1623 Main St, Richmond, VA 23220-4632
- Retail space
- 11,760 SF
- 0.27 lot acres
Current Use by Public Records
- Try-Me Gallery / Art Gallery
Property Details for 1623 Main St
- Year built
- 1940
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.27 lot acres
- Zone code
- UB-PO3 PARKING OVERLAY
- Property type
- Retail space
- APN
- W-000-0658-004
- APU
- W0000658004
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 18, 2020 | — | Basc Dev LLC | — | Deed · related | $800k · Private Individual |
| Nov 19, 2015 | $900,000 | Basc Development LLC A Virginia Lim | Juley LLC A Virginia Limited Liabil | Special Warranty Deed | $720k · First Capital Bank |
| Apr 8, 2009 | $757,500 | Juley LLC | C S M & D LLC | Grant Deed | — |
| Sep 5, 2008 | — | Matheny Construction INC | Devore,donald B | Grant Deed | — |
| — | — | Basc Dev LLC | — | Deed Of Trust · related | $800k · Private Individual |
Description
This exceptional 11,760-square-foot creative office space is available for lease at 1623 W. Main Street in Richmond, Virginia. Located in Richmond city County, zip code 23219, this single-tenant property offers a unique opportunity for businesses seeking a large, adaptable workspace. The building's classification includes both retail and office uses, providing flexibility for a variety of tenants. The entire space is currently vacant, presenting a blank canvas for a prospective tenant to customize to their specific needs. The property's address is conveniently situated at 1623 W. Main Street, offering excellent visibility and accessibility. With its substantial square footage, this property is ideal for companies requiring ample room for operations, creative studios, or expansive office layouts. The property's location within Richmond city County provides access to a vibrant urban environment, offering a wealth of amenities and resources. This is a rare opportunity to secure a significant footprint in a desirable Richmond location. The property is ready for immediate occupancy, allowing for a swift and efficient transition for the new tenant. Interested parties are encouraged to inquire further to explore the possibilities this remarkable space offers. The property is categorized as a creative office space, suggesting a design conducive to innovative and collaborative work environments. The building's size and layout are well-suited for businesses seeking a prominent presence in the Richmond market.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,140,000
- 6.5%
- $1,975,000
- 7%
- $1,835,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,405,000
Market price range: $465k - $2.13M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Richmond City
- State
- Virginia
- Longitude
- -77.4619
- Latitude
- 37.5475
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA
