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& 301 West Marshall Street 310 W Broad St 16,488 SF Retail Building Richmond, VA 23220 $1,595,000 ($96.74/SF)
INVESTMENT HIGHLIGHTS
- Scaled Redevelopment opportunity
- Potential to increase rentable SF
- Potential to utilize historic tax credits/enterprise zone
- 2 blocks east of VCU's proposed Costar Center for Arts & Innovation
- Significant exclusive off street parking
- 2 parcels
EXECUTIVE SUMMARY
A rare redevelopment opportunity in the heart of Richmond’s dynamic Arts District, this unique three-story historic building offers exceptional potential near VCU’s bustling campus. Ideally suited for a scaled mixed-use conversion, 310 W Broad St presents a prime opportunity to leverage historic tax credits while reimagining the space for retail, office, and/or apartment conversion. Its prominent location along one of the City’s most active commercial corridors ensures high visibility and accessibility, benefiting from a high walk score as well as excellent proximity to the VCU campus, including VCU’s proposed 213,000 SF CoStar Center for Arts and Innovation, slated for 2027 delivery.
Beyond its redevelopment potential, this property is also a compelling option for an owner-user seeking a well-located asset a rare advantage—significant off-street parking. Whether restored for single or multi-tenant occupancy, the building’s historic character, generous 6,800 SF floor plate, and prime positioning make it an outstanding investment in one of Richmond’s most evolving and high-demand districts. Don’t miss the chance to be part of the continued transformation of West Broad Street.
Beyond its redevelopment potential, this property is also a compelling option for an owner-user seeking a well-located asset a rare advantage—significant off-street parking. Whether restored for single or multi-tenant occupancy, the building’s historic character, generous 6,800 SF floor plate, and prime positioning make it an outstanding investment in one of Richmond’s most evolving and high-demand districts. Don’t miss the chance to be part of the continued transformation of West Broad Street.
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PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront
Building Size
16,488 SF
Building Class
C
Year Built
1920
Price
$1,595,000
Price Per SF
$96.74
Tenancy
Single
Building Height
3 Stories
Slab To Slab
13’
Building FAR
1.51
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
B-4 & R-6
Frontage
60’ on W Broad St
AMENITIES
- Bus Line
- Signage
Walk Score®
Walker's Paradise (96)
Bike Score®
Very Bikeable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $724,000 | |
| Land Assessment | $893,000 | Total Assessment | $1,617,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$893,000
Improvements Assessment
$724,000
Total Assessment
$1,617,000
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& 301 West Marshall Street | 310 W Broad St
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