For Sale
Office Space Ideal for Owner Occupant
1641 West Broad Street Richmond Virginia 23220
Asking$750,000
For Sale
1641 West Broad Street Richmond Virginia 23220
Positioned along one of Richmond’s most recognizable corridors, 1641 W Broad Street presents a rare opportunity for an owner-occupant to acquire a character-rich office property in the heart of the city. This building offers an owner user long-term operational control and value appreciation potential along one of Richmond’s most connected and evolving corridors. Originally renovated in 1975 by renowned and respected structural engineer William J. Davis, the property blends classic historic detailing with an unmistakable sense of retro charm and personality.
Containing approximately 4,871 SF of office space plus a partial basement, the building offers a flexible layout well-suited for creative firms, professional offices, nonprofits, design studios, or boutique headquarters users seeking a distinctive environment with authentic architectural character. Thoughtful details throughout the property create an atmosphere that is both professional and memorable, balancing timeless craftsmanship with playful mid-century influences.
Constructed with enduring quality, the building offers a solid structural foundation and lasting integrity that reflects the vision and expertise behind its renovation. Large windows, unique interior finishes, and inviting spaces provide an inspiring setting for employees and clients alike.
Conveniently located on West Broad Street with immediate access to Downtown Richmond, Scott’s Addition, VCU, and Interstate 95/64, the property benefits from exceptional connectivity and visibility within one of the city’s most dynamic growth corridors.
1641 W Broad Street offers a compelling opportunity to own an architecturally distinctive office building with history, personality, and long-term functionality in a premier Richmond location.
BROAD STREET CORRIDOR
The Broad Street corridor bounding the northern edge of Richmond’s historic Fan District is a bustling, evolving artery where classic architecture meets rapid urban growth. This stretch effortlessly blends residential charm with a booming culinary and arts scene. It features a unique mix of early 20th-century brick commercial buildings, expansive art spaces and neighborhood institutions. The area is a hub of ongoing urban revitalization.
The GRTC Pulse runs directly down the middle of Broad Street, making the corridor highly walkable and connected to Scott’s Addition, Downtown Richmond and Virginia Commonwealth University. Major multi-phase redevelopments, such as the Sauer Center expansion, are reshaping the nearby blocks. This massive urban project brings new mixed-use spaces, residential units, and plazas just steps from the Fan. Residents enjoy immediate proximity to major retailers (like Whole Foods Market), trendy restaurants, and seamless public transit while retaining the classic charm of a historic neighborhood.
Born and raised on a Virginia farm just outside the City of Richmond, Lory Markham has always been fascinated by settlement patterns and how urban growth happens. Her professional history, market knowledge, and passion for making places better equip her to work toward the continued growth of Richmond.
Lory graduated summa cum laude from Hollins University and earned her MA in Urban and Environmental Planning at the University of Virginia’s School of Architecture. After two years at the Richmond Regional Planning District Commission, she continued her public service at the City of Richmond. As Principal Planner for the City of Richmond, Lory served as Secretary to the city’s Planning Commission and managed the review of all development projects in the City that needed special approval. Her contributions to development in the City were recognized in her selection as a “Top 40 Under 40” by Style Weekly.
After over a decade of experience in with the City of Richmond, Lory started a planning consulting company, Markham Planning, and joined One South Commercial as a commercial agent. Her extensive knowledge of the Richmond market, zoning and development review process, historic tax credits, and neighborhood development has made her a prominent figure in the Richmond real estate market. And her focus remains in making places better and maximizing their potential.
Mark R. Merhige was born and raised in Richmond, Virginia and attended the Collegiate School, Randolph-Macon College & VCU. He brings more than 35 years of specialized real estate experience as a founder, principal, manager and consultant across numerous organizations.
Mark is a pioneer of RVA’s urban redevelopment, forming the pre-cursor to Shockoe Properties in 1986 and creating some of the first warehouse lofts in downtown Richmond – the majority of which are in the Shockoe Slip Historic District. He has since been involved in the development of over $70 million of mixed use and apartment projects and continues to own and manage many of these properties which include apartments, restaurants, retail and
commercial space.
He loves spending time with his wife, Laura, their four children, Sayre, Mark, Jr, Mariah, and Alex. When he’s not toiling away behind a desk, you can find him back home on the farm communing with his cow and horse brethren.
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
