807 Broad St Richmond, VA 23220
This exceptional 8,000 square foot, two-story building at 807-809 W Broad Street offers a prime location in the heart of the VCU campus. Built in 1920, this property features a flexible layout adaptable to a variety of uses. The ground floor, with its high visibility and foot traffic, is ideal for retail businesses such as cafes, specialty shops, or medical/service-oriented businesses catering to the VCU community. The second floor, accessible by elevator, currently offers a mix of private and open office spaces, perfect for creative studios, professional services, co-working spaces, or educational institutions. The building's zoning is B-4, and it sits on a 0.12-acre lot. The entire 8,000 square feet can be leased by a single tenant, or the space can be subdivided to accommodate multiple users. This versatile property presents an unparalleled opportunity to establish a business in a high-traffic, high-visibility area with constant exposure to thousands of students, faculty, and visitors daily. The building's single-tenant occupancy potential, combined with its adaptable floor plan and prominent location, makes it an attractive investment for businesses seeking a strong presence in Richmond's vibrant urban core. The property includes one building with two stories and features elevator access. The APN is W0000361021.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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