1801 E Cary St Richmond, VA 23223
For Sale
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This exceptional 15,774 square foot creative office building, situated in Richmond's vibrant Shockoe Bottom neighborhood, presents a unique owner-user opportunity. The three-story, 1914-built brick warehouse boasts original architectural details, including exposed brick, high ceilings, and post-and-beam accents. Currently 30% occupied, a newly signed seven-year lease with a prominent non-profit organization provides a stable income stream. The property features a dynamic floor plan, offering approximately 10,000 square feet of immediately available space on the second and third floors, seamlessly connected by a central staircase. This space offers a modern, light-filled layout, ideal for collaborative and open workspaces. The building also includes a substantial off-street parking component with approximately 42 spaces—a rare amenity in this desirable location. The prominent location offers excellent exterior signage opportunities, directly across from the 1717 Innovation Center. The property sits on a 0.573-acre lot and is zoned M-2. This turn-key opportunity combines historic charm with modern functionality, making it an ideal headquarters for a growing company seeking a stable investment. The property's APN is E0000134001, E0000134008, E0000134006. The building's layout currently features two distinct creative office occupancies across a total of 15,000 square feet, including a full basement.
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F.H. Boehling Co. Feeds And Seeds Pet Store & Service
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Prophet Advertising Agency Marketing & Advertising
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M-2 HEAVY INDUSTRIAL · Richmond, VARichmond. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.