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304-306 Gilmer St 4,500 SF Industrial Building Richmond, VA 23220 $1,151,634 CAD ($255.92 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Contact agents for pricing
  • 4,500 SF
  • B-4 zoning

EXECUTIVE SUMMARY

Discover a unique opportunity to own a versatile 4,500-square-foot historic industrial building in the heart of Richmond, Virginia. Located along the GRTC Pulse bus line and on the doorstep of Virginia Commonwealth University (VCU), this property offers exceptional accessibility and visibility. With many similar structures no longer standing, this authentic industrial space offers a unique chance for an owner-user to establish a business while securing a valuable asset for future redevelopment.
PROPERTY HIGHLIGHTS:
• Size: 4,500 square feet of adaptable space.
• Ceiling Height: 14 feet on the south side, sloping to 12 feet on the north side.
• Access: Two roll-up doors facilitate easy loading and unloading.
• Zoning: Designated as B-4 Central Business District, permitting a diverse range of uses including:
-Retail & boutique storefronts
-Creative office or co-working space
-Breweries, cafés, and restaurants
-Art galleries, studios, and maker spaces
-Residential or mixed-use redevelopment
LOCATION ADVANTAGES:
• Transportation: Situated on the GRTC Pulse bus line, ensuring convenient public transit options.
• Proximity to VCU: Close to Virginia Commonwealth University, offering access to a vibrant community and potential customer base.
• Accessibility: Easy access to major thoroughfares, enhancing connectivity to the broader Richmond area.
• Future Redevelopment Potential: With Richmond’s ongoing urban revitalization, this property holds significant long-term value for adaptive reuse, mixed-use conversion, or redevelopment.
This property presents an excellent opportunity for investors or business owners seeking a distinctive space with historical charm. These buildings are becoming increasingly scarce, making this a unique chance to secure a piece of Richmond’s industrial past with the flexibility to shape its future.

PROPERTY FACTS

Price $1,151,634 CAD
Price Per SF $255.92 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Service
  • FlexLight Distribution
Building Class B
Lot Size 0.10 AC
Rentable Building Area 4,500 SF
No. Stories 1
Year Built 1924
Tenancy Single
Clear Ceiling Height 14’
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
Zoning B-4

AMENITIES

  • Bus Line
  • Front Loading
  • Storage Space

UTILITIES

  • Lighting - Sodium
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
Walk Score®
Walker's Paradise (96)
Bike Score®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
N000-0350-016
Land Assessment
$312,824 CAD
Improvements Assessment
$155,711 CAD
Total Assessment
$468,535 CAD
  • Listing ID: 35335170

  • Date on Market: 2025-04-01

  • Last Updated:

  • Address: 304-306 Gilmer St, Richmond, VA 23220

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