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    FOR SALE
    Coworking space

    309-317 E Broad St Richmond, VA 23219

    Property ID
    US87-Q052337
    309-317 E Broad St, Richmond, VA 23219 For Sale 1 / 20
    $7,900,000
    309-317 E Broad St, Richmond, VA 23219
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    Property summary
    AI-generated overview

    The Gather Arts District Building is a 47,461 SF mixed-use building located at 309-317 E. Broad St. in Downtown Richmond, VA. The majority of the building was magnificently renovated in 2019 for Gather, a provider of flexible co-working office space with premium amenities. Gather occupies roughly two-thirds of the property while Metro by T-Mobile, Ember Music Hall and SinnerG Tattoo occupy the ground floor retail. The offering presents an opportunity to own and maintain an income-producing asset or reposition for a future redevelopment opportunity. 100% occupied mixed-use property. Beautifully renovated in 2019. Located between Virginia Commonwealth University and Medical College of Virginia and walking distance to the Virginia State Capitol. Keep as income-producing or reposition.

    Property profile
    Verified
    Property type Coworking space
    UPID US87-Q052337
    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
    Value estimations
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