116 E Broad Street Richmond, VA ^$ 950,000

116 E Broad Street

^$ 950,000

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116 E Broad Street

Richmond, VA, 23219

^$ 950,000

Bedrooms-- Baths-- Sq 9,591

Monthly Estimate*

^$ 6,561

116 E Broad Street, Richmond, VA 23219 - Image 1

Commercial Property for sale in Richmond, VA

for $950,000. This 9,591 square foot building was built in 1925 on a lot size of 0.072.

Built in 1925 by Delaney and Gann Builders, this brick three story Italian-ate row style building features 3rd floor exterior arched windows and a beautiful interior 2 story, wide balustrade staircase. The space features original woodfloors and tin ceilings. The building is in need of total renovation and is currently vacant. The property is being sold "as-is" owner will make no repairs.

Commercial Active

Price

^$ 950,000

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.072

Year Built

1925

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2506302

Features

General

Possession Close Of Escrow

Year Built 1925

Percent Ownership Investment

County Richmond City

Property Type Commercial Sale

Possible Use Commercial Investment Retail

Building Features Multi-Tenant No Elevators

Full Baths 0

Status Active

Directions On Broad street bewteen 1st and 2nd avenues.

MLS Area 10 - Richmond

Lot Size Units Acres

Year Built Details Actual

Lease Considered Y/N false

Days on Market 136

Standard Status Active

Tax Assessed Value 578000

Expected Active Date 2025-03-12

Interior

Basement (Y/N) false

Half Baths 0

Total Baths 0

Exterior

Lot Size Area 0.072

Building Area Total 9591

Lot Size Acres 0.072

* Excluded Features

List By

Wayne Isbell

Listing Agent

Fine Creek Realty

Broker

Wayne_Isbell@hotmail.com

Affordability Calculator

$6,561

Per Month

Monthly Principal & Interest: $6,561
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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

Trends
Schools

Commerical listings in Richmond, VA

Average List Price ^$1,363,564

Percent of Sale Price 44%

About Richmond, VA

228,048 Population

15% Since 2002

^$44,360 Median Income

34.76 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/4/2025	$950,000		Listed Price

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116 E Broad Street, Richmond, VA, 23219 is a Commercial Property for sale at $950,000 with 9,591 sqft and a lot size of 0.072. 116 E Broad Street was built in 1925. The property's zip code is 23219 which is in Richmond, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

Properties marked with the CVRMLS icon are provided courtesy of Central Virginia Regional Multiple Listing Service, LLC and detailed information about them includes the name of the listing brokers.

The multiple listing information is provided by Central Virginia Regional Multiple Listing Service, LLC from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/18/2026.

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116 E Broad Street

Commercial Property for sale in Richmond, VA

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