804-869-3059
115 W Broad St, Richmond, VA for Rent

$16.00 USD /SF/yr

Retail - For Rent
1/9
1,700 SF | 1 Space

Nov '25


115 W Broad St
Richmond, VA 23220
Monroe Ward


HIGHLIGHTS

  • Prime Monroe Ward location – In the heart of Richmond’s Arts & Theater District with strong pedestrian and vehicle traffic
  • Near VCU & downtown employers – Just blocks from VCU, VCU Health, and the State Capitol, ideal for student and professional traffic
  • High visibility and frontage – Prominent Broad Street exposure with large display windows and consistent daily foot traffic
  • Built-in residential base – Located in a mixed-use building with apartments above and surrounded by dense housing
  • Excellent transit connectivity – Steps from GRTC Pulse and major bus lines, offering convenient citywide access
  • Rare off-street parking – Private rear parking for tenants, a unique advantage in downtown Richmond

OVERVIEW

Prime retail opportunity located at 115 W Broad Street in the heart of Richmond’s vibrant Monroe Ward district. This 1,500 SF ground-floor retail suite sits within a renovated four-story mixed-use building, with residential apartments above providing steady foot traffic from both residents and nearby students. The property includes off-street parking in the rear, a rare and valuable feature for downtown businesses. Monroe Ward is one of Richmond’s most walkable, energetic neighborhoods—nestled between the Fan and the Downtown financial core, just blocks from VCU’s Monroe Park Campus and surrounded by restaurants, boutiques, galleries, and cultural landmarks along Broad Street’s Arts & Theater corridor. The location offers exceptional transit access, with multiple GRTC bus routes and the Pulse rapid transit line running directly along Broad, connecting to VCU Health, the State Capitol, and neighborhoods across the city. Demographically, Monroe Ward is one of the most college-dense areas in the U.S., with a greater concentration of students than 98% of neighborhoods nationwide. The area is dominated by renters and young professionals, with roughly 54% of households made up of single residents, creating consistent demand for retail, dining, and service-oriented businesses. Residents are a mix of students, early-career professionals, and downtown employees seeking convenience and community, with growing disposable income and an appreciation for local and experiential brands. The neighborhood’s diversity and proximity to VCU make it an ideal location for a café, boutique, gallery, fitness studio, or professional service tenant looking to establish a strong footprint in Richmond’s downtown core. With its unbeatable visibility, walkable surroundings, and strong residential and student base, 115 W Broad Street offers a rare chance to position your business in one of the most dynamic and evolving areas of the city.

RENTAL DETAILS

SPACE AVAILABLE

1,700 SF

# OF SPACES

1

RENT/MONTH

$2,267 USD /mo

RENT RATE (MO)

$1.33 USD /SF/mo

RENT RATE (YR)

$16.00 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

Negotiable

AVAILABLE

Nov 01, 2025

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

TOTAL BUILDING SIZE

31,364 SF

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1801 AC

LAND SF

7,845 SF

ZONING

B-4 CENTRA

ASK ABOUT THIS PROPERTY

David GauldenThe Gaulden GroupMore Info
804-869-3059

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David GauldenThe Gaulden GroupMore Info
804-869-3059

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.