For Lease
$20/SF/YR

5-7 Broad St Richmond, VA 23219

Historic Flex Space, Multiple Units Available

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 180,000 square foot flex space, located in Richmond, Virginia's vibrant Arts District near VCU University, presents a unique investment opportunity. Situated at 5-7 East Broad Street, this Class C property offers multiple tenancy options, with a minimum divisible space of 5,867 square feet and a maximum contiguous space of 5,867 square feet. Currently, 11,734 square feet is available for lease. Built in 1910, this building boasts a rich history and is ideally suited for a variety of businesses seeking a blend of retail, office, and industrial space. The property's prime location in the Arts District provides excellent visibility and accessibility, benefiting from the high foot traffic and proximity to Virginia Commonwealth University. The flexible layout allows for customization to meet diverse business needs. This is an exceptional chance to secure space in a thriving, historic area of Richmond, offering a unique blend of character and modern functionality. The property is located in Richmond City County, Virginia, zip code 23219. The building's total square footage is 180,000 square feet. Two spaces are currently available for lease.

Highlights

  • Asking rent: $15-$20 per square foot.
  • Approximately 12,000 square foot facility.
  • Second and third floors, each 5,867 square feet, divisible or combinable.
  • Arts District location on Broad Street Corridor, Downtown Richmond, VA.
  • Recently renovated.

Property Details for 5-7 Broad St

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
180,000 SF
Class
C
Year Built
1910

Unit(s) available at that property

Space
2nd Floor
Size
5,867 SF
Rate per SF
$20
Space
3rd Floor
Size
5,867 SF
Rate per SF
$20

Location Insight

City
Richmond
County
Richmond City
State
Virginia
Latitude
37.5452318
Longitude
-77.4420161

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FAQs

What type of property is this?
Retail property - Historic Flex Space, Multiple Units Available
Where is the retail property located?
The property is located at 5-7 Broad St Richmond, VA.
What is the lease rate?
The lease rate is $20/SF/YR.
What are key features of this property?
This property features: Asking rent: $15-$20 per square foot.; Approximately 12,000 square foot facility.; Second and third floors, each 5,867 square feet, divisible or combinable.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Dennis Shubert
Dennis Shubert
Visit Broker Website

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Broad St
Richmond, VA 23219

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Broad St
Richmond, VA 23219

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

5-7 Broad St
  • Dennis Shubert
    Dennis Shubert
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