The Barret House | 15 S 5th St
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The Barret House 15 S 5th St
7,998 SF 100% Leased Office Building Richmond, VA 23219 $1,400,000 ($175/SF)
Investment Highlights
- Coveted Off-Street Parking.
- Convenient to Brown's Island and the James River Park System.
- Main house (6,348 SF)
- Renovated carriage house (1,188 SF) is Included.
- Convenient to Costar's Office Campus and the Planned Amphitheater Project.
Executive Summary
One South Commercial is pleased to bring the William Barret House to the market. The property sits on the prominent corner of 5th and E Cary Street in Richmond’s Monroe Ward, adjacent to the Central Business District. Built in 1844, this is one of the oldest structures in Richmond. The buildings are constructed of brick with a stucco overlay. The main building consists of 6,348 square feet over three floors. With high ceilings, beautiful winding staircases, large rooms, huge windows, and many original architectural features, the space would make perfect offices for attorneys, financial planners, family offices, architectural firms, or any creative type of use. The two-story carriage house adds another 1,650 square feet and could be used for a separate business or Airbnb, bringing in rent to the owner. This is a truly unique building that would be a great statement for any business or investor.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
7,998 SF
Building Class
B
Year Built/Renovated
1844/1986
Price
$1,400,000
Price Per SF
$175
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,666 SF
Building FAR
0.37
Lot Size
0.50 AC
Zoning
B-4
Parking
9 Spaces (1.13 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Bus Line
- Controlled Access
- Courtyard
- Fenced Lot
- Fireplace
- Security System
- Kitchen
- Central Heating
- High Ceilings
- Recessed Lighting
- Shower Facilities
- Wi-Fi
- Hardwood Floors
- Air Conditioning
- Balcony
Walk Score ®
Walker's Paradise (92)
Bike Score ®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | W000-0013-025 | Improvements Assessment | $837,000 |
| Land Assessment | $527,000 | Total Assessment | $1,364,000 |
PROPERTY TAXES
Parcel Number
W000-0013-025
Land Assessment
$527,000
Improvements Assessment
$837,000
Total Assessment
$1,364,000
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The Barret House | 15 S 5th St
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