Gather at City Center 309-317 E Broad St 2 989 m² 100 % Loué Bureau Vente aux enchères en ligne Richmond, VA 23219

This fully leased, high-demand asset in Richmond’s thriving Arts District represents a compelling investment opportunity. Gather at City Center is a premier, 32,178-square-foot property spanning three stories. Originally constructed in 1900 and thoughtfully renovated in 2019, the building stands as a cornerstone of the vibrant Broad Street corridor. The property features expansive windows that flood the interior with natural light and highlight its beautifully preserved historic architecture. The space is configured into four units, ranging in size from 2,000 square feet to 22,002 square feet, and is delivered 100% occupied. Gather, a major tenant, operates a dynamic coworking space that artfully blends modern design with the building’s historic character. Additional tenants include Ember Music Hall, SinnerG, and Metro by T-Mobile, further enhancing the property’s diverse income stream. This is a rare opportunity for investors to acquire a fully stabilized, cash-flowing asset in a prime location, potentially adding lasting value to any portfolio.

Richmond offers a dynamic environment for investors, seamlessly blending historic charm with modern amenities and a thriving cultural scene. As Virginia’s capital city, Richmond continues to attract businesses, residents, and visitors alike. The property’s location in the heart of the Arts District provides an exceptional setting for investment, surrounded by a vibrant mix of local and national restaurants, retailers, and entertainment venues. Virginia Commonwealth University, the State Capitol, the Richmond Convention Center, the Carpenter Theatre, and numerous other attractions are all within walking distance, contributing to strong foot traffic and long-term tenant demand.

Richmond offers a compelling backdrop for investment, with population growth and employment gains outpacing national trends. Over the past five years, the population has grown 5.0%, compared to 3.1% nationally, while employment has increased 5.6%, surpassing the US rate of 4.5%, according to the US Bureau of Labor Statistics. The market continues to attract major corporate expansions, including CoStar Group’s planned 1,000 new jobs, SanMar’s 1,000-job distribution center, and Lego’s 1,760-job manufacturing plant. In 2024, CNBC ranked Virginia as America’s No. 1 state for business for the third time in five years, underscoring the region’s strong economic fundamentals.