Log In/Sign Up
Your email has been sent.
Powers-Taylor Building 13 S 13th St 29,000 SF 77% Leased Office Building Richmond, VA 23219 $7,537,968 CAD ($259.93 CAD/SF)
INVESTMENT HIGHLIGHTS
- Investment or owner occupant opportunity
- Class A office and retail space
- B-4 zoning
- Completely renovated and impeccably maintained
- Prime downtown location
EXECUTIVE SUMMARY
ONE SOUTH COMMERCIAL IS HONORED TO PRESENT THE LISTING AT 13 S 13TH STREET TO THE MARKETPLACE.
This unusual opportunity consists of 30,000 Square Feet of luxury office and retail space in Richmond’s Historic Shockoe Slip Neighborhood. Originally built as stores and warehouses in the late 1800’s, then owned and impeccably maintained by the Commonwealth of Virginia until purchased by the current owners and totally renovated in 2018 into the present uses.
The office space is currently occupied by financial firms and other businesses while a yoga and wellness studio occupy a portion of the ground floor and finished basement. All the spaces are considered Class A. The buildings feature large timber beams, brick walls, spacious ceiling heights, large windows – all giving it an open feel. The top two floors and the penthouse are leased to the anchor tenant through 2029. The space is first class, and the amenities include a full-sized gym, putting green, private roof- top meeting rooms with spectacular views, private offices and private elevator access.
The building is in top condition with no deferred maintenance. The superior location and historic attributes make this a rare opportunity. The demand in the immediate submarket for office, residential, dining, retail or event space is very strong. The walkability rating is extremely high, making this a great location for your tenants.
A new owner can repurpose some spaces of the building into other uses if desired. The spaces are flexible and could easily be changed. It would also be an ideal spot for an owner occupant to run their business while collecting the rental income from the other tenants. The demand is high for historic properties and would be an ideal spot for any business wanting to be in Downtown Richmond. The property’s proximity to the Virginia State Capital is also ideal for office users. The property currently grosses over $670,000 annually and is perfectly situated to provide substantial returns on investment for the discerning buyer.
This unusual opportunity consists of 30,000 Square Feet of luxury office and retail space in Richmond’s Historic Shockoe Slip Neighborhood. Originally built as stores and warehouses in the late 1800’s, then owned and impeccably maintained by the Commonwealth of Virginia until purchased by the current owners and totally renovated in 2018 into the present uses.
The office space is currently occupied by financial firms and other businesses while a yoga and wellness studio occupy a portion of the ground floor and finished basement. All the spaces are considered Class A. The buildings feature large timber beams, brick walls, spacious ceiling heights, large windows – all giving it an open feel. The top two floors and the penthouse are leased to the anchor tenant through 2029. The space is first class, and the amenities include a full-sized gym, putting green, private roof- top meeting rooms with spectacular views, private offices and private elevator access.
The building is in top condition with no deferred maintenance. The superior location and historic attributes make this a rare opportunity. The demand in the immediate submarket for office, residential, dining, retail or event space is very strong. The walkability rating is extremely high, making this a great location for your tenants.
A new owner can repurpose some spaces of the building into other uses if desired. The spaces are flexible and could easily be changed. It would also be an ideal spot for an owner occupant to run their business while collecting the rental income from the other tenants. The demand is high for historic properties and would be an ideal spot for any business wanting to be in Downtown Richmond. The property’s proximity to the Virginia State Capital is also ideal for office users. The property currently grosses over $670,000 annually and is perfectly situated to provide substantial returns on investment for the discerning buyer.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
29,000 SF
Building Class
A
Year Built/Renovated
1890/2015
Price
$7,537,968 CAD
Price Per SF
$259.93 CAD
Percent Leased
77%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
6,000 SF
Slab To Slab
10’
Building FAR
4.76
Lot Size
0.14 AC
Zoning
B-4 - General Business
AMENITIES
- Controlled Access
- High Ceilings
1 1
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | E000-0083-048 | Improvements Assessment | $6,539,108 CAD |
| Land Assessment | $471,287 CAD | Total Assessment | $7,010,395 CAD |
PROPERTY TAXES
Parcel Number
E000-0083-048
Land Assessment
$471,287 CAD
Improvements Assessment
$6,539,108 CAD
Total Assessment
$7,010,395 CAD
1 of 103
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Powers-Taylor Building | 13 S 13th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.