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3310 W Clay St

6,885 SF 100% Leased Light Industrial Building Richmond, VA 23230 £1,082,025 (£157/SF)

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Investment Highlights

Owner occupied space available
11 parking spaces on-site
New roof in 2008

Long term anchor tenant in place, paying market rent
Total gut renovation in 2006
2nd floor office renovation in 2019

Executive Summary

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.

Property Facts

Price	£1,082,025	Rentable Building Area	6,885 SF
Price Per SF	£157	Number of Floors	2
Sale Type	Investment or Owner User	Year Built/Renovated	1946/2006
Property Type	Light Industrial Industrial Warehouse Light Industrial Light Distribution	Parking Ratio	1.6/1,000 SF
Building Class	B	Clear Ceiling Height	12 ft
Lot Size	0.27 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£1,082,025
Price Per SF	£157
Sale Type	Investment or Owner User
Property Type	Light Industrial Industrial Warehouse Light Industrial Light Distribution
Building Class	B
Lot Size	0.27 AC
Rentable Building Area	6,885 SF
Number of Floors	2
Year Built/Renovated	1946/2006
Parking Ratio	1.6/1,000 SF
Clear Ceiling Height	12 ft
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.