305 W Broad St$20.56 – $25.03/SF/yr FS
Midtown Building
29,500 SF of Office space available at 1447 Mechanicsville Tpke, Richmond, VA 23230. For Lease through Sterling Crest Advisors.
For LeaseStatus
29,500 SFAvailable
$29.54/SFAsking rent
1965Year built
BClass
Property facts
| Property type | Office |
|---|---|
| Building class | B |
| Rentable area | 295,300 SF |
| Available | 29,500 SF |
| Stories | 17 |
| Year built | 1965 |
| Typical floor | 17,370 SF |
| Lot size | 3.25 acres |
| Parking ratio | 2.3/1,000 SF |
| Occupancy | 90.0% |
| Zoning | CBD |
| Parcel ID | 85-476-2806 |
| Submarket | Scott's Addition |
| Market | Richmond |
| Days on market | 552 |
| Walk Score | 90 |
| Transit | Light rail 5 min |
| Listing package | Basic |
Building amenities
EV Charging, Food Service
Spaces available
| Floor | Use | Type | Size (SF) | Asking rent | Term | Status |
|---|---|---|---|---|---|---|
| P 4th | Coworking | Direct | 5,500 | $28.03/SF | Negotiable | Oct 2026 |
| P 5th | Office | Direct | 24,000 | On request | Thru Mar 2030 | Sep 2026 |
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Frontier Telecom | Healthcare | 7 | 72,520 | 2031-11-01 |
| Gulf Petrochem Trading | Legal | 11 | 49,180 | 2025-10-01 |
| Ironclad Insurance | Education | 12 | 3,010 | 2030-05-01 |
| Kite Creative | Legal | 10 | 79,570 | 2028-12-01 |
| Longhorn Data Systems | Education | 8 | 31,750 | 2022-02-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2023-11-01 | $28.29M | $95.78 | 7.12% | Quarry Point Partners | Fairbridge Partners |
| 2021-02-05 | $37.28M | $126.24 | 6.99% | Pemberton Capital | Quarry Point Partners |
Public record
| Owner of record | Westbrook Equities LLC |
|---|---|
| Assessed value | $40.32M |
| Land value | $18.13M |
| Improvement value | $22.19M |
| Annual tax | $596K |
| Tax year | 2026 |
| Lot size | 141,570 SF |
| Last deed | 2024-05-28 |
| Deed type | Special Warranty Deed |
| Legal description | LOT 38 BLK 859 SCOTT'S ADDITION ADDN |
Location
1447 Mechanicsville Tpke
Richmond, VA 23230
Scott's Addition submarket · Richmond market
37.56790, -77.49544
Open in RealStarListing package
Basic — Standard placement below paid listings.
Free listing on RealStarGlobal.com with core building facts, six photos and direct broker contact.
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