97 W Broad St$13.78M · 5.10% cap
4 Commercial Properties for Sale in Richmond, VA
Browse 4 commercial properties for sale in Richmond, VA with an average asking rent of $30.57 per SF and 28,100 SF of available space.
4Listings
28,100 SFAvailable space
920,600 SFTotal inventory
$30.57/SFAvg asking rent
$134.57MAvg asking price
5.57%Avg cap rate
About the Richmond, VA commercial market
4 commercial properties are tracked in Richmond, VA, representing 920,600 SF of rentable building area, of which 28,100 SF is currently marketed as available.
Asking rents average $30.57 per square foot per year, the median marketed suite is 4,300 SF, and listings have been on market a median of 225 days.
The stock splits 3 Class A, 1 Class C, with construction dates from 1915 to 1955 (median 1930).
The most concentrated submarkets are Shockoe Slip (2), Short Pump (1), Richmond CBD (1).
Richmond space by property type
Flex Spaces for saleHospitality Properties for saleIndustrial Properties for saleLand for saleMedical Office Spaces for saleMultifamily Properties for saleOffice Spaces for saleRetail Spaces for sale
Nearby cities
Chester, VAMidlothian, VAGlen Allen, VAMechanicsville, VAAlexandria, VAArlington, VAMcLean, VASpringfield, VA
Richmond resources
Listing order reflects the advertising package attached to each property — Diamond, Platinum, Gold and Silver listings appear above free Basic listings. See how placement works.
Frequently asked questions
What is the average asking rent for commercial space in Richmond, VA?
Across the 4 commercial listings published in Richmond, VA, asking rents average $30.57 per square foot per year, quoted on a FS basis.
How much commercial space is available in Richmond, VA?
28,100 SF is currently marketed across 3 buildings, out of 920,600 SF of total inventory.
What is the commercial vacancy rate in the Richmond market?
The Richmond commercial market is running 29.1% vacancy with year-over-year asking rent growth of 3.1%.
Which submarkets have the most commercial space in Richmond, VA?
Shockoe Slip (2 properties), Richmond CBD (1 property), Short Pump (1 property).
What are the most active ZIP codes for commercial property in Richmond, VA?
23219 (3), 23233 (1).
What cap rates are commercial assets trading at in Richmond, VA?
Listed commercial assets in Richmond, VA show an average asking cap rate of 5.57%. Closed sale comparables are available in RealStar's Sales module.
Which brokerages are most active in Richmond, VA?
Summit Advisory Group (1 listing), Granite Peak Realty (1 listing), Capitol Commercial (1 listing). See the full Richmond, VA broker directory.
How do I list a commercial property in Richmond, VA?
Publish it from RealStar in a few minutes. Basic listings are free; Silver, Gold, Platinum and Diamond packages lift the listing above free inventory and add media, syndication and lead reporting. Compare advertising packages.