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Investment Highlights

  • Strong VCU growth area
  • Roll-up doors for versatile access
  • Enterprise Zone III & Jackson Ward Care Area
  • Clean industrial finishes with updated systems
  • Potential residential conversion

Executive Summary

This versatile partially conditioned warehouse studio space has upgraded HVAC, electrical and plumbing systems, with a newly renovated break area, modern industrial finishes and classic exposed brick walls. This unique studio space is well located within a strong population and rental area just blocks from VCU and the heart of the vibrant Arts District.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,560 SF
Building Class
C
Year Built
1964
Price
$929,322 CAD
Price Per SF
$203.80 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.99
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
R-6
Parking
2 Spaces (0.44 Spaces per 1,000 SF Leased)
Frontage
30’ on W Clay St

Amenities

  • Air Conditioning
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
60/100

Nearby Major Retailers

The Little Gym
Lidl
Starbucks
Kroger
Peoples Bancorp, Inc.
Steak ‘n Shake
Bank of America
Truist
Gold's Gym
Virginia Credit Union

Property Taxes

Property Taxes

Parcel Number
N000-0241-005
Land Assessment
$156,991 CAD
Improvements Assessment
$360,397 CAD
Total Assessment
$517,388 CAD
  • Listing ID: 37318242

  • Date on Market: 2025-08-18

  • Last Updated:

  • Address: 511 W Clay St, Richmond, VA 23220

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