101 W Commerce RD Active

Richmond,VA 23224

$ 5800000

- Bed

0 Bath

40959 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 40,959 sqft

Price per Sqft $141

MLS Listing ID 2218954

HOA Y/N No

Year Built 1920

Lot Size 0.460 Acres

Acres 0.46

Property Description

Originally constructed in 1920, this 3 story former warehouse property was redeveloped as creative office by one of the building’s founding office tenants, CRT/Tanaka, a local public relations firm since acquired by international public relations and marketing firm, Padilla. With approximately 40,000 SF of renovated creative office spanning across 3 floors, the building’s flexible layout, preservation of original historic warehouse features, and unique modern improvements offer a highly functional and dynamic blend of collaborative, meeting, and private workspaces.

The property’s large 13,000 SF floor plates are conveniently traversed by both elevator and stairwell access, easily accommodating the building’s two long term stable tenants which include both local developer and property management firm, Genesis Properties, as well as Padilla. Padilla’s occupancy spans across the 1st and 3rd floors, loosely integrated via a large dramatic 3rd floor atrium which opens to the 1st floor. Genesis Properties occupies the building’s 2nd floor, a space seamlessly demised around the building’s atrium opening.

Location

State VA

County Richmond City

Area 60 - Richmond

Interior

Heating Forced Air

Exterior

Roof Type Built-Up,Metal

Topography Level

Handicap Access Accessibility Features

Building

Lot Description Level

Building Description Brick, Elevator(s),Multi-Tenant

Story 3

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Brick

Others

Tax ID S000-0039-011

Ownership ,Investment

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