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Renovated Ground Floor Retail/Office 221 E Clay St 2,045 SF of Office/Retail Space Available in Richmond, VA 23219
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1st Floor | 2,045 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $36,810 /YR $3,068 /MO | Triple Net (NNN) |
1st Floor, Ste 1st Floor
This 2,045 SF ground floor commercial space offers a compelling blend of historic character, use flexibility, and excellent visibility right across—directly across from the Convention Center. Position your business at one of downtown Richmond’s most prominent corners with this exceptional 2,045 SF retail/office opportunity located at 221 E. Clay Street, directly across from the Greater Richmond Convention Center in the heart of Jackson Ward. This beautifully restored historic storefront has been fully renovated while preserving the character that makes Richmond’s historic commercial buildings so desirable. Soaring ceilings, abundant natural light, and entrances on both E. Clay Street and N. 3rd Street create an inviting, highly visible presence with exceptional accessibility and exposure. A rare feature of the space is its ability to accommodate dual concepts or storefronts, allowing users to create complementary retail experiences, separate customer-facing and operational areas, or multiple business concepts under one roof. The flexible floor plan is well suited for a wide variety of uses, including a design studio, café, boutique retailer, creative office, gallery, or other experience-driven concept seeking an inspiring urban setting. Surrounded by downtown’s growing residential population, major employers, government offices, and a steady stream of visitors attending conventions and events, the location benefits from consistent pedestrian activity throughout the year. Combining timeless architectural character with modern renovations and unmatched corner visibility, 221 E. Clay Street presents a rare opportunity to establish a distinctive presence in one of Richmond’s most dynamic and evolving neighborhoods.
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Fully renovated corner mixed use
- Right across from Richmond Convention Center
- Dual ground floor storefront/concept potential
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 2,045 SF | Gross Leasable Area | 4,090 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront Retail/Residential | Cross Streets | 3rd |
| Total Space Available | 2,045 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 4,090 SF |
| Year Built | 1900 |
| Cross Streets | 3rd |
Features and Amenities
- Bus Line
Nearby Major Retailers
