# 307 E Broad Street, Richmond, VA 23219

> **TL;DR:** commercial, $725,000, built 1940. Est. $3,877/mo. Listed 518 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $725,000 |
| Year Built | 1940 |
| Lot Size | 3,615 sqft (0.08 acres) |
| Stories | 3 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 518 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,666 |
| Estimated Insurance | $211 |
| **Total** | **$3,877** |

## Property Highlights

- Built in 1940
- 0.08 acre lot
- 3 stories

## Description

### Agent Description
Prime Redevelopment Opportunity in Downtown Richmond Located in the heart of Richmond's vibrant Arts and Cultural District, 307 East Broad Street offers a rare opportunity to redevelop a historic three-story retail building in the City's B-4 Central Business District. This 6,630-square-foot structure sits on a 0.083-acre parcel and is ready for transformation-ideal for a mix of retail, office, and residential uses. Originally built in 1940, the building is offering creative flexibility for developers or owner-users. Although currently in shell condition, the property is a blank canvas for high-impact adaptive reuse or modern mixed-use redevelopment. Zoned B-4, this property allows for unlimited building height, a minimum three-story requirement, and encourages dense, transit-oriented development. Ground-floor commercial use is required on major corridors like Broad Street, aligning perfectly with retail, dining, gallery, or boutique concepts-while upper floors can support residential or office uses. Located within both a Richmond Enterprise Zone and a CARE Program District, this property may qualify for city incentives. RVA Facade improvement program: This is a strategic location within walking distance to VCU, the Convention Center, Jackson Ward, and Bus Rapid Transit (Pulse) stations-ideal for businesses and residents alike seeking access, culture, and visibility in one of Richmond's most dynamic corridors.

## Location

- **Address:** 307 E Broad Street, Richmond, VA 23219
- **County:** Richmond City

## Listing Agent

- **Name:** Sean Yoon · **License:** 0225237610
- **Brokerage:** Joyner Fine Properties
- **Phone:** 8043554000
- **Broker Phone:** (804) 270-9440

## Photos

![307 E Broad Street - Photo 1](http://lh.rdcpix.com/95927ed3528b97ddb32bafcc80d085a1l-f2208555108r.jpg)

![307 E Broad Street - Photo 2](http://lh.rdcpix.com/95927ed3528b97ddb32bafcc80d085a1l-f395264560r.jpg)

![307 E Broad Street - Photo 3](http://lh.rdcpix.com/95927ed3528b97ddb32bafcc80d085a1l-f2076553642r.jpg)

![307 E Broad Street - Photo 4](http://lh.rdcpix.com/95927ed3528b97ddb32bafcc80d085a1l-f2639158760r.jpg)

![307 E Broad Street - Photo 5](http://lh.rdcpix.com/95927ed3528b97ddb32bafcc80d085a1l-f2029525219r.jpg)

---

**MLS#:** 2512094 | **Updated:** 2026-09-25
**Source:** listhub

*Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/307-e-broad-street-richmond-va-23219-2512094)

---

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