For Sale
Riverfront Parking Lot/Development Site
323 South 14th Street Richmond Virginia 23219
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For Sale
323 South 14th Street Richmond Virginia 23219
This incredible riverfront development site is just waiting for a creative developer to take advantage of the Mayo Island renovation or a long-term investor who can capitalize on the parking shortage downtown.
The parking lot was recently built to modern standards with lighting and landscaping. Sidewalks lead to the CBD and Mayo Island. The City has purchased and funded a renovation to Mayo Island that is slated to open Fall of 2026. The plan envisions removal of most of the buildings and parking lots currently on the island. They will be replaced with meadows, wildflowers and gravel paths that would add a new destination to the James River Park System.
The new park will create an amenity for downtown workers, Manchester residents, fishing enthusiasts and kayakers. It’s also near several other attractions like the Richmond Slave Trail, the Capital Trail and the planned Fall Line Trail.
ABOUT MAYO ISLAND
Mayo Island presents a rare adaptive reuse opportunity in the heart of Richmond with potential to transform a historically significant yet ecologically challenged space into a revitalized urban refuge. Envisioned plans include restoring native ecology, removing invasive species, and enhancing the Slave Trail experience through thoughtful preservation and educational integration. As part of a broader vision, the island could evolve into a protected wildlife sanctuary and public green space— supporting both environmental restoration and cultural remembrance. Just across the bridge, 323 S 14th Street stands to gain from this momentum, offering a strategic location at the intersection of historic significance and future potential.
Chris is a Richmond native and industry veteran with extensive experience in real estate investment and development. For 13 years he served as Principal and in-house Broker with Riverstone Properties, managing and growing a diverse portfolio for one of Virginia’s prominent families. This provided the opportunity to work in all sectors of commercial real estate.
Prior to joining Riverstone, Chris served as a Vice President and Project Manager with East West Partners of Virginia for 10 years. He holds an MBA with a concentration in Real Estate Development from VCU and an undergraduate degree from East Carolina University.
In 2024, Chris started his consulting company, Double C Real Estate, and joined One South Commercial as an Associate Broker to draw on his experience and help families, businesses and investors evaluate, optimize and grow their commercial real estate holdings.
Tom Rosman has been brokering investment real estate since the early 1990’s in the Richmond, VA, metro area. He has brought hundreds of transactions to a successful conclusion, including large apartment complexes, apartment buildings in historic neighborhoods, office buildings, retail properties, mixed use buildings, and numerous historic adaptive reuse properties.
Tom was one of the first brokers to recognize the transformative changes occurring in many of Richmond’s most architecturally significant but ignored neighborhoods. Having helped place many of the warehouses and other commercial structures in the hands of Richmond’s development community, Tom’s belief in what a property should be was never compromised by the condition it was in.
DISCLAIMER: This offering memorandum is intended as a reference for prospective purchasers in the evaluation of the property and its suitability for investment. Neither One South Commercial nor Seller make any representations or warranties with respect to the accuracy or completeness of the materials contained in the offering memorandum. Prospective purchasers should evaluate the property independently and rely solely on such independent evaluation in determining whether to purchase the property. The offering memorandum, pricing, and terms therein are subject to change or withdrawal at the discretion of Seller and One South Commercial, as Seller’s exclusive representative. *Information provided deemed reliable but not guaranteed
