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Mixed-Use Redevelopment Property
For Lease
$12,554/Mo

2500 E Marshall Street, Richmond, VA 23223

Ground-floor space can accommodate creative office or retail uses, with upper levels suited to potential apartment use.

Space SizeContact for details
Property Size13,695 SF
Days on Market388

Property Features for 2500 E Marshall Street

General Information

Standard status Active
Size 13,695 SF
Zoning RO-2

Site & Location

Neighborhood Shkb

Amenities

off-street parking

Building Details

Building Size 13,695 SF
Year Built 1917
Stories 3
Listing Agency: One South Commercial LLC
Listed By: Isaac Weintz · License #0225250413
Source: Colerealestateinc
Added: Oct 1, 2025 Changed: Oct 23 Last Checked: Oct 23 at 3:33PM

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 13,695-square-foot property was built in 1917 and is located at 2500 E Marshall Street in Richmond. Ground-floor and upper-level areas are identified for creative office or retail use, while the second and third floors could accommodate apartments. The property is zoned RO-2 and includes a large off-street parking lot.

The site is in the historic Church Hill area. The building previously housed a funeral home, and its stated configuration offers a range of potential mixed-use layouts.

Key Highlights

  • 13,695 SF property built in 1917
  • RO‑2 zoning
  • Ground‑floor and upper‑level space identified for creative office or retail

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Creative space

Suggested Use

Top Pick HVAC Service Auto Parts Store Electrical Service Daycare Center Plumbing Service (Bike/Boat/Book/etc) 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
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,611
Businesses Nearby

Demographics for 23223, VA

51,960
Population
27,141
Households
1.9
Avg Household Size
35
Median Age
32%
College-Educated
90%
High-School Grad
16.7 sq mi
ZIP Area
3,111
Density / Sq Mi
$56,518
Median Household Income
$39,828
Median Earnings
$1,224
Median Rent
$236,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Mixed-use property - Ground-floor space can accommodate creative office or retail uses, with upper levels suited to potential apartment use.
Where is this mixed-use property located?
The property is located at 2500 E Marshall Street Richmond, VA.
What is the lease rate?
The lease rate is $12,554/Mo.
What are key features of this property?
This property features: 13,695 SF property built in 1917; RO‑2 zoning; Ground‑floor and upper‑level space identified for creative office or retail
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