For Sale

For Sale

Historic Industrial Gem Near VCU Campus

306 Gilmer Street Richmond Virginia 23220

Asking$725,000
Historic Industrial Gem Near VCU Campus

Property Highlights

306 Gilmer Street | Richmond, VA

  • Size: 4,500 square feet of adaptable space.
  • Ceiling Height: 14 feet on the south side, sloping to 12 feet on the north side.
  • Access: Two roll-up doors facilitate easy loading and unloading.
  • Zoning: Designated as B-4 Central Business District, permitting a diverse range of uses including:
    • Retail & boutique storefronts
    • Creative office or co-working space
    • Breweries, cafés, and restaurants
    • Art galleries, studios, and maker spaces
    • Residential or mixed-use redevelopment

Year Built: 1924
Parcel ID: N0000350016
Square Ft: 4,500
Acreage: 0.1039
Zoning: B-4

Discover a unique opportunity to own a versatile 4,500-square-foot historic industrial building in the heart of Richmond, Virginia. Located along the GRTC Pulse bus line and on the doorstep of Virginia Commonwealth University (VCU), this property offers exceptional accessibility and visibility. With many similar structures no longer standing, this authentic industrial space offers a unique chance for an owner-user to establish a business while securing a valuable asset for future redevelopment.

Location Advantages:

  • Transportation: Situated on the GRTC Pulse bus line, ensuring convenient public transit options.
  • Proximity to VCU: Close to Virginia Commonwealth University, offering access to a vibrant community and potential customer base.
  • Accessibility: Easy access to major thoroughfares, enhancing connectivity to the broader Richmond area.
  • Future Redevelopment Potential: With Richmond’s ongoing urban revitalization, this property holds significant long-term value for adaptive reuse, mixed-use conversion, or redevelopment.

This property presents an excellent opportunity for investors or business owners seeking a distinctive space with historical charm. These buildings are becoming increasingly scarce, making this a unique chance to secure a piece of Richmond’s industrial past with the flexibility to shape its future.

ABOUT CARVER

Carver is a vibrant and rapidly evolving neighborhood in Richmond, Virginia, offering a dynamic mix of historic charm and modern development. Located just north of Broad Street and adjacent to VCU’s expanding campus, Carver is a prime location for businesses seeking high visibility and accessibility. The area has seen significant revitalization, with beautifully restored row houses, new mixed-use developments, and a growing population of young professionals and students. With its close proximity to downtown, thriving local businesses, and strong community appeal, Carver presents an exceptional opportunity for investors and entrepreneurs looking to establish a presence in one of Richmond’s most promising districts.

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Location

306 Gilmer Street, Richmond, VA, USA

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Listing Agent(s)

Justin Sledd

Vice President

Justin is a seasoned commercial real estate expert with over 15 years worth of experience. Having a widespread knowledge of the Richmond real estate market, Justin is comfortable handling many types of transactions, but his primary practice areas are multifamily and investment sales. Justin possesses a commanding knowledge of Richmond’s rental market, providing his clients with in-depth analysis of the competitive landscape and value-added solutions. Justin is a Richmond native and a graduate of Virginia Commonwealth University.

  • President (2020), Richmond Property Owners Association
  • Richmond Association of Realtors
  • Greater Richmond Association for Commercial Real Estate (GRACRE)
  • VA Department of Professional and Occupational Regulation
  • Real Estate Sales License
  • Goochland Education Foundation Board Member

Tom Rosman

Principal Broker

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.

 

  • Richmond Association of Realtors
  • Greater Richmond Association for Commercial Real Estate (GRACRE)
  • VA Department of Professional and Occupational Regulation
  • Real Estate Broker License
Communication
One South Commercial is the exclusive representative of Seller in its disposition of 306 Gilmer Street | Richmond, VA, 306, Gilmer Street, Richmond, Virginia, 23220. All communications regarding the property should be directed to the One South Commercial listing team.
Property tours
One South Commercial is the exclusive representative of Seller in its disposition of 306 Gilmer Street | Richmond, VA, 306, Gilmer Street, Richmond, Virginia, 23220. All communications regarding the property should be directed to the One South Commercial listing team.
Offers
One South Commercial is the exclusive representative of Seller in its disposition of 306 Gilmer Street | Richmond, VA, 306, Gilmer Street, Richmond, Virginia, 23220. All communications regarding the property should be directed to the One South Commercial listing team.

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

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