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3601 Grove Ave 2,443 SF Office Building Richmond, VA 23221 For Sale
Investment Highlights
- Prime corner location at Grove Avenue and North Thompson Street near Carytown.
- Zoned R-02 (Residential Office) on 0.305 acres with 12 parking spaces.
- Strong demographics with high-income households and dense daytime population.
- 2,443 SF brick building with slate roof and medical office configuration.
- Excellent visibility with large pylon signage and easy access to I-195.
Executive Summary
Cushman & Wakefield | Thalhimer presents an exceptional owner-occupant or investment opportunity at 3601 Grove Avenue, a highly visible corner property located at the intersection of Grove Avenue and North Thompson Street in Richmond, Virginia. This 2,443 SF brick building with a slate roof is currently configured as a medical office with a retail display area, offering flexibility for a variety of professional or healthcare uses.
The property sits on 0.305 acres and is zoned R-02 (Residential Office), providing a unique blend of commercial functionality within a residential setting. Features include 12 dedicated parking spaces, a large pylon sign for strong street visibility, and easy access to I-195, ensuring excellent connectivity to the greater Richmond area.
Positioned near Carytown, one of Richmond’s most vibrant retail and dining districts, the property benefits from strong demographics and high daytime population density. Within a 3-mile radius, there are over 109,000 residents with an average household income of $130,068, and a daytime population exceeding 150,000. This prime location, combined with the property’s adaptable layout and strong surrounding amenities, makes it an ideal choice for medical, office, or specialty retail users seeking a strategic presence in a thriving urban corridor.
The property sits on 0.305 acres and is zoned R-02 (Residential Office), providing a unique blend of commercial functionality within a residential setting. Features include 12 dedicated parking spaces, a large pylon sign for strong street visibility, and easy access to I-195, ensuring excellent connectivity to the greater Richmond area.
Positioned near Carytown, one of Richmond’s most vibrant retail and dining districts, the property benefits from strong demographics and high daytime population density. Within a 3-mile radius, there are over 109,000 residents with an average household income of $130,068, and a daytime population exceeding 150,000. This prime location, combined with the property’s adaptable layout and strong surrounding amenities, makes it an ideal choice for medical, office, or specialty retail users seeking a strategic presence in a thriving urban corridor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,443 SF
Building Class
C
Year Built
1963
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,443 SF
Building FAR
0.18
Lot Size
0.30 AC
Zoning
R-2
Parking
10 Spaces (4.09 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
1 1
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (81)
Property Taxes
| Parcel Number | W000-1655-002 | Improvements Assessment | $282,000 |
| Land Assessment | $756,000 | Total Assessment | $1,038,000 |
Property Taxes
Parcel Number
W000-1655-002
Land Assessment
$756,000
Improvements Assessment
$282,000
Total Assessment
$1,038,000
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3601 Grove Ave
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