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804 W Broad St
Richmond, VA 23220
Retail Property For Sale
Investment Highlights
- Storefront retail space located directly on West Broad Street within a core commercial corridor.
- Zoned B: Mixed Use, allowing for combined retail and residential operations under one property.
- Convenient access to major roadways and a short distance to VCU and Downtown Richmond destinations.
- Includes a three-bedroom, two-bath residential apartment providing additional revenue flexibility.
- Exceptional visibility with approximately 41,000 vehicles passing daily on West Broad Street.
Executive Summary
This mixed-use property at 804 W Broad Street offers a dynamic retail and residential investment opportunity in a high-traffic corridor of Richmond, VA. The building features a ground-floor retail storefront and a three-bedroom, two-bath residential apartment on the second floor, providing dual income potential or an ideal live/work setup.
Positioned within close proximity to Virginia Commonwealth University and Downtown Richmond, the property benefits from heavy pedestrian flow and excellent exposure with approximately 41,000 vehicles per day along Broad Street. Zoned B: Mixed-Use, it supports a wide variety of retail uses paired with residential occupancy. Nearby routes, including I-95 and I-64, along with public transportation access, ensure strong connectivity to key business districts and surrounding neighborhoods.
Surrounded by a diverse mix of eateries, entertainment venues, and national retailers, the site capitalizes on both a vibrant local customer base and steady university-driven traffic. With its convenient location, high visibility, and versatile use profile, this property presents a compelling investment in one of Richmond’s most active corridors.
Positioned within close proximity to Virginia Commonwealth University and Downtown Richmond, the property benefits from heavy pedestrian flow and excellent exposure with approximately 41,000 vehicles per day along Broad Street. Zoned B: Mixed-Use, it supports a wide variety of retail uses paired with residential occupancy. Nearby routes, including I-95 and I-64, along with public transportation access, ensure strong connectivity to key business districts and surrounding neighborhoods.
Surrounded by a diverse mix of eateries, entertainment venues, and national retailers, the site capitalizes on both a vibrant local customer base and steady university-driven traffic. With its convenient location, high visibility, and versatile use profile, this property presents a compelling investment in one of Richmond’s most active corridors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,420 SF
Building Class
C
Year Built
1900
Price
$1,176,850 CAD
Price Per SF
$486.30 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.38
Lot Size
0.04 AC
Opportunity Zone
Yes
Zoning
B-4
Frontage
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | N000-0350-020 | Improvements Assessment | $332,287 CAD |
| Land Assessment | $402,898 CAD | Total Assessment | $735,185 CAD |
Property Taxes
Parcel Number
N000-0350-020
Land Assessment
$402,898 CAD
Improvements Assessment
$332,287 CAD
Total Assessment
$735,185 CAD
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