For Sale
Owner Occupant/Investment Opportunity
1509 West Main Street Richmond Virginia 23220
Asking$1,650,000
For Sale
1509 West Main Street Richmond Virginia 23220
This offering presents a rare opportunity to acquire a 6,188 SF, 3-story creative office building located at 1509 W Main Street in the heart of Richmond’s Fan District.
The property showcases a striking historic Federal-style façade while featuring a completely modernized and thoughtfully renovated interior. Built in 1986, this property is well-suited to appeal to today’s collaborative and design-focused users. The space offers an open and flexible layout complemented by polished concrete floors, exposed ceilings, and contemporary architectural accents throughout. A dramatic third-floor atrium with wrought iron railings creates a visually compelling centerpiece, extending natural light down through the first floor and enhancing the overall sense of openness and creativity. This seamless nod to the Fan’s historic sensibility via the building’s facade blended with the property’s interior modern functionality makes this building an exceptionally unique asset within one of the Richmond MSA’s most desirable office and retail submarkets.
In addition to its architectural appeal, the property benefits from strong functionality and flexibility, with a layout that includes both private offices and generous open collaborative workspace. The building also enjoys an effective end-unit position, as the east side has no adjoining structure, allowing for additional natural light and a sense of privacy rarely found in urban office properties. Positioned along the highly visible Main Street corridor, the location offers immediate walkable access to the neighborhood’s vibrant retail, dining, and lifestyle amenities, as well as proximity to Virginia Commonwealth University, downtown Richmond, and surrounding residential density of the Fan. This is an exceptional opportunity for an owner-occupant or investor to secure a distinctive and high-quality creative office asset in one of the region’s most established and sought-after urban neighborhoods.
ABOUT THE FAN DISTRICT
The Fan District is located within the City of Richmond on the western edge of Downtown and VCU’s Monroe Park Campus. Bounded by Broad Street, the Boulevard, the Downtown Expressway and Belvidere, the Fan is one of Richmond’s most striking and engaging urban neighborhoods.
The Fan was largely developed in the early 1900’s and remains one of the city’s most walkable and pedestrian friendly places to live. The density and mixed-use nature of the Fan means cultural, entertainment, and dining options are located within the district and this unique blend is one of the Fan’s most appealing attributes. The Fan’s strategic location within Richmond means that the best of the city’s culture and entertainment is never far away. Located along the Fan’s western border, the Boulevard corridor is home to some of the best of Richmond’s arts and culture. The famed Virginia Museum of Fine Arts (VMFA), the Virginia Museum of History and Culture, the Science Museum of Virginia, and the Children’s Museum are all conveniently located within walking distance of each other. In addition to museums, the Boulevard and Broad St corridor provides numerous entertainment options such as the Bow Tie Theater and The Diamond, home to the Flying Squirrels baseball club (AA Affiliate of the San Francisco Giants). Additionally, fine and performing art centers including the Altria Theatre, Dominion Energy Center/Carpenter Center, the Institute of Contemporary Art (ICA), and The National are located immediately east of the Fan in the heart of VCU and in the Downtown district.
Ken Campbell is a commercial real estate veteran who brought over twenty-five years of transaction experience to his role as a broker at One South Commercial in 2019. Ken is highly experienced in transactions locally and across North America. His expertise spans the commercial real estate spectrum with most of this work occurring in the office and industrial sectors, and he obtained an MBA with a concentration in real estate and urban land development from VCU.
Ken has represented both tenants and landlords across the country since he transitioned from in-house corporate real estate to brokerage over ten years ago. He has worked with a wide range of clients from individuals to Fortune 500 companies. Ken’s experience and knowledge provide his clients with a tremendous advantage in real estate transactions and make him a trusted and dependable partner.
Ann Schweitzer Riley has become a distinguished figure in commercial real estate, focusing primarily on sales of urban commercial properties, including office spaces, retail locations, multi-family buildings, industrial facilities, and mixed-use developments. With a rich background that spans over a decade, Ann has developed a keen expertise in property sales, investment, and development.
A graduate of UVA, Ann’s journey in real estate began as a residential real estate appraiser in Charlottesville, VA. Her career path led her to roles as a legal assistant and later to Richmond in 2008, where she worked with an affordable housing nonprofit. There, she gained a passion for construction and real estate development. This foundation allowed her to excel as a real estate construction project manager and later as a corporate commercial sales agent.
Today, at One South Commercial, Ann is renowned for her sharp insights in market trends, her strategic approach to property disposition, and her ability to optimize asset value for her clients. Her comprehensive understanding of both residential and commercial real estate markets, combined with her specific expertise in commercial sales, makes her an invaluable partner to property owners and buyers alike.
Ann’s commitment to her clients and her profound market knowledge ensure tailored, effective strategies for those looking to invest in or divest commercial real estate assets.
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
