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318 W Broad Street, Richmond, VA 23220

$985,000
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  • 318 W Broad Street, Richmond, VA 23220 Main Photo

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Featured Listing Pending
MLS#2516165
STATUSPending PROPERTY TYPECommercial - Business
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Property Description

This exceptional turnkey investment property is fully leased with one commercial ground floor tenant and two apartments above having gross income of $77,936 in 2024. Well located in the heart of the Arts District and fully renovated, this solid income producing investment has 3,408 sf of commercial space with lease term running through 4/30/25 along with 1,300 sf one bedroom and 575 sf studio apartments. Each with their own washer and dryer, the apartments are well appointed with granite countertops and hardwood floors. Capital expense upgrades include both a new HVAC unit and sewer line replacement in 2023. Please allow 24 hour showing notice due to tenants in place.

318 W Broad Street | MLS# 2516165

This commercial property located at 318 W Broad Street, Richmond, VA 23220 is currently listed for sale by Joyner Fine Properties, with an asking price of $985,000. Search Richmond real estate on www.theaffendikisgroup.com today.

Property Features

Property Type: Commercial - Business
Heating: Zoned
Lot Size: 0.08 Acres
Roof Type: Flat, Rubber
Stories: 2.0
Year Built: 1910

Feature Descriptions

Building Features: Multi-Tenant, No Elevators
Days on Site: 266
Exterior: Brick
Lot: Level
Lot Dimensions: 24.05 x 142.80
Parcel#: N000-0180-027
Sewer: Public Sewer
Topography: Level
Water: Public

Listed By / Shown By

Listed By

Agency Name: Joyner Fine Properties

agent picture

Shown By

Agent Name: The Affendikis Group
Agent Phone: (804) 938-3539

©Joyner Fine Properties - Seller will consider paying buyer agent compensation based upon the terms and conditions of any offer made. Said compensation to be negotiated in the purchase agreement. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/02/2026. The listing information on this page last changed on 03/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 03/02/2026 4:16:50 PM EST) or CAAR MLS (last updated Mon 03/02/2026 4:10:48 PM EST) or CVRMLS (last updated Mon 03/02/2026 4:13:36 PM EST) or Bright MLS (last updated Mon 03/02/2026 4:10:34 PM EST). Real estate listings held by brokerage firms other than Joyner Fine Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



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These real estate listings were derived from the Central Virginia Regional Multiple Listing Service, LLC, of which this brokerage is an independently owned Participant. The information contained in these listings is deemed reliable but is not guaranteed. All MLS listings are © 2026 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved. No one may copy and/or repost these MLS listings, or any portion thereof, without the written permission of an authorized officer of the Central Virginia Regional Multiple Listing Service, LLC. These listings are refreshed within a minimum of every seven calendar days. Thus, listings may appear here for properties no longer on the market. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing or leasing.



©Joyner Fine Properties - Seller will consider paying buyer agent compensation based upon the terms and conditions of any offer made. Said compensation to be negotiated in the purchase agreement.
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Agency License Information: Joyner Fine Properties and its agents are licensed in the Commonwealth of Virginia.

  

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