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215 W Clay St 3,822 SF Office Building Richmond, VA 23220 $935,000 ($244.64/SF)



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INVESTMENT HIGHLIGHTS
- Facing a park with a playground.
EXECUTIVE SUMMARY
215 W Clay Street – Iconic Corner Property in Richmond’s Arts District
Located in the heart of Richmond’s vibrant Arts District, this historic brick corner building offers a unique blend of timeless charm and modern functionality. Spanning over 3,800 square feet across three fully finished levels, this property presents a rare opportunity to combine business potential, residential comfort, and architectural elegance.
The main level is currently outfitted as a fully operational coffee shop, featuring two bars, multiple hand-wash sinks, a 3-compartment sink, and a mop sink — all fully plumbed and ready for immediate use. Expansive storefront windows flood the space with natural light, while the corner location ensures maximum visibility. Overlooking a public park, the property also boasts city-approved outdoor seating, making it an ideal spot for a café, boutique, gallery, or creative studio.
The upper level houses a beautifully designed 2-bedroom, 2-bathroom apartment that exudes sophistication and comfort. Fully furnished and currently operating as a successful Airbnb with high occupancy rates, the apartment features mid-century-inspired décor, hardwood floors, tall windows, and custom woodwork throughout. The kitchen is equipped with vintage-style appliances, a built-in banquette, and charming tile accents. Both bedrooms are bright and inviting, while the bathrooms offer walk-in showers and modern finishes. The apartment can also be seamlessly connected to the main level, creating a stylish live/work space.
The finished basement provides additional versatility, with a spacious main room, two lockable offices, a workshop/storage area with an industrial sink, and a full bathroom. This level is independently climate-controlled and can serve as an extension of the apartment, an artist’s studio, or even a separate rental or workspace.
Situated within walking distance of galleries, cafés, and restaurants, 215 W Clay Street is at the epicenter of Richmond’s cultural and creative resurgence. The neighborhood is thriving, with new businesses opening regularly, contributing to its energy and increasing property values. With minimal adjustments, this property can adapt to a variety of uses — live, work, rent, or create — while offering the long-term value and prestige of owning one of the most recognizable landmarks in the Arts District.
Located in the heart of Richmond’s vibrant Arts District, this historic brick corner building offers a unique blend of timeless charm and modern functionality. Spanning over 3,800 square feet across three fully finished levels, this property presents a rare opportunity to combine business potential, residential comfort, and architectural elegance.
The main level is currently outfitted as a fully operational coffee shop, featuring two bars, multiple hand-wash sinks, a 3-compartment sink, and a mop sink — all fully plumbed and ready for immediate use. Expansive storefront windows flood the space with natural light, while the corner location ensures maximum visibility. Overlooking a public park, the property also boasts city-approved outdoor seating, making it an ideal spot for a café, boutique, gallery, or creative studio.
The upper level houses a beautifully designed 2-bedroom, 2-bathroom apartment that exudes sophistication and comfort. Fully furnished and currently operating as a successful Airbnb with high occupancy rates, the apartment features mid-century-inspired décor, hardwood floors, tall windows, and custom woodwork throughout. The kitchen is equipped with vintage-style appliances, a built-in banquette, and charming tile accents. Both bedrooms are bright and inviting, while the bathrooms offer walk-in showers and modern finishes. The apartment can also be seamlessly connected to the main level, creating a stylish live/work space.
The finished basement provides additional versatility, with a spacious main room, two lockable offices, a workshop/storage area with an industrial sink, and a full bathroom. This level is independently climate-controlled and can serve as an extension of the apartment, an artist’s studio, or even a separate rental or workspace.
Situated within walking distance of galleries, cafés, and restaurants, 215 W Clay Street is at the epicenter of Richmond’s cultural and creative resurgence. The neighborhood is thriving, with new businesses opening regularly, contributing to its energy and increasing property values. With minimal adjustments, this property can adapt to a variety of uses — live, work, rent, or create — while offering the long-term value and prestige of owning one of the most recognizable landmarks in the Arts District.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
3,822 SF
Building Class
C
Year Built/Renovated
1900/2018
Price
$935,000
Price Per SF
$244.64
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,000 SF
Slab To Slab
10’
Building FAR
1.91
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
B-1 - General Business
AMENITIES
- 24 Hour Access
- Security System
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
1 1
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | N000-0120-001 | Improvements Assessment | $470,000 |
| Land Assessment | $79,000 | Total Assessment | $549,000 |
PROPERTY TAXES
Parcel Number
N000-0120-001
Land Assessment
$79,000
Improvements Assessment
$470,000
Total Assessment
$549,000
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215 W Clay St
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