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Downtown Richmond Redevelopment Opportunity

307 E Broad St, Richmond, VA 23219

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For Sale

$725,000

Historic building in Richmond's Arts District ready for redevelopment.

Type:Commercial

Property size:

6,630 SF

Lot size:

0.08 Acres

Price / SF:

$109/SF

HighLights

Prime redevelopment opportunity in Richmond's Arts and Cultural District.
Zoned B‑4: unlimited building height, minimum three stories, dense transit‑oriented development encouraged.
Strategic location: walking distance to VCU, Convention Center, Jackson Ward, and Pulse stations.
Potential for city incentives: located in Richmond Enterprise Zone and CARE Program District.
High walk score (94) and bike score (91).
Flexibility for retail, office, and residential uses.

We can help!

Listing Contact

Sean Yoon

Learn more

For Sale

$725,000

Historic building in Richmond's Arts District ready for redevelopment.

Type:Commercial

Property size:

6,630 SF

Lot size:

0.08 Acres

Price / SF:

$109/SF

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 5:47 pm

Property Features for 307 E Broad St

General Information

Standard status: Active
Size: 6,630 SF
Lot size: 0.08 Acres
Property subtype: Commercial

Building Details

Year Built: 1940

We can help!

Listing Contact

Sean Yoon

Listing agent Sean Yoon License #0225237610

Listing office Joyner Fine Properties

Listing date Apr 24, 2026

Source Elliman

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 Joyner Fine Properties

HighLights

Prime redevelopment opportunity in Richmond's Arts and Cultural District.
Zoned B‑4: unlimited building height, minimum three stories, dense transit‑oriented development encouraged.
Strategic location: walking distance to VCU, Convention Center, Jackson Ward, and Pulse stations.
Potential for city incentives: located in Richmond Enterprise Zone and CARE Program District.
High walk score (94) and bike score (91).
Flexibility for retail, office, and residential uses.

Overview

Located in the heart of Richmond’s vibrant Arts and Cultural District, the property at 307 East Broad Street presents a redevelopment opportunity. This three-story retail building, originally built in 1940, offers creative flexibility for developers or owner-users. The 6,630-square-foot structure is situated on a 0.083-acre parcel in the City’s B-4 Central Business District. The property is currently in shell condition, providing a blank canvas for adaptive reuse or modern mixed-use redevelopment. The B-4 zoning allows for unlimited building height and requires a minimum of three stories, encouraging dense, transit-oriented development. Ground-floor commercial use is mandated on major corridors like Broad Street, making it suitable for retail, dining, gallery, or boutique concepts, while upper floors can accommodate residential or office uses. The property is located within a Richmond Enterprise Zone and a CARE Program District, potentially qualifying it for city incentives. Its strategic location is within walking distance to VCU, the Convention Center, Jackson Ward, and Bus Rapid Transit (Pulse) stations. The location has a bike score of 91, walk score of 94, and transit score of 52.

Location Intelligence

Current Use by Public Records

Merlin Electric & Lightning ... Electrical Service Shoe Tree II Clothing & Fashion Store

Suggested Use

Location Insight

Map
Local Demand

City: Richmond
County: Richmond City
State: Virginia
Longitude: -77.4390945
Latitude: 37.5436793

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For sale
Mixed-use properties
VA
Richmond
23219
307 E Broad St

What type of property is this?

Mixed-use property - Historic building in Richmond's Arts District ready for redevelopment.

Where is this mixed-use property located?

The property is located at 307 E Broad St Richmond, VA.

What is the asking price?

The asking price for this property is $725,000.

What are key features of this property?

This property features: Prime redevelopment opportunity in Richmond's Arts and Cultural District.; Zoned B‑4: unlimited building height, minimum three stories, dense transit‑oriented development encouraged.; Strategic location: walking distance to VCU, Convention Center, Jackson Ward, and Pulse stations.

307 E Broad St, Richmond, VA 23219

Historic building in Richmond's Arts District ready for redevelopment.

Property Features for 307 E Broad St

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Richmond Automotive Service Property

Richmond Industrial Cold-Storage Facility

Richmond Multifamily Investment Opportunity

Colonial Multifamily with Courtyard

Turnkey Multifamily with Heat Pumps

Historic Duplex With Two 4BR Units

New Construction Multifamily in Richmond

Richmond Duplex Near McGuire Center

Richmond Duplex: Leased Investment Opportunity

Two-Story Duplex on Corner Lot

Renovated Duplex in Richmond

Corner Commercial Building in Richmond

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