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Functional Office Space For Sale
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Pending

4312 Grove Avenue, Richmond, VA 23221

Office or medical space near Libbie & Grove neighborhoods.

Property Size3,560 SF
Days on Market155

Property Features for 4312 Grove Avenue

General Information

Standard status Pending
Size 3,560 SF
Property subtype Multifamily
Listing Agency: CBRE | Richmond
Listed By: Matt Hamilton
Source: Cbre
Added: Mar 25 Changed: Aug 23 Last Checked: Aug 10 at 2:43AM

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 CBRE | Richmond

Investment Insights

Based on property information with market context.

This property offers a functional space suitable for traditional office or medical practices. It features 18 parking spaces and is located near the Libbie & Grove neighborhoods, providing access to shopping and dining options. The property is also conveniently located near Carytown and the Fan District, with connectivity to I-195. The current zoning is RO-2. The property size is 3560 square feet.

Key Highlights

  • Highly desirable location near Libbie & Grove neighborhoods.
  • Abundant off‑street parking with 18 spaces.
  • Suited for office or medical practices.

Property Analytics

Current Use

Pilc & Moseley Accounting Firm Osprey Financial Financial Advisor Vanhuss & Associates Accounting Firm

Suggested Use

Top Pick Barber Shop HVAC Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Plumbing Service Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

458
Businesses Nearby
Balanced
Demand for This Use

Demographics for 23221, VA

14,841
Population
7,776
Households
1.9
Avg Household Size
35
Median Age
76%
College-Educated
98%
High-School Grad
3.3 sq mi
ZIP Area
4,497
Density / Sq Mi
$97,006
Median Household Income
$61,616
Median Earnings
$1,480
Median Rent
$544,400
Median Home Value

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Office or medical space near Libbie & Grove neighborhoods.
Where is this medical office space located?
The property is located at 4312 Grove Avenue Richmond, VA.
What are key features of this property?
This property features: Highly desirable location near Libbie & Grove neighborhoods.; Abundant off‑street parking with 18 spaces.; Suited for office or medical practices.
More about this property
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