For Sale
Renovated Historic 2-Story Duplex For Sale
5 South Adams Street Richmond Virginia 23220
Asking$725,000
For Sale
5 South Adams Street Richmond Virginia 23220
This beautifully restored two-story brick duplex at 5 S Adams Street offers a rare opportunity in the heart of Monroe Ward—directly across from the iconic Jefferson Hotel.
Built in 1900, the property retains its historic charm with many Georgian elements while benefiting from a full renovation that delivers modern functionality, comfort, and efficiency. As an end unit with prominent street presence, this grand building enjoys abundant natural light and strong visibility in one of Richmond’s most architecturally rich and walkable urban districts. The 1st floor layout works well for a small private office and includes 2 large offices, an open meeting room/ space, restroom, and gourmet kitchen with commercial grade appliances as well as a charming private outdoor patio. Original trim work/molding, hardwood flooring, original fireplaces are located throughout complemented by modern recessed lighting. The 2nd floor layout could potentially work either for office or residential/apartment use and includes 3 offices or living spaces alongside a full bathroom and a wet/bar kitchenette.
The property provides exceptional flexibility for a variety of users and enjoys excellent proximity to both the VCU and MCV campuses as well as the CBD and Capitol complex. It is perfectly suited for an owner-occupant seeking a distinctive urban headquarters or potentially live-work environment, or for an entry-level investor looking to secure a well-located asset in a steadily growing neighborhood. With its blend of historic character, modern upgrades, PRIME location, and adaptable layout, this duplex presents a standout, turn-key opportunity in Richmond’s urban core.
ABOUT MONROE WARD
Shockoe Bottom is one of Richmond’s oldest and most historic neighborhoods. Today, as a center Monroe Ward is a dynamic and evolving neighborhood in the heart of Richmond, VA,
seamlessly blending historic charm with modern vibrancy. Known for its walkability and central location, Monroe Ward sits between the bustling downtown district and the cultural energy of the Arts District, making it an attractive destination for professionals, creatives, and entrepreneurs alike. Tree-lined streets showcase a mix of historic townhomes, contemporary apartments, and repurposed commercial spaces, creating a unique architectural landscape that reflects the city’s rich past and forward-thinking development.
The neighborhood is home to a diverse array of restaurants, cafés, and bars, offering everything from locally roasted coffee to fine dining experiences. Proximity to VCU’s Monroe Park campus infuses the area with a youthful energy, while nearby cultural landmarks, such as the Virginia Repertory Theatre and the Institute for Contemporary Art, add depth to the local arts scene. With easy access to major roadways, public transit, and green spaces like Monroe Park, Monroe Ward offers a balance of convenience and character, making it one of Richmond’s most sought-after urban neighborhoods.
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
