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Brick Creative Studio
For Sale
$676,500
Pending

511 W Clay Street, Richmond, VA 23220

CommercialSale, Richmond, VA

Property SizeContact for details
Days on Market396

Property Features for 511 W Clay Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description R-6
Accessibility Accessible Approach with Ramp
Lot features Level
Subdivision 10 - Richmond
Standard status Pending
APN N000-0241-005

Taxes and HOA fees

Tax Description 0030.00X0153.74 0000.000
Legal Description 0030.00X0153.74 0000.000

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1964
Floors in Building 1
Building materials Brick
Roof type Flat, Rubber
Architectural style Other
Listing Agency: Joyner Fine Properties
Listed By: Bill Phillips · License #0225105604
Added: Aug 11, 2025 Changed: Sep 9 Last Checked: Sep 10 at 3:06PM
MLS# 2523230

Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This creative space is configured as a studio and occupies a brick building constructed in 1964. Building systems include central air conditioning and heat-pump heating, while the flat rubber roof provides the existing roof assembly. An accessible approach with a ramp supports entry. Public water and public sewer serve the property.

Located at 511 W Clay Street in Richmond, the space sits a few blocks from VCU and the city’s Arts District. The property combines a defined creative-use format with established building infrastructure and public utility connections.

Key Highlights

  • Studio‑format creative space in a brick building
  • Built in 1964
  • Central air conditioning and heat‑pump heating

Property Analytics

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Current Use

Cade Martin Photography ... Art Studio

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service Veterinary Clinic Carpet & Flooring Store Home Appliance Store Nursing Home

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

2,754
Businesses Nearby

Demographics for 23220, VA

36,942
Population
16,561
Households
2.2
Avg Household Size
27
Median Age
59%
College-Educated
94%
High-School Grad
4.8 sq mi
ZIP Area
7,696
Density / Sq Mi
$56,681
Median Household Income
$33,249
Median Earnings
$1,354
Median Rent
$468,900
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
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Frequently Asked Questions

What type of property is this?
Creative space - The property offers brick construction, central air conditioning, and heat-pump heating.
Where is this creative space located?
The property is located at 511 W Clay Street Richmond, VA.
What is the asking price?
The asking price for this property is $676,500.
What are key features of this property?
This property features: Studio‑format creative space in a brick building; Built in 1964; Central air conditioning and heat‑pump heating
More about this property
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