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Property profile

15 5Th St Richmond, VA 23219

OFF-MARKET
Office Spaces
7,998 SF 0.25 ac lot Built 1844
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Property summary

AI-generated overview

This stunning 1844 Richmond office building, located at the prominent corner of 5th and E Cary Streets in Monroe Ward, offers 7,998 square feet of meticulously preserved space. The main three-story building, boasting 6,348 square feet, features high ceilings, beautiful winding staircases, large rooms, and huge windows showcasing original architectural details. Ideal for a variety of professional uses, including law firms, financial planners, or creative agencies. A renovated two-story carriage house (1,650 square feet) provides additional space, potentially for a separate business or rental income. The property sits on a 0.246-acre lot and is zoned B-4. Off-street parking is available. Currently 100% occupied, this stabilized investment presents a unique opportunity to own a piece of Richmond history. The asking price is $1,400,000, with a price per square foot of $271.32. This property is a single-tenant building with one main structure and a carriage house.

Property profile

Verified
Property type Office Spaces
Year built 1844
Total area 7,998 SF
Lot 0.25 ac (10,716 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Tour Operator
  • Home Health Care Service Assisted Living Facility

Location

15 5Th St Richmond, VA 23219
Richmond metro
Google Maps

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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