1801 E Cary Street, Richmond, VA 23223

Property Description

This rare offering represents a unique opportunity to acquire a “turn-key” move-in ready creative office for an owner occupant buyer seeking a new headquarters which provides both scale and flexibility. 1801 E Cary is a classic example of some of Richmond’s finest adaptive reuse projects located along Richmond’s historic Tobacco Row in the Shockoe Bottom neighborhood. A 3 story brick historic warehouse building, built in 1914, 1801 possesses many of its original architectural features including original post and beam accents, original exposed high ceilings, exposed brick walls, all enclosing a simple 5,000 SF floor plate. The property layout currently features two (2) distinct creative office occupancies across a total of 15,000 SF on a full basement. Each floor is accessible via 2 stairwells at either end of the ground floor space recently secured a 7 year lease with a highly reputable local nonprofit, providing an incoming owner occupant or investor a stable income stream to offset both initial acquisition and long term occupancy costs; the property is an ideal investment vehicle for any owner occupant company seeking growth, agency, and a stable return on their real estate strategy. The 2nd and 3rd floors, seamlessly connected to one another via a third open central staircase, offer an immediate exclusive occupancy of approximately 10,000 SF, featuring modern light-filled layout that features a dynamic hybrid of collaborative and open workspaces. Additionally, the property includes approximately 42 off street parking spaces, an incredibly rare amenity in Richmond’s Shockoe Slip and Shockoe Bottom neighborhoods. The building’s stature and visibility also provide an excellent signage opportunity right across from 1717 Innovation Center. 1801 E Cary is truly a premier location that offers both historic character and a distinctive modern aesthetic in one of Richmond’s most historic neighborhoods.