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Historic Mixed-Use Building
For Sale
Contact for pricing
Pending

2816 W Broad St, Richmond, VA 23230

Restored architectural property with four commercial spaces and TOD-1 Transit Oriented zoning.

Property SizeContact for details
Days on Market142

Property Features for 2816 W Broad St

General Information

Standard status Pending
Property subtype Retail
Zoning TOD-1

Additional Details

Road Access Yes
Patio Yes

Building Details

Year Built 1928
Year Renovated 2015
Buildings 1
Construction Exotic Revival-style
Tenancy Multi
Listing Agency: One South Commercial
Listed By: Tom Rosman · License #VA 0225030879
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 3:28PM

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

Investment Insights

Based on property information with market context.

The Hofheimer Building is a historic mixed-use property constructed in 1928 and restored in 2015. Its current configuration includes four leasable commercial spaces, with the ground floor operated as a restaurant and the remaining areas occupied by an event venue and a beer garden and restaurant. The building is recognized by the National Trust for Historic Preservation for its role in the revitalization of Scott’s Addition and is identified by the Department of Historic Resources as the area’s only example of Exotic Revival-style architecture.

Located at 2816 W Broad St in Richmond, the property sits along W Broad Street and benefits from access to GRTC’s Pulse Rapid Transit service. TOD-1 Transit Oriented zoning supports commercial uses including office, retail, and coffee shop applications. Architectural plans have also been prepared for converting the second level into four 3bed/3bath units, providing an additional redevelopment concept.

Key Highlights

  • 1928 construction with restoration completed in 2015
  • Four leasable commercial spaces in the current configuration
  • TOD‑1 Transit Oriented zoning supports office, retail, and coffee shop uses

Property Analytics

Current Use

Peter Chang Restaurant

Suggested Use

Top Pick HVAC Service Daycare Center Auto Parts Store Electrical Service Skin Care Clinic (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

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,154
Businesses Nearby

Demographics for 23230, VA

8,263
Population
5,066
Households
1.6
Avg Household Size
35
Median Age
52%
College-Educated
89%
High-School Grad
4.3 sq mi
ZIP Area
1,922
Density / Sq Mi
$71,189
Median Household Income
$55,121
Median Earnings
$1,608
Median Rent
$343,500
Median Home Value

Market

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Restored architectural property with four commercial spaces and TOD-1 Transit Oriented zoning.
Where is this mixed-use property located?
The property is located at 2816 W Broad St Richmond, VA.
What are key features of this property?
This property features: 1928 construction with restoration completed in 2015; Four leasable commercial spaces in the current configuration; TOD‑1 Transit Oriented zoning supports office, retail, and coffee shop uses
(804) 353-0009 Call to check price and availability
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