Richmond, VA Commercial Real Estate for Lease and Sale

Explore 502 listings of Richmond commercial real estate to find the best space for your business.

Willow Place

5424 West Broad Street, Westmont - Pine View, Richmond, VA
Property

Retail

84,900 SF
Availability

8 Spaces

43,881 SF
Year Built

1983
For Lease Contact for pricing
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Rockwood Plaza

3501 Courthouse Road, Amberleigh, Richmond, VA
Property

Retail

39,000 SF
Availability

1 Space

8,046 SF
Year Built

1990
For Lease Contact for pricing
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Jackson Square

701 North 1st Street, Jackson Ward, Richmond, VA
Property

Office

7,084 SF
Availability

3 Spaces

5,410 SF
Year Built

2020
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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Office Coworking Retail Industrial

Office Retail Industrial Land
9020 Pams Ave

9020 Pams Ave, Central Park - Crescent Park, Richmond, VA
Property

Industrial

9,200 SF
Availability

1 Space

9,200 SF
For Lease Contact for pricing
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Meadowood Square Shopping Center

5100-5118 Richmond Henrico Tpke, Meadowood, Richmond, VA
Property

Retail

37,703 SF
Availability

4 Spaces

20,079 SF
Year Built

1974
For Lease Contact for pricing
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706 Libbie Avenue Richmond

706 Libbie Avenue Richmond, Three Chopt, Richmond, VA
Property

Office

3,500 SF
Availability

2 Spaces

3,065 SF
For Lease Contact for pricing
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629 E Main St

629 E Main St, Richmond City Center, Richmond, VA
Property

Office

9,763 SF
Availability

1 Space

9,763 SF
Year Built

2022
For Lease Contact for pricing
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Chesterfield Towne Center

11500 Midlothian Turnpike, Heritage Commons - Country Place, Richmond, VA
Property

Retail

1,019,193 SF
Availability

1 Space

146,097 SF
Year Built

1976
For Lease Contact for pricing
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2939 W Marshall St

2939 W Marshall St, Scott's Addition, Richmond, VA
Property

Office

3,437 SF
Availability

1 Space

1,400 SF
For Lease Contact for pricing
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Circle Plaza

445 East Belt Blvd, Belt Center, Richmond, VA
Property

Retail

198,969 SF
Availability

14 Spaces

94,022 SF
Year Built

1900
For Lease Contact for pricing
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4112 Fitzhugh Avenue

4112 Fitzhugh Ave, Sauer's Gardens, Richmond, VA
Property

Office
Availability

1 Space

2,391 SF
For Lease Contact for pricing
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Circle Shopping Center

441 E Belt Blvd Richmond, Belt Center, Richmond, VA
Property

Retail
Availability

1 Space

29,984 SF
Year Built

1975
For Lease Contact for pricing
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Williams Mullen

200 S 10th Street, Central Office, Richmond, VA
Property

Office

207,000 SF
Availability

2 Spaces

6,809 SF
For Lease Contact for pricing
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The Cove

512 Hull Street, Old Town Manchester, Richmond, VA
Property

Retail

1,500 SF
Availability

1 Space

1,500 SF
For Lease Contact for pricing
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6,400SF W. Broad St Corner Commercial

801 W Broad St, VCU, Richmond, VA
Property

Mixed Use

6,400 SF
Year Built

1920
For Sale

$2,500,000/SF
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8701 Hull Street

8701 Hull Street, Longwood Acres - Bedford, North Chesterfield, VA
Property

VacantLand

11.78 Acre
For Sale

$1,100,000
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1728 Arlington Road

1728 Arlington Rd Richmond, The Diamond, Richmond, VA
Property

Industrial

14,850 SF
Availability

1 Space

5,200 SF
Year Built

1960
For Lease

$5,200.00/MO
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5922 Brook Run Rd

5922 Brook Run Rd, Jefferson Gardens, Richmond, VA
Property

VacantLand

2 Acre
For Sale Contact for pricing
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Westmoreland Crossing

2001 Maywill Street + 2000 Westmoreland Street, Dabney Center, Richmond, VA
Property

Industrial

140,000 SF
Availability

4 Spaces

144,715 SF
For Lease

$17.50 - $35.00/SF/YR
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2943 W Marshall St

2943 W Marshall St, Scott's Addition, Richmond, VA
Property

Retail

2,261 SF
Availability

1 Space

2,261 SF
Year Built

1920
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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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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Bon Air Shopping Center

2600 Buford Road, Bon Air Center, Bon Air, VA
Property

Retail

57,171 SF
Availability

1 Space

4,883 SF
Year Built

1970
For Lease Contact for pricing
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Cross Pointe Marketplace

8201 Hull Street Road, Winterbrooke, Richmond, VA
Property

Retail

73,788 SF
Availability

3 Spaces

6,225 SF
Year Built

1988
For Lease Contact for pricing
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1281 Carmia Way

1281 Carmia Way, Heritage Commons - Country Place, Richmond, VA
Property

Retail

17,408 SF
Availability

1 Space

17,408 SF
Year Built

1998
For Lease Contact for pricing
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5901 Richmond Henrico Turnpike

5901 Richmond Henrico Turnpike, Fayette Park, Richmond, VA
Property

Industrial

2,600,000 SF
Availability

1 Space

514,500 SF
Year Built

2023
For Lease Contact for pricing
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2939 SF

804-808-812 Moorefield Dr., Pocono - Sturbridge Village, Richmond, VA
Property

Office

2,939 SF
Availability Contact for availability

For Lease Contact for pricing
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St Mary's Hosptial MOB South

5875 Bremo Road, Westwood, Richmond, VA
Property

Office
Availability

1 Space

15,177 SF
Year Built

1992
For Lease Contact for pricing
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Parham One Office

827 Parham Rd, Vaughan Heights, Richmond, VA
Property

Office

22,709 SF
Availability

3 Spaces

3,553 SF
For Lease

$15.00/SF/YR
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The Notch

288 SE and W Broad St Richmond, Jackson Ward, Richmond, VA
Property

VacantLand

7.37 Acre
For Sale Contact for pricing
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132 Richmond Highway

132 Richmond Highway, Swansboro, Richmond, VA
Property

VacantLand
For Sale

$110,000
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9963 Hull Street Road

9963 Hull Street Road, Mayfair Estates, Richmond, VA
Property

VacantLand

0.96 Acre
Availability

1 Space

0.96 Acre
For Lease

$135,000.00/YR
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7631 Hull Street Road

7631 Hull Street Road, Belmont Hills, Richmond, VA
Property

Office

1,205 SF
Availability

1 Space

1,205 SF
For Lease

$1,700.00/MO
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3104 Semmes Avenue
headquarters
3104 Semmes Avenue, Richmond, VA
Services

Open Workspace

Event Space
Amenities

Complimentary coffee & tea

High-speed wifi

Kitchen
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4005 W Broad St

4005 W Broad St, Sauer's Gardens, Richmond, VA
Property

Retail

5,965 SF
Availability

1 Space

5,965 SF
Year Built

1950
For Lease Contact for pricing
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8801 Park Central Drive

8801 Park Central Drive, Crosspoint Fairway Homes, Richmond, VA
Property

Office

15,238 SF
Year Built

2001
For Sale Contact for pricing
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10 N Nansemond Street

10 N Nansemond St, Carytown, Richmond, VA
Property

Retail

36,159 SF
Availability

2 Spaces

33,134 SF
Year Built

2012
For Lease Contact for pricing
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5237 Wilkinson Road

5237 Wilkinson Rd, Wilkinson Estates, Richmond, VA
Property

Retail

7,283 SF
Year Built

1977
For Sale Contact for pricing
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Sauer Center

2230 W. Broad Street, Museums, Richmond, VA
Property

Office

53,200 SF
Availability

1 Space

26,258 SF
For Lease Contact for pricing
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Dabney III

2112-24 Tomlynn Street, Dabney Center, Richmond, VA
Property

Office

3,300 SF
Availability

1 Space

3,300 SF
For Lease Contact for pricing
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Dunkin' ATM Sites

Multiple Locations, Capitol District, Richmond, VA
Property

VacantLand

1,812 SF
Availability

14 Spaces

14 SF
Year Built

2017
For Lease Contact for pricing
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Carytown Square

3218 W Cary St, Carytown, Richmond, VA
Property

Retail

30,450 SF
Availability

3 Spaces

12,800 SF
Year Built

1952
For Lease Contact for pricing
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Food Lion Shopping Center

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

VacantLand

5.23 Acre
Availability

1 Space

5.23 Acre
For Lease Contact for pricing
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1208-1212 East Cary Street

1208-1212 East Cary Street, Shockoe Slip, Richmond, VA
Property

Office

25,000 SF
Availability

1 Space

3,600 SF
For Lease Contact for pricing
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2300 Richmond Hwy

2300 Richmond Hwy, Broad Rock Industrial Park, Richmond, VA
Property

VacantLand

1.74 Acre
Availability

1 Space

1.74 Acre
Year Built

1949
For Lease

$4,500.00/MO
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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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1600 WEST BROAD STREET

1600 WEST BROAD STREET, Newtowne West, Richmond, VA
Property

Office

3,500 SF
Availability

1 Space

3,500 SF
For Lease Contact for pricing
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4906 Cutshaw Ave

4906 Cutshaw Ave, Monument Heights, Richmond, VA
Property

Office

13,448 SF
Availability

1 Space

1,860 SF
Year Built

1986
For Lease

$15.50/SF/YR
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The Penny at Jackson Ward

2 West Marshall Street, Jackson Ward, Richmond, VA
Property

Office

121,239 SF
Availability

1 Space

2,200 SF
Year Built

2019
For Lease

$20.00/SF/YR
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114 E Cary St

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

Office

11,474 SF
Availability

1 Space

7,440 SF
Year Built

1964
For Lease Contact for pricing
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Billy Reynolds Jr Building

6605 W Broad Street, Crestview, Richmond, VA
Property

Office
Availability

1 Space

17,611 SF
Year Built

1978
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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