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14 W Marshall St
Richmond, VA 23220
14, 16, 18 W Marshall Street · Land For Sale · 0.32 AC

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INVESTMENT HIGHLIGHTS

  • Zoned RO-2, allowing for residential, office, or mixed-use development.
  • Excellent access to I-95 and I-195, with strong surrounding demographics.
  • Prime location near VCU, the Convention Center, and downtown Richmond.
  • 48+ parking spaces on a 0.3228-acre lot in historic Jackson Ward.

EXECUTIVE SUMMARY

The property currently operates as an income-producing asset with a lease in place through June 30, 2026, offering immediate cash flow while planning for future development. Zoned RO-2 (Residential-Office), the site provides flexibility for a range of potential uses, including residential, office, or mixed-use projects, subject to city approvals.

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Apartment Units
  • Parking Lot
  • Single Family Residence
Total Lot Size 0.32 AC
Opportunity Zone Yes
Zoning RO-2

1 LOT AVAILABLE

Lot

Lot Size 0.32 AC

0.3228-acre parking lot, located at 14, 16, and 18th W. Marshall Street in Richmond’s historic Jackson Ward, presents a rare investment and redevelopment opportunity in one of the city’s most vibrant neighborhoods.

DESCRIPTION

Positioned in the heart of Jackson Ward, the property benefits from strong surrounding demographics and proximity to major destinations such as Virginia Commonwealth University, the Greater Richmond Convention Center, and the thriving downtown business district. The area is known for its cultural heritage, walkable streets, and a growing mix of restaurants, retail, and entertainment venues. With easy access to I-95 and I-195, the site offers excellent connectivity to the broader Richmond metro area. This offering is ideal for investors seeking a stable income stream today with significant upside potential through redevelopment in a high-demand urban corridor.

  • Listing ID: 35380577

  • Date on Market: 4/4/2025

  • Last Updated:

  • Address: 14 W Marshall St, Richmond, VA 23220

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