3117 W Clay Street, Richmond, VA 23230
Richmond City County
Key Facts
Description
FULLY LEASED CRATIVE OFFICE IN SCOTT'S ADDITION! Take advantage of this incredible opportunity to buy a cash flowing asset at an attractive cap rate in the heart of Scotts Addition. Current ownership renovated the property in 2020 and has been fully occupied with a stable tenant base ever since. All leases are NNN protecting the new owner from increased cost or tax assessments. Rents are arguably below market for this location with excellent parking. Opportunities like this don’t come around often.
Property Information
Property Type
Commercial Sale
Year Built
1969
Stories
2
Living Area
14,039 sq ft
Ownership
Investment
Days on Market
71
MLS® Listing#
2611964
Property Features
Cooling
Lot Features
Construction
Roof
Sewer
Water Source
Financial Details
Parcel Number
N000-1712-003
Affordability Calculator
$1,040,000
Estimated monthly payment
$27,677/mo
Principal $4,160,000 · Est. interest $5,803,570 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Richmond, VA
- $412,500
- Median Listing Price
- 43
- Median Days on Market
- 1,649
- Median Sq Ft
- $247
- Median Price / Sq Ft
- 492
- Active Listings
- This home’s price is 1161% above the area median.
- Its price per sq ft is 50% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Richmond, VA.
Location
Points of Interest in Richmond, VA
Showing the Richmond area map.
Nearby Schools
Charterhouse School
Elementary · 0.5 mi away
Robert E Lee Elementary School
Elementary · 0.6 mi away
Albert Hill Middle School
Secondary · 0.6 mi away
Cristo Rey Richmond High School
Secondary · 0.6 mi away
Benedictine High School
Secondary · 0.7 mi away
Saint Benedict Catholic School
Secondary · 0.8 mi away
Rta - Richmond Hebrew Day School
Elementary · 0.8 mi away
Thomas Jefferson High School
Secondary · 0.8 mi away
Richmond Prep
Elementary · 0.8 mi away
William Fox Elementary School
Elementary · 0.9 mi away
Coderva Regional High School
Secondary · 1.0 mi away
MS. Babs' Nursery School
School · 1.0 mi away
Seven Hills School
School · 1.1 mi away
Orchard House Middle School
Elementary · 1.1 mi away
Luther Memorial School
School · 1.1 mi away
Richmond Waldorf School
Secondary · 1.1 mi away
Governor's School Gsa Conference
School · 1.2 mi away
Maggie L. Walker Governor's School
Secondary · 1.2 mi away
United Methodist Church
School · 1.4 mi away
Binford Middle School
Secondary · 1.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 10430 Cherokee Road, Richmond, VA | $3,750,000 | 6 | 6 | 5,774 |
| 2283 Dabney Road, Richmond, VA | $5,000,000 | — | — | — |
| 3405 Commerce Road, Richmond, VA | $5,100,000 | — | — | 42,628 |
| 2201 E Main Street, Richmond, VA | $5,100,000 | — | — | 20,340 |
| 220 Vinita Circle, Richmond, VA | $5,900,000 | 3 | 3 | 2,804 |
Moving Cost Estimate
EXIT Agents in Richmond
Listing Courtesy: One South Commercial LLC - 8042668831
Presented by: Thomas Rosman
Last Updated: 2026-04-22