320 W Broad St
Richmond, VA 23220
William Duggins House · Office Property For Sale

320 W Broad provides a unique opportunity to plant a flag and build your business on Richmond’s most iconic boulevard, Broad St. Built in 1859, the 1,548 SF 2 story historic building occupies less than 25% of the property’s 0.08 acre lot, creating a rare opportunity for a substantial expansion or additional new development. The original structure has historically functioned as office and would be excellent for any professional services user looking for immediate occupancy with high visibility, historic charm, and modern convenience in Richmond’s growing Arts District. However, the property’s flexible B-4 zoning allows for a range of uses including retail and/or residential applications and could easily be converted to a live/work concept with minor improvements. In addition, preliminary development analysis on the residual land behind the existing historic building recommend the possibility of adding 8-10 residential units or a commercial annex structure of up to 3 stories at the rear of the property with public right of way access via the alley. Just steps away from the VCU Campus, the Quirk Hotel, the Maggie Walker Monument at City Center, and several highly reputed neighborhood restaurant and retail destinations, 320 W Broad is not only extremely walkable but is a quick trip to any neighborhood in Richmond via the City’s new Bus Rapid Transit (BRT) system, “the Pulse”. This is a rare chance to own and occupy a beautiful historic asset with great visibility, easy access to public transit, opportunity to add substantial value, and expand in an excellent location! Please contact One South Commercial for property and showing details Ann Schweitzer Riley (804) 723-0446 Tom Rosman (804) 539-3017 Scott Garnett (804) 938-3418