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    Richmond, VA Retail Properties & Spaces for Sale

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    Diamond District Mixed-Use Property
    Updated: Feb 25
    Diamond District Mixed-Use Property

    1603 Ownby Ln |, Richmond, VA 23220

    $6,695,000
    58,000 sqft
    B‑7 Zoning: Ideal for multi‑family, office, hotel, retail, warehouse, and distribution.
    Located in the developing Diamond District, planned for a 180‑room hotel, 1,100 multi‑family units, offices, and 58,000 SF of retail space.
    Proximity to the new VCU Athletic Village and new Baseball Stadium (construction begins in 2024).
    Walking distance to Scott's Addition.
    Masonry building with two loading docks.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    1603 Ownby Ln | Richmond, VA 23220

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    • Est. Cap Rate

      8.2%
      Above avg (5.9%)

    • Est. NOI

      $551K
      Annual

    • Price @ 7% Cap

      $7.87M
      Above asking

    • Last Sold

      Sep 2012
      $450K

    • Property Type

      Warehouse, Storage
      Built 1942
    View Property Analytics
    Automotive Service Buildings with Overhead Doors
    Updated: Mar 13
    Automotive Service Buildings with Overhead Doors

    6509 Dickens Pl, Richmond, VA 23230

    $995,000
    0.26 AC lot
    Prime location just off Broad Street (Route 250) with quick access to I‑64, providing outstanding connectivity.
    5,450 sq ft automotive service property suitable for automotive repair, contractor use, or light industrial operations.
    Two buildings with multiple work areas offering flexible commercial space.
    Building #1 features two service bays with auto lifts and overhead doors.
    Building #2 includes an office with a bathroom and shower, a secondary work area, and a storage room with overhead attic storage.
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    Retail Space on West Broad
    Retail Space on West Broad

    11500 West Broad Street, Richmond, VA 23233

    $7,800,000
    4,959 sqft

    Retail space available for sale on West Broad Street.

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    Downtown Richmond Redevelopment Opportunity
    Downtown Richmond Redevelopment Opportunity

    307 E Broad St, Richmond, VA 23219

    $725,000
    6,630 sqft 0.08 AC lot

    Historic building in Richmond's Arts District ready for redevelopment.

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    Retail Building on Large Lot
    Retail Building on Large Lot

    349 E Belt Blvd, Richmond, VA 23224

    $825,000
    1,276 sqft 1.00 AC lot

    Retail building with two bays on a one-acre lot.

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    Renovated Ground-Floor Retail Storefront
    Renovated Ground-Floor Retail Storefront

    1921 West Cary Street, Richmond, VA 23220

    $379,900
    983 sqft

    Turnkey renovated storefront with large display windows in Richmond’s Fan District for retail, service, or office use.

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    Former Bank Building on Azalea
    Former Bank Building on Azalea

    1101 Azalea Avenue, Richmond, VA 23227

    $640,000
    2,676 sqft 0.65 AC lot

    2,676 SF former bank building for sale on 0.653 AC.

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    Carytown Retail/Office Building For Sale
    Carytown Retail/Office Building For Sale

    25 S Nansemond St, Richmond, VA 23221

    $795,000
    1,732 sqft

    Retail/office building in Carytown with flexible zoning and parking.

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    Modern Office/Retail Space Available
    Modern Office/Retail Space Available

    221 Stonebridge Plaza Ave, Richmond, VA 23225

    $1,999,000
    7,200 sqft 0.26 AC lot

    7,200 SF office/retail space in Stonebridge Shopping Center.

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    Richmond Retail Building For Sale
    Richmond Retail Building For Sale

    1301 N Laburnum Avenue, Richmond, VA 23223

    $7,355,891
    3,440 sqft

    3,440 SF retail building in Richmond, VA for sale.

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    Restaurant Investment Opportunity
    Restaurant Investment Opportunity

    1001 N Lombardy St, Richmond, VA 23220

    $700,000
    1,200 sqft

    Tenant-occupied restaurant space near VCU and VUU.

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    Downtown Richmond Building For Sale
    Downtown Richmond Building For Sale

    819 E Main St, Richmond, VA 23219

    $2,150,000
    23,256 sqft

    Architecturally significant building in the heart of Downtown Richmond, Virginia.

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    Corner Commercial Building in Richmond
    Corner Commercial Building in Richmond

    1201 N 25th St, Richmond, VA 23223

    $595,000
    3,319 sqft 0.24 AC lot

    Single-story, open brick building zoned B2 for retail or office.

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    Bakery/Coffee Shop with Apartment
    Bakery/Coffee Shop with Apartment

    402 N 2nd St, Richmond, VA

    $899,950
    2,700 sqft 0.04 AC lot

    Fully-equipped bakery/coffee shop with sidewalk seating, studio, and apartment.

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    Richmond Gas Station For Sale
    Richmond Gas Station For Sale

    4300 Nine Mile Rd, Richmond, VA 23231

    $1,121,143
    1,425 sqft

    Gas station and convenience store in Richmond, Virginia for sale.

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    Carytown Retail Storefront Pair
    Carytown Retail Storefront Pair

    3427-3429 W Cary St, Richmond, VA 23221

    Contact for pricing
    5,911 sqft

    For sale retail storefront space in Richmond’s Carytown, supported by an established dining and shopping destination.

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    Manchester Warehouse/Showroom/Office with Yard
    Manchester Warehouse/Showroom/Office with Yard

    706, 710, 712, 714 Decatur St, Richmond, VA 23224

    Contact for pricing
    9,102 sqft

    9,102 SF warehouse/showroom/office with fenced storage yard.

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    Old Manchester Warehouse/Showroom/Office Space
    Old Manchester Warehouse/Showroom/Office Space

    706, 710, 712, 714 Decatur St, Richmond, VA 23224

    Contact for pricing
    9,102 sqft

    9,102 SF warehouse/showroom/office with fenced storage yard.

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    Old Manchester Warehouse/Showroom/Office Space
    Old Manchester Warehouse/Showroom/Office Space

    706, 710, 712, 714 Decatur St, Richmond, VA 23224

    Contact for pricing
    9,102 sqft

    9,102 SF warehouse/showroom/office with fenced storage yard.

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    Historic Building For Sale/Lease
    Historic Building For Sale/Lease

    140 Virginia St, Richmond, VA 23219

    $12,750,000

    Historic building with event venue infrastructure and ample patio space.

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    Retail Space in Anchored Center
    Retail Space in Anchored Center

    1505-1527 N Parham Rd, Richmond, VA

    Contact for pricing
    1,500 sqft 9.56 AC lot

    Retail spaces available in a Fresh Market anchored shopping center.

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    Auto Shop with Five Lifts
    Auto Shop with Five Lifts

    3318 Jefferson Davis Hwy, Richmond, VA

    $789,450
    2,400 sqft 0.17 AC lot

    Auto shop with loyal customer base and latest equipment.

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    Retail Space on Cary Street
    Retail Space on Cary Street

    3322 W Cary St, Richmond, VA

    Contact for pricing
    6,300 sqft 0.08 AC lot

    Highly visible retail space available for sale in Richmond, VA.

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    Warehouse, Showroom, and Office Space
    Warehouse, Showroom, and Office Space

    706, 710, 712, 714 Decatur St, Richmond, VA 23224

    Contact for pricing
    10,652 sqft

    9,102 SF warehouse/showroom/office with fenced storage in Old Manchester.

    View details

    Richmond, VA Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Richmond, VA, showcased through 43 active listings on our real estate platform. These investment opportunities span a total of 135,080 square feet of properties for sale, with an estimated market value of $36,628,334.

    Sale prices for stores in Richmond, VA start at $379,900, averaging $1,927,807, and reaching up to $7,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 57
    Storefront properties 22
    Automotive properties 16
    Grocery and convenience stores 11
    Auto shops 7

    Demographics Overview

    Population 594K
    Population Growth (5Y) +3.2%
    Median Household Income $75,947
    College Educated 27.8%

    High-Yield Neighborhoods for Investment

    Identify Richmond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    23224 $523.3K
    23227 $670K
    23222 $780K
    23221 $795K
    23230 $995K

    Taxes & Financing

    Tax Rate (average for all types) 0.37%
    Property Tax per SF $7.41 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Richmond City County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Richmond fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Richmond, VA

    • 23224
    • 23219
    • 23220
    • 23223
    • 23221
    • 23222
    • 23227
    • 23225
    • 23230
    • 23231
    • 23233

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