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Property profile & analytics
OFF-MARKET Estimated value $1,350,000
Investment properties

1211 Main St Richmond, VA 23219-3627

12,539 SF 0.1 ac lot Built 1866
Entity Owned 4-yr Hold Free & Clear
Property ID
US87-1096404
Property summary
AI-generated overview

This exceptional 2,878 square foot office space, located at 1211-1213 West Main Street in Richmond's Historic Fan District, is available for immediate lease. The property, built in 1900 and situated in a two-story building, offers a flexible layout ideal for a variety of office uses. The space is fully adaptable to meet diverse business needs, boasting a combination of private offices, conference rooms, and open work areas. With a minimum divisible space of 1,439 square feet and a maximum contiguous space of 2,878 square feet, this property provides ample room for growth. Currently, 2,761 square feet are vacant. Conveniently located near Virginia Commonwealth University (VCU), this prime location offers excellent walkability and accessibility. The building features both front and rear entrances for easy access. Off-street parking is negotiable. Its central location provides quick access to Downtown Richmond and major roadways including the Downtown Expressway, I-95, and I-195. The property is zoned UB. The building does not have elevators. This is a single-tenancy space in a one-building property. The APN is W0000441002. This newly renovated space presents a unique opportunity for businesses seeking a vibrant and convenient location in the heart of Richmond's Historic Fan District.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1866
Construction TYPE NOT SPECIFIED
Total area 12,539 SF
Lot 0.1 ac (4,227 SF)
Zoning code B-4 CENTRAL BUSINESS
APN E-000-0082-006
UPID US87-1096404
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Christian Science Reading Room Church
  • Greenbriar Cafe and Coffeehouse Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.71M
Blend (final) Blend
$1.35M
Owner & transaction history
1215 Main Street LLC · 4 yrs held
1215 Main Street LLC
since 2022
4 recorded transactions
2022
Price N/A
2021
$14.6M
2004
Price N/A
1969
Price N/A
Zoning & alternative use
B-4 CENTRAL BUSINESS · Richmond, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $2.1M +41.3%
Neighborhood: shopping center $2.1M +39.4%
Apartment house (5+ units) $2.0M +36.4%
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