804-370-9454
4312 Grove Ave, Richmond, VA for Sale
Commercial LAND - FOR SALE
1/3
25,700 SF

4312 Grove Ave
Richmond, VA 23221
Colonial Place


HIGHLIGHTS

  • Corner-lot property positioned between the Libbie & Grove corridor and Carytown, offering exceptional connectivity to some of Richmond’s most desirabl
  • Walkable to upscale retail, dining, and boutique amenities with immediate access to the Fan District, VMFA area, and Libbie & Grove shops
  • Multiple development concepts available, including townhomes and multifamily layouts requiring a Special Use Permit, offering strong future upside pot
  • Strong surrounding demographics with high household incomes and a dense daytime population supporting both residential and office demand

OVERVIEW

4312 Grove Avenue presents an opportunity to acquire an office property positioned on a 0.59-acre corner parcel within Richmond’s established Near West End. The existing building contains 3,560 square feet and is supported by 18 on-site parking spaces, providing flexibility for owner-users, professional firms, medical office users, or investors seeking a well-located asset with future repositioning potential. The property benefits from frontage along Grove Avenue and proximity to some of Richmond’s most recognizable neighborhoods, including Libbie & Grove, Carytown, Windsor Farms, and the Fan District. The surrounding area offers a diverse mix of residential communities, retail destinations, restaurants, professional services, and neighborhood amenities that contribute to sustained demand from both businesses and residents. Convenient access to Interstate 195 further enhances regional connectivity throughout the Richmond metropolitan area. Current RO-2 zoning supports office use, while conceptual redevelopment studies included in the marketing materials illustrate potential future residential redevelopment scenarios, subject to municipal approvals. The combination of an established location, existing improvements, parking availability, and redevelopment potential creates multiple pathways for value creation depending on a purchaser’s investment objectives. Richmond continues to serve as a major employment and business center in Virginia, supported by a diverse economy, higher education institutions, healthcare systems, and government operations. The property’s location within a mature, highly amenitized corridor offers access to nearby employment centers, retail services, and neighborhood conveniences that support long-term occupancy and investment appeal.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

0.59 AC

LAND SF

25,700 SF

OFFSITE IMPROVEMENTS

-

ZONING

R-5 SINGLE

APN/PARCEL ID

W019-0281-021

ASK ABOUT THIS PROPERTY

804-370-9454

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804-370-9454

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