101 W Commerce Road Richmond, VA $ 5,800,000
101 W Commerce Road
$ 5,800,000
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101 W Commerce Road

Richmond, VA, 23224
$ 5,800,000
Baths0.0 Sq 40,959

Monthly Estimate*

$ 40,515

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Studio

Commercial Property for sale in Richmond, VA

for $5,800,000. This 40,959 square foot building was built in 1920 on a lot size of 0.46.

Originally constructed in 1920, this 3 story former warehouse property was redeveloped as creative office by one of the building’s founding office tenants, CRT/Tanaka, a local public relations firm since acquired by international public relations and marketing firm, Padilla. With approximately 40,000 SF of renovated creative office spanning across 3 floors, the building’s flexible layout, preservation of original historic warehouse features, and unique modern improvements offer a highly functional and dynamic blend of collaborative, meeting, and private workspaces. The property’s large 13,000 SF floor plates are conveniently traversed by both elevator and stairwell access, easily accommodating the building’s two long term stable tenants which include both local developer and property management firm, Genesis Properties, as well as Padilla. Padilla’s occupancy spans across the 1st and 3rd floors, loosely integrated via a large dramatic 3rd floor atrium which opens to the 1st floor. Genesis Properties occupies the building’s 2nd floor, a space seamlessly demised around the building’s atrium opening.

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Commercial Active

Price

$ 5,800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial Sale

Lot Size

0.46

Year Built

1920

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2218954

Features
General
Sewer PublicSewer
Heating ForcedAir
Possession CloseOfEscrow
Roof BuiltUp Metal
Construction Materials Brick
Year Built 1920
Stories 3
Topography Level
Levels ThreeOrMore
Percent Ownership Investment
Accessibility AccessibilityFeatures
County Richmond City
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Building Features Elevators
Total Rooms 8
Status Active
Disclosures OwnerIsListingAgent
View Y/N N
Senior Community Y/N N
Zoning Description B-6
MLS Area 60 - Richmond
Waterfront Y/N N
Carport Y/N N
Street Name Commerce
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Property Condition AverageCondition
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 638
Standard Status Active
Tax Assessed Value 0
Tax Lot 20
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Exterior
Lot Features Level
Water Source Public
Lot Size Area 0.46
Spa N
Building Area Total 40959.0
Lot Size Acres 0.46
Lot Size Units Acres
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
Street Suffix Road
Electric On Property Y/N N
Total Baths 0
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* Excluded Features
List By
Ken Campbell

Listing Agent

One South Commercial Llc

Broker

ken.campbell@onesouthrealty.com

Email

Affordability Calculator

$40,515
Per Month
100%
0%
0%
Monthly Principal & Interest
$40,515
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1821039 Elementary School
1821205 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/6/2022$5,800,000 Listed Price

Map


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101 W Commerce Road, Richmond, VA, 23224 is a Commercial Property for sale at $5,800,000 with 40,959 sqft and a lot size of 0.46. 101 W Commerce Road is a studio with 0.0 baths and was built in 1920. The property's zip code is 23224 which is in Richmond, VA