Richmond, VA Commercial Real Estate for Lease and Sale

Explore 503 listings of Richmond commercial real estate to find the best space for your business.

Walmart - 7000 Iron Bridge Road

7000 Iron Bridge Road, Kingsland Glen - Kings Forest, Richmond, VA
Property

Retail
Availability

1 Space

41,117 SF
For Lease Contact for pricing
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9151 Bon Air Crossings Drive

9151 Bon Air Crossings Drive, Brighton Green, Chesterfield, VA
Property

VacantLand

3.96 Acre
For Sale

$600,000
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Icon at City View

411 Brainbridge Street, Old Town Manchester, Richmond, VA
Property

Office

122,500 SF
Availability

5 Spaces

120,000 SF
For Lease Contact for pricing
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Corporate Hills

101 Buford Road, Rock Creek Park, Richmond, VA
Property

Office

59,482 SF
Availability Contact for availability
Year Built

1978
For Lease Contact for pricing
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Office Coworking Retail Industrial

Office Retail Industrial Land
3043 W. Moore Street

3403 West Moore Street, Scott's Addition, Richmond, VA
Property

Office

110,763 SF
Availability

1 Space

21,100 SF
Year Built

1950
For Lease Contact for pricing
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7300 Jefferson Davis Hwy

7300 Jefferson Davis Hwy, Rayon Park - Patterson Park, Richmond, VA
Property

Retail

4,221 SF
For Sale Contact for pricing
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1209 N Arthur Ashe Blvd

1209 N Arthur Ashe Blvd, Museums, Richmond, VA
Property

VacantLand

25,000 SF
Availability

2 Spaces

37,916 SF
Year Built

1948
For Lease Contact for pricing
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111-125 South 14th Street & 110 South 15th Street & 1415 Davenport Lane

123 South 14th Street, Shockoe Slip, Richmond, VA
Property

Retail

79,491 SF
Availability

8 Spaces

19,813 SF
Year Built

1867
For Lease Contact for pricing
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7127 Forest Hill Ave

7127 Forest Hill Ave, Gravel Hill, Richmond, VA
Property

Retail

5,100 SF
Availability

1 Space

5,100 SF
Year Built

2005
For Lease Contact for pricing
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Modera Falls Church

1001 West Broad Street, VCU, Richmond, VA
Property

Retail

22,000 SF
Availability

11 Spaces

22,283 SF
For Lease Contact for pricing
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2009 Roane Street

2009 Roane St, Chamberlayne Industrial Center, Richmond, VA
Property

Industrial
Availability

1 Space

6,000 SF
Year Built

1960
For Lease Contact for pricing
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2900 Chamberlayne Ave

2900 Chamberlayne Ave, Virginia Union, Richmond, VA
Property

Retail

4,400 SF
Year Built

1964
For Sale Contact for pricing
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1010 North Meadow Street

1010 North Meadow Street, Newtowne West, Richmond, VA
Property

VacantLand

1.44 Acre
Availability

1 Space

1.44 Acre
For Lease

$5,000.00/MO
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The Douglas-Baird House

101 E Cary St, Monroe Ward, Richmond, VA
Property

Office

6,000 SF
Availability

1 Space

6,000 SF
Year Built

1915
For Lease Contact for pricing
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509 N Meadow St

509 N Meadow St, The Fan, Richmond, VA
Property

Office

980 SF
Availability

1 Space

980 SF
Year Built

1920
For Lease Contact for pricing
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The Eddy on the James

700 Semmes Avenue, Old Town Manchester, Richmond, VA
Property

Retail

2,578 SF
Availability

1 Space

2,578 SF
Year Built

2023
For Lease Contact for pricing
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1642 W Broad St

1642 W Broad St, Newtowne West, Richmond, VA
Property

Retail

2,000 SF
Availability

1 Space

2,000 SF
Year Built

1990
For Lease Contact for pricing
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5221 Brook Rd., Richmond, VA

5221 Brook Rd, Jefferson Gardens, Richmond, VA
Property

Retail
Availability

1 Space

41,117 SF
For Lease Contact for pricing
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1400 Johnston Willis Dr

1400 Johnston Willis Dr, Heritage Commons - Country Place, Richmond, VA
Property

Office

18,000 SF
Availability

1 Space

18,000 SF
For Lease Contact for pricing
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3200 West Broad – The Icon

3200 West Broad Street, Scott's Addition, Richmond, VA
Property

Office

20,000 SF
Availability

3 Spaces

3,964 SF
For Lease Contact for pricing
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25 E Main Street

25 E Main Street, Monroe Ward, Richmond, VA
Property

Office

4,958 SF
For Sale Contact for pricing
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Rocketts Landing - 4500 Old Main Street

4500 Old Main Street, Shockoe Bottom, Richmond, VA
Property

Office

60,000 SF
Availability

1 Space

60,000 SF
For Lease Contact for pricing
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2043 W. Broad St Richmond

2043 W. Broad St Richmond, The Fan, Richmond, VA
Property

Retail

3,647 SF
For Sale Contact for pricing
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Meadowbrook Plaza

5700 Hopkins Road, Beechwood, North Chesterfield, VA
Property

Retail

183,862 SF
Availability

2 Spaces

16,206 SF
Year Built

1965
For Lease Contact for pricing
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Crossroads Professional Center

11600 Busy Street, Stonehenge - Ashley Woods, Chesterfield, VA
Property

Office

16,682 SF
Availability

3 Spaces

5,751 SF
Year Built

1985
For Lease

$16.50/SF/YR
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6829 & 6831 Atmore Drive

6829 Atmore Drive, Midlothian, Richmond, VA
Property

Industrial

37,675 SF
Availability

1 Space

15,500 SF
Year Built

1975
For Lease

$9.00/SF/MO
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3540 Floyd Ave

3540 Floyd Ave, Museum District, Richmond, VA
Property

Office

2,750 SF
Year Built

1954
For Sale Contact for pricing
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701 N 1st St

701 N 1st St, Jackson Ward, Richmond, VA
Property

Retail

6,000 SF
Availability

3 Spaces

5,410 SF
For Lease Contact for pricing
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Carytown Exchange

3533 Ellwood Avenue, Carytown, Richmond, VA
Property

Retail

114,312 SF
Availability

1 Space

1,435 SF
Year Built

1984
For Lease Contact for pricing
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3017 Williamsburg Avenue

3017 Williamsburg Avenue, Shockoe Bottom, Richmond, VA
Property

VacantLand

1.97 Acre
For Sale

$2,975,000
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2407-2409 Westwood Avenue

2409 Westwood Ave, Dabney Center, Richmond, VA
Property

Industrial
Availability

1 Space

10,916 SF
Year Built

1967
For Lease Contact for pricing
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Food Lion Shopping Center

5802 Route 1, Dupont Gardens, North Chesterfield, VA
Property

Retail

32,160 SF
Availability

2 Spaces

6,000 SF
For Lease Contact for pricing
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8924 Route 1

8924 Route 1, Central Park - Crescent Park, Richmond, VA
Property

Retail

8,702 SF
Year Built

1957
For Sale

$1,500,000
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River Road Shopping Center

6201-6243 River Road, Chatham Hills, Richmond, VA
Property

Retail
Availability

2 Spaces

3,911 SF
Year Built

1960
For Lease Contact for pricing
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1618 Commerce Road

1618 Commerce Road, Ancarows Landing, Richmond, VA
Property

Industrial

27,975 SF
Availability

2 Spaces

27,975 SF
Year Built

1949
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Richmond commercial real estate market incorporates 9,346,165 square feet of office space across 227 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Richmond, the coworking segment of the commercial real estate market incorporates about 1,889 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Richmond commercial real estate market includes 7,422,331 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Richmond market, there is a total of 6,248,193 square feet of industrial property.

The listing inventory in Richmond incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Richmond is represented by Office space, which accounts for 3,064,275 square feet of available listings. Industrial space available in Richmond adds up to 2,733,513 square feet.

Meanwhile, most of the listings of commercial property for sale in Richmond are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Richmond is $17.72 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Richmond can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $23.34 per square foot, industrial space in Richmond saw average rents of $11.6 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Richmond, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Richmond is in the Rock Creek Park neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Rock Creek Park area.

Meanwhile, retail space opportunities are most abundant in the Belt Center submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Ancarows Landing.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $35 per square foot. In particular, the property type commanding the highest lease rates in Richmond was Retail space.

Conversely, the highest sale price last year was $66,172,500 that is located at 2015 Staples Mill Road.

The average size of a commercial property in Richmond depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Richmond, the average size of an office property is 50,520 square feet.
Retail properties here incorporate an average of 63,986 square feet.
Industrial space in Richmond is in buildings that are, on average 107,728 square feet in size.

Richmond, VA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Richmond currently add up to 9,707,239 square feet. The market offers 210 active office listing(s), which amount to 3,063,873 square feet and account for 53% of commercial spaces on the market. Local retail availability includes 1,624,805 square feet across 109 retail space(s). Industrial space for rent opportunities in Richmond amount to 2,606,013 square feet across a total of 50 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	210	3,063,873
Retail	109	1,624,805
Industrial	50	2,606,013
Other	25	2,412,548

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Richmond, VA. Currently, there is 931,033 square feet of commercial property for sale here , which includes 19 office building(s) for sale , 25 retail investment opportunity listing(s) , and 15 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	19	255,877
Retail	25	212,402
Industrial	15	289,892
Other	55	172,862

Richmond, VA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Richmond, VA?

What factors affect the price of commercial real estate in Richmond, VA?

What is the average rent for commercial space in Richmond, VA?

What are the best areas for commercial real estate in Richmond, VA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Richmond, VA?

Richmond, VA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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