |
| − Vacancy | −$4.5k | −$3.31 |
| EGI | $24.1k | $17.93 |
| − OpEx | −$6.0k | −$4.48 |
| NOI | $18.1k | $13.44 |
1,345 SF · lease $21.24/SF/yr · vacancy 15.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$258.3K
$226.0K – $301.4K
NOI $18,083 @ 7.0% cap · market cap 3.01%
Second Best
Retail
$209.7K
$183.5K – $244.7K
NOI $14,679 @ 7.0% cap · market cap 2.45%
Theoretical Best
Office A
$310.7K
$271.9K – $362.5K
NOI $21,752 @ 7.0% cap · market cap 3.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,874
Businesses Nearby
Explore this area
Business Placement
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 Office in Richmond, VA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - For sale office units at 2225 W. Main Street in Richmond, Virginia.
Where is this office units located?
The property is located at 2225 W Main Street Richmond, VA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: For sale office units at 2225 W. Main Street, Richmond, VA 23220; Total size: 1,345 SF