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Renovated Corner Office Suites
For Lease
$3,400/Mo

223 N 1st St, Richmond, VA 23219

Corner office building with renovated suites, including private offices, conference room, and large open workspace on the 2nd floor.

Space SizeContact for details
Days on Market96

Property Features for 223 N 1st St

General Information

Standard status Active

Site & Location

Neighborhood Mnwd
Highway Access Yes

Additional Details

Office Units 2

Building Details

Year Built 1915
Listing Agency: One South Commercial LLC
Listed By: Ken Campbell · License #0226037201
Source: Ruckartre
Added: Jul 20 Changed: Oct 14 Last Checked: Oct 7 at 1:17PM

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

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Investment Insights

Based on property information with market context.

This corner office building features prominent architectural detail and a strong glass line. Both available suites have been renovated and are described as move-in ready. The second-floor layout includes private offices, a conference room, and a large open office workspace, supported by a dynamic floor plan.

Located at 223 N 1st St at the corner of 1st St and East Broad St, the property is positioned in a high-profile, walkable downtown area with diverse shops, restaurants, and cultural attractions. The building is also noted as being conveniently positioned near interstates, several parking garages, and mass transit, supporting everyday access for staff and visitors.

Key Highlights

  • Corner office building at the intersection of 1st St and East Broad St in Downtown Richmond
  • 2nd‑floor suite with a dynamic layout featuring private offices, a conference room, and a large open office workspace
  • Both available suites have been renovated

Property Analytics

Current Use

Hummel Associates Architect Resource One Furniture & Home Goods

Suggested Use

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

2
Office units
Yes
Highway access
NNN (Triple Net)
Lease Type
$0.56 /SF/Yr
CAM

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

Lease Benchmarks for Richmond, VA

$13.67 /SF/Yr
Avg Asking Price
$1.1–$24.5 /SF/Yr
Price Range
8,915 SF
Avg Space Size

This space is priced 73% below the average of $13.67 /SF/Yr.

Vacancy Rate% for Office in Richmond, VA

5.7% 2019
7.2% 2020
7% 2021
8.2% 2022
8.4% 2023
12.1% 2024
11.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Corner office building with renovated suites, including private offices, conference room, and large open workspace on the 2nd floor.
Where is this office unit located?
The property is located at 223 N 1st St Richmond, VA.
What is the lease rate?
The lease rate is $3,400/Mo.
What are key features of this property?
This property features: Corner office building at the intersection of 1st St and East Broad St in Downtown Richmond; 2nd‑floor suite with a dynamic layout featuring private offices, a conference room, and a large open office workspace; Both available suites have been renovated
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