The median home value in Richmond, VA is $346,500.
This is
higher than
the county median home value of $280,000.
The national median home value is $308,980.
The average price of homes sold in Richmond, VA is $346,500.
Approximately 38% of Richmond homes are owned,
compared to 51% rented, while
11% are vacant.
Richmond real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Richmond real estate agent to arrange a tour today!
Learn more about Richmond.
This retail space is situated on a corner lot and is located in the Enterprise and Opportunity zone! The bigger unit has been used for years as a barbershop. The owner was renting this side for $2,000/month. The other unit has just been used for storage and the plumbing has been recently roughed-in. The section that was used as a barbershop was completely gutted and new plumbing lines, electricity, and HVAC were installed. New fencing was added along the right rear and the backyard can be used for off-street parking. This retail spot has great potential and is in close proximity to Canoe Run Park, James River Park Pipeline Walkway, and Belle Isle Dry Rocks. This area has a walk score of 65, which, potentially, offers the chance for foot traffic. If you currently live in the area, this could be a great opportunity for you to have a business that s in close proximity or create a work hub where other businesses can rent out the space.
Located at the corner of Brook Road and Hillard Avenue in Henrico County, 7001 Brook Road stands as a testament to prime commercial real estate. With a total area of 1,624 square feet, this property includes a well-equipped office/lobby and a functional two-bay garage. Zoned B-3, it offers flexibility for various commercial endeavors. Boasting a .465-acre land area, the property enjoys excellent visibility and accessibility, situated in a bustling commercial corridor. Its proximity to major retailers such as Lowe s, Walmart, and Food Lion enhances its appeal, ensuring a steady flow of potential customers. With a successful operational history as a local tire shop, this property presents an exceptional opportunity for entrepreneurs and investors looking to capitalize on its established reputation and strategic location.
An excellent opportunity to capitalize on the redevelopment of Henrico s East End. 4712 Nine Mile Road is a 1.5 AC lot currently zoned R-3 while 4716 Nine Mile Rd is .46 AC zoned B-3. The site is well-located being across the street from the redeveloped Eastgate Town Center and adjacent to Walgreens. Also with easy access to I-64, Richmond International Airport and the City of Richmond, this property provides a great site for a range of retail uses or a potential townhouse development.
Corner Lot with 2 entrances at busy location with great visibility. Corner lot at intersection with 4 lanes of traffic! Zoned B-2 for your neighborhood business. Excellent potential for retail business requiring visibility.
Office Condominium, low association fee, excellent setup for multi suites, well maintained office complex, convenient location, high-traffic location, established full, well renown, growing rural area, off the main exit, located right off of Midlothian. -Great Entry Lobby to greet and impress clients -Large Conference Room -Break Room Area -Three Private Offices -Entry is located right off the road -End Unit
Welcome to 3057 Meadowbridge Rd. located in the heart of Northside. This commercial property has been totally renovated. New flooring, water heater, furnace, electrical updates, fresh paint, new fixtures, and 2 year old roof. Do not miss out on this opportunity to own this turnkey building for your business.
Situated at 120 Wyck Street in Richmond City, this property presents a remarkable opportunity for redevelopment. Spanning an impressive 17,458 square feet on a generous 0.69-acre lot, the site offers ample parking and is strategically located with B-3 zoning. Adjacent to the Virginia Department of Corrections Headquarters and District 1 Richmond Probation and Parole, and in close proximity to the Spring Rock Green Development and a state-of-the-art iceplex facility, this property enjoys a prime position amidst significant developments. Boasting versatile zoning, including options for short term rentals, transitional housing, and permanent supportive housing, among others, it provides a wide range of potential uses. With easy access to Chippenham Parkway and Midlothian Turnpike, major hospitals like VCU Medical Center, Johnston-Willis Hospital, and Chippenham Hospital are within a 7-mile radius, making it an ideal location for addressing short-term housing needs, particularly in the travel nursing industry. This property is well-suited for various purposes, including offender release services in partnership with VADOC, substance abuse housing, and adult care facilities. With immediate access to bus lines, interstates, and major area developments, combined with a new roof installed in 2024, this opportunity is not one to be missed. For pricing and further information, interested parties are encouraged to contact the listing agent promptly. Unlock the potential of 120 Wyck Street and capitalize on this exceptional redevelopment prospect in Richmond City.
$650k, LAND INCLUDED, BUSINESS NOT INCLUDED: The Owner is looking to sell this property (5213) with the adjacent parking lot, which consists of 5219 Warwick Rd (0.154 acres) & 5235 Warwick Rd (0.137 acres). Added to 5213 (0.230 acres), the total area of the 3 properties is 0.521 acres. The property resides just off of an intersection and is surrounded by a shopping plaza, gas station/convenience store, a church, & residential neighborhood. There is high potential for this area as there is also construction planned for additional residential properties as well as a commercial building in the area. The current lease term of the Tenant expires in 2029. Annual Rental Income is around $26,400 with NNN.
WOW! Amazing convenience/retail location listed below tax assessment in the heart of the fan! Previous location of the Trolley Convenience Store. Sale includes existing convenience store equipment so this can be ready to go quickly for similar user. Comes with parking spaces in the back of store. Come make this prime location yours.
Great street level commercial space available. Zoned B-4. This 1200 sq.ft. space is great for an office or retail. The front windows can be removed to incorporate doors that can be accessible directly from the street. Unit includes a large storage space in the basement and access to a rooftop terrace. This is the only commercial space in the building. All other units are residential. Parking is available for $75 a month.
Welcome to 1520 W. Main in the Fan! This old school building listed on the National Register of Historic Places was once home to West End School also known as Lombardy Street School. Built in the Italianate style, this two-story, brick and granite building has a standing seam metal, hipped roof. The building consists of identical wings facing west and south, and a connecting curved bay, which contains a double stair. Each wing has three classrooms that have been converted into office space. The basement floor plan is the same as the above floors and currently used for retail spaces and restaurant + large outdoor corner Patio/Bar leased to restaurant operator. This is a rare opportunity to own a piece of Richmond History poised for redevelopment. This building affords an excellent renovation opportunity due to its stellar location. Currently UB-PO3 zoning with SUP for Mixed-Use.
Great opportunity for owner/occupant seeking renovated open office space in Richmond's Financial District. Adjacent to the much-hyped City Center development plan, and offering 1,282 finished square feet of stylish, updated space with an additional 426 square feet of secure basement storage, this highly accessible and centrally located office condo has much to offer. Updated electrical and lighting, new kitchen, new bathroom, polished concrete floors, fresh paint, and ample storage both in-unit and basement. Elevator service, covered parking available for monthly rent across the alley, and close to many attractions such as The National, Hotel Green mini golf, Moxy Hotel, Penny Lane Pub, Cabana Rooftop, Capital Ale House, and much more.
Check the square footage with city records. Please call to confirm heating/cooling, etc.
Currently used as a body shop/auto repair, this site is a fantastic opportunity to take advantage of all the redevelopment in this corridor!
Well positioned Mixed-Use Corner brick building at VCU campus, just off I-95 on Broad St at VCU Laurel St, where national retailers CAVA, Panera, Chipotle and VCU Institute for Contemporary Art 2 blocks east and MCV 1.7mi east. This 3-story brick building has a 3,100sf footprint and currently has a restaurant/lounge, full kitchen and equipment (see attached) that convey with the sale of the building, in addition to 2 large apartments and a full, useable basement. The current owner/occupant will retire and move from the premises, leaving it vacant and open for multiple uses. The rapid transit is accessible and expanding to connect the RVA metro area with businesses located on Broad St.
Constructed in 1890 as a single family home, this executive office building is a one-of-a-kind property located in Richmond s historic Monroe Ward neighborhood. Totaling 8,096 square feet, this stately building features a finished English basement, restrooms, conference room, kitchen, and individual private offices with many unique, original finishes. The English basement can be included in the total square footage for one user or can easily be leased to a second tenant. Additionally, there is off-street parking available in the rear of the property. Currently home to a team of attorneys, future owner occupants or tenants will have a statement office in this impressive building. The property s R-3 zoning allows for a variety of uses. Uniquely positioned within the city, 5 E Franklin St is bordered by Virginia Commonwealth University from both the east and west. The property is a short distance to City Hall, the Virginia State Capitol and several courts buildings. This vibrant Monroe Ward neighborhood is walkable to local coffee shops, stores, restaurants and public transit; highly desirable to any office user.
This development/multi-family opportunity consists of 4 rental properties and 1 buildable lot. Each home is 3 bedrooms, 1.5 bathrooms with a washer/dryer in each home and 2 off-street parking spaces. Though these homes have the potential for value adds and premium rents, it is a RARE thing to find an opportunity to have 5 contiguous lots in a rental rich environment like the VCU area, particularly behind the Siegel Center, with parking. Highest and best use would be a 4 level multi-unit apartment building. Make this your signature development project for 2024. Seller will NOT sell properties individually.
Remarkable, mixed-use property in the heart of the Fan District located at the corner of Lombardy Street and Floyd Avenue. Property consisting of cash-flowing laundromat (commercial unit) and 3 residential apartments. Laundromat business and assets are to be sold with the sale of the real property. Machines are new & utilize the Laundry Boss platform. Purchaser will have the option to continue the business or redevelop. Well maintained and renovated apartment units: Luxurious, 1st level owner's suite (APT 3) consists of hardwood floors, granite kitchen counter tops, and in-unit laundry. 1 Bath,1-BDRM/Studio unit (APT 1) with LVP flooring and walk-in closet off en suite. Large, second-level 3 BDRM 2 full bath unit with newly renovated kitchen, LVP floors and rooftop deck. All utilities for the laundromat are separately metered, residential units share metering for water only and are paid by the landlord. Additionally, a generous storage room is located at the rear of the first level (not included in any unit's measurement) & accessible only by the landlord. Unique opportunity combines option to continue a low-involvement business and passive real estate investment.
17' frontage on 25th St 2,244sf vacant lot zoned B2 contiguous to 1201 N. 25th St. PID # E000-0561-019 combined for .25 acre corner commercial with potential for redevelopment
Former Dentist's Office in a Historic Building Discover the potential of this 1,400 sqft historic property on Main Street, downtown Richmond. Originally a fully equipped dentist's office with four dental exam chairs, two examination rooms, and two workstations, this space has the potential and foundation to develop or continue a dental practice. The intact plumbing ensures functionality. This 1870s historic gem is ideally situated for professional ventures, offering proximity to the Virginia State Capitol, Governor's Mansion, local dining, and nightlife. A consulting firm is also housed within the building, providing networking opportunities. Convenient parking options include nearby decks and street parking within three blocks. Key Features: - 1,400 sqft historic property - Four dental exam chairs and intact plumbing - Two examination rooms and two workstations - Prime downtown location - Co-tenant consulting firm - Easy access to parking Unlock the potential of this unique Main Street property. Contact us today to schedule a viewing and explore its suitability for your professional needs.
18 W Broad is a turn-key investment opportunity located in the heart of Richmond s Arts District. This beautifully renovated 3-story historic mixed use building, located at the corner of W Broad St and N Adams next to Richmond s beloved Maggie Walker monument, is a true gem of the City's architectural heritage. Built in 1920, 18 W Broad St comprises a total of six (6) units: four (4) residential units located on the 2nd and 3rd floors, accessible via dual stairwells, one (1) residential unit located on the ground floor, and one (1) ground floor retail commercial space. The five (5) apartment units have primarily performed as short term rentals over the last few years while the 2,500 SF retail storefront offers an elegant high visibility presence for either a retail or creative office user at a prominent corner of the N Adams / W Broad triangle. Four (4) out of the five (5) apartment units have been newly renovated and include all furnishings for residents and tenants alike seeking a unique urban living experience.
Welcome to a unique investment opportunity across the Richmond metro area. This mixed-use real estate portfolio (originally 21 properties) is now a total of 5 properties, featuring 7 rental units. 4 Single Family and one mixed use (Laundromat w/ attached Triplex). This portfolio is a strategic investment that offers both immediate rental income and significant long-term potential providing multiple revenue streams. Historically high occupancy rates and steady rental and retail income make this portfolio a reliable cash flow generator. These properties have room for appreciation, allowing investors to capture additional value over time through property improvements and rent increases. Don't miss out on this exceptional investment opportunity and secure your place in Richmond's thriving real estate market. Properties can be sold individually, in groups or all together.
NEW PRICE ADJUSTMENT A generational re-imagine and re-purpose development opportunity within the vibrant Fan District. Potential Historic Tax Credits. The 800 block to the 1100 block of West Franklin Street was once known as Richmond s 5th Avenue, lined with Second Empire, Queen Anne, Jacobean, Romanesque and Colonial Revival styles architecture. This location is a part of the western portal to the original RPI, now VCU. This offering is 2- Fan Row Homes, totaling a combined area of approximately 8,008 sq. ft. (~4,000 s.f. each) plus ~3,916 sq. ft. of full, unfinished basement. New roof, Off-street parking spaces. Consider the possibilities: Multi-Family Development, Office, Mixed Use, Single Family renovation and resale.
Commercial Property in historic Jackson Ward Area Almost 2000 square ft in under 250k. This property was fully renovated in 2000 to include vinyl siding, roof, HVAC, 2 Handicap accessible restrooms, Office space, pull down attic and back storage shed attached. The property features a full kitchen perfect for any use. Property currently used and zoned for religious use. All this property needs is a Buyer and some TLC. Property is Sold As Is. You don't want to miss this one.
The property sits on the prominent corner of 5th and E Cary Street in Richmond s Monroe Ward, adjacent to the Central Business District. Built in 1844, this is one of the oldest structures in Richmond. The buildings are constructed of brick with a stucco overlay. The main building consists of 6,348 square feet over three floors. With high ceilings, beautiful winding staircases, large rooms, huge windows, and many original architectural features, the space would make perfect offices for attorneys, financial planners, family offices, architectural firms, or any creative type of use. The two-story carriage house adds another 1,650 square feet and could be used for a separate business or Airbnb, bringing in rent to the owner. This is a truly unique building that would be a great statement for any business or investor.