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Property profile

807 Broad St Richmond, VA 23220

OFF-MARKET
Retail properties & Spaces
Built 1920
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1920

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

807 Broad St Richmond, VA 23220
Richmond metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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