bedrooms
0
bathrooms
0
square feet
0
Acreage
0.083
Open Houses
-
year built
1940
Full Baths
0
Half Baths
0
Prime Redevelopment Opportunity in Downtown Richmond
Located in the heart of Richmond’s vibrant Arts and Cultural District, 307 East Broad Street offers a rare opportunity to redevelop a historic three-story retail building in the City’s B-4 Central Business District. This 6,630-square-foot structure sits on a 0.083-acre parcel and is ready for transformation—ideal for a mix of retail, office, and residential uses.
Originally built in 1940, the building is offering creative flexibility for developers or owner-users. Although currently in shell condition, the property is a blank canvas for high-impact adaptive reuse or modern mixed-use redevelopment.
Zoned B-4, this property allows for unlimited building height, a minimum three-story requirement, and encourages dense, transit-oriented development. Ground-floor commercial use is required on major corridors like Broad Street, aligning perfectly with retail, dining, gallery, or boutique concepts—while upper floors can support residential or office uses.
Located within both a Richmond Enterprise Zone and a CARE Program District, this property may qualify for city incentives.
RVA Facade improvement program: https://www.rva.gov/planning-development-review/facade-improvement-program
This is a strategic location within walking distance to VCU, the Convention Center, Jackson Ward, and Bus Rapid Transit (Pulse) stations—ideal for businesses and residents alike seeking access, culture, and visibility in one of Richmond’s most dynamic corridors.
Location | |
Subdivision | - |
County | Richmond City |
Elementary School | - |
Middle School | - |
High School | - |
Exact location data not provided
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 2512094
Listing agent:
Sean Yoon
#0225237610
Listing broker:
Joyner Fine Properties
(804) 270-9440
Copyright © 2025 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Thursday, May 1 2025 at 6:37 p.m. EDT
Kotohomes National
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