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215 W Clay St 3,822 SF Office Building Richmond, VA 23220 $880,000 ($230.25/SF)



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Investment Highlights
- In front of a park with a playground
Executive Summary
215 W Clay Street – Iconic Corner Property in Richmond’s Arts District
Situated in the heart of Richmond’s Arts District, this striking brick corner building offers the perfect blend of historic charm and modern adaptability. Spanning three fully finished levels and over 3,800 square feet, this property presents a rare opportunity to combine business potential, residential comfort, and architectural elegance.
**Main Level:**
Currently configured as a turnkey coffee shop, the main level is fully equipped for immediate operation. It features two bars, multiple hand-wash sinks, a 3-compartment sink, and a mop sink, all fully plumbed and ready to go. Large storefront windows flood the space with natural light, while the corner location ensures maximum visibility. Facing a public park, the property benefits from city-approved outdoor seating, making it ideal for a café, boutique, gallery, or creative studio.
**Second Level:**
The upper floor houses a beautifully designed 2-bedroom, 2-bath apartment that exudes sophistication and comfort. Currently operating as a successful Airbnb with high occupancy rates, the apartment boasts mid-century style furnishings, hardwood floors, tall windows, and custom woodwork throughout. The kitchen is outfitted with vintage-style appliances, a built-in banquette, and charming tile finishes. Both bedrooms are bright and full of character, while the bathrooms feature walk-in showers and modern touches. The apartment can be seamlessly connected to the main level for a stylish live/work setup.
**Finished Basement:**
The basement offers additional versatility with a spacious main room, two lockable offices, a workshop/storage area with an industrial sink, and a full bathroom. Independently climate-controlled, this level can function as an extension of the apartment, an artist’s studio, or even a separate rental or workspace.
**Prime Location:**
Located within walking distance of galleries, cafés, and restaurants, 215 W Clay Street is at the epicenter of Richmond’s creative and cultural renaissance. The neighborhood is thriving, with new businesses opening regularly, contributing to its dynamic energy and increasing property values.
**Endless Possibilities:**
With minimal modifications, this property can adapt to a variety of visions — whether you’re looking to live, work, rent, or create. Its long-term appreciation potential and the prestige of owning one of the most recognizable buildings in the Arts District make it a truly unique investment opportunity.
Situated in the heart of Richmond’s Arts District, this striking brick corner building offers the perfect blend of historic charm and modern adaptability. Spanning three fully finished levels and over 3,800 square feet, this property presents a rare opportunity to combine business potential, residential comfort, and architectural elegance.
**Main Level:**
Currently configured as a turnkey coffee shop, the main level is fully equipped for immediate operation. It features two bars, multiple hand-wash sinks, a 3-compartment sink, and a mop sink, all fully plumbed and ready to go. Large storefront windows flood the space with natural light, while the corner location ensures maximum visibility. Facing a public park, the property benefits from city-approved outdoor seating, making it ideal for a café, boutique, gallery, or creative studio.
**Second Level:**
The upper floor houses a beautifully designed 2-bedroom, 2-bath apartment that exudes sophistication and comfort. Currently operating as a successful Airbnb with high occupancy rates, the apartment boasts mid-century style furnishings, hardwood floors, tall windows, and custom woodwork throughout. The kitchen is outfitted with vintage-style appliances, a built-in banquette, and charming tile finishes. Both bedrooms are bright and full of character, while the bathrooms feature walk-in showers and modern touches. The apartment can be seamlessly connected to the main level for a stylish live/work setup.
**Finished Basement:**
The basement offers additional versatility with a spacious main room, two lockable offices, a workshop/storage area with an industrial sink, and a full bathroom. Independently climate-controlled, this level can function as an extension of the apartment, an artist’s studio, or even a separate rental or workspace.
**Prime Location:**
Located within walking distance of galleries, cafés, and restaurants, 215 W Clay Street is at the epicenter of Richmond’s creative and cultural renaissance. The neighborhood is thriving, with new businesses opening regularly, contributing to its dynamic energy and increasing property values.
**Endless Possibilities:**
With minimal modifications, this property can adapt to a variety of visions — whether you’re looking to live, work, rent, or create. Its long-term appreciation potential and the prestige of owning one of the most recognizable buildings in the Arts District make it a truly unique investment opportunity.
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Building Size
3,822 SF
Building Class
C
Year Built/Renovated
1900/2018
Price
$880,000
Price Per SF
$230.25
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
Very walkable
80/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
60/100
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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