One South Commercial is pleased to bring to market a rare flex space opportunity in Scott’s Addition, Richmond, VA. Consisting of almost 7,000 square feet, the building is two stories with renovated office on the 2nd floor and partial office on the first-floor front. The first-floor rear is where an owner occupant can go with approximately 2,500 available to take over. There are 1353 square feet of office/retail and another approximately 3,000 square feet of warehouse that can be renovated into creative office space or kept as flex space.
There are 11 off-site parking spaces that come with the building. The types of users the building would attract are maker space, artist’s studios, tech hub, innovation labs, designer studios, real estate offices, etc. The property is meant for the creative mind and has much light and high ceilings with lots of open spaces.
The location of West Clay Street and Roseneath Road is in the heart of the Scott’s Addition neighborhood resurgence. It is a prime location for a business location for an owner occupant and investor as well. The available space can be rented in various ways to tenants- as office, retail or small artisan locations.
Built in 1946 and totally renovated in 2006, the property has been very well maintained, and the sellers have been incredible stewards of the building. The spaces are bright and airy and offer tenants an incredible place to work and create. There are many possibilities offered to investors and owner occupants with this listing.
Born and raised on a Virginia farm just outside the City of Richmond, Lory Markham has always been fascinated by settlement patterns and how urban growth happens. Her professional history, market knowledge, and passion for making places better equip her to work toward the continued growth of Richmond.
Lory graduated summa cum laude from Hollins University and earned her MA in Urban and Environmental Planning at the University of Virginia’s School of Architecture. After two years at the Richmond Regional Planning District Commission, she continued her public service at the City of Richmond. As Principal Planner for the City of Richmond, Lory served as Secretary to the city’s Planning Commission and managed the review of all development projects in the City that needed special approval. Her contributions to development in the City were recognized in her selection as a “Top 40 Under 40” by Style Weekly.
After over a decade of experience in with the City of Richmond, Lory started a planning consulting company, Markham Planning, and joined One South Commercial as a commercial agent. Her extensive knowledge of the Richmond market, zoning and development review process, historic tax credits, and neighborhood development has made her a prominent figure in the Richmond real estate market. And her focus remains in making places better and maximizing their potential.
Tom Rosman has been brokering investment real estate since the early 1990’s in the Richmond, VA, metro area. He has brought hundreds of transactions to a successful conclusion, including large apartment complexes, apartment buildings in historic neighborhoods, office buildings, retail properties, mixed use buildings, and numerous historic adaptive reuse properties.
Tom was one of the first brokers to recognize the transformative changes occurring in many of Richmond’s most architecturally significant but ignored neighborhoods. Having helped place many of the warehouses and other commercial structures in the hands of Richmond’s development community, Tom’s belief in what a property should be was never compromised by the condition it was in.
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