$725,000

307 E Broad Street , Richmond, VA 23219

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:0 sqft
Lot:0.08
Year Built:1940
Listing Status:Active

Listing Agent

Sean Yoon
http://www.joynerfineproperties.com
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Description

Prime Redevelopment Opportunity in Downtown Richmond Located in the heart of Richmond’s vibrant Arts and Cultural District, 307 East Broad Street offers a rare opportunity to redevelop a historic three-story retail building in the City’s B-4 Central Business District. This 6,630-square-foot structure sits on a 0.083-acre parcel and is ready for transformation—ideal for a mix of retail, office, and residential uses. Originally built in 1940, the building is offering creative flexibility for developers or owner-users. Although currently in shell condition, the property is a blank canvas for high-impact adaptive reuse or modern mixed-use redevelopment. Zoned B-4, this property allows for unlimited building height, a minimum three-story requirement, and encourages dense, transit-oriented development. Ground-floor commercial use is required on major corridors like Broad Street, aligning perfectly with retail, dining, gallery, or boutique concepts—while upper floors can support residential or office uses. Located within both a Richmond Enterprise Zone and a CARE Program District, this property may qualify for city incentives. RVA Facade improvement program: https://www.rva.gov/planning-development-review/facade-improvement-program This is a strategic location within walking distance to VCU, the Convention Center, Jackson Ward, and Bus Rapid Transit (Pulse) stations—ideal for businesses and residents alike seeking access, culture, and visibility in one of Richmond’s most dynamic corridors.

Detailed Items

Other Information

307 E Broad Street, Richmond, VA, 23219 is a commercial sale listing of 0 sqft on a lot of 0.08. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property307 E Broad Street, Richmond, VA
Copyright © 2025 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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