GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
$ 2,376,000
$ 2,800,000 15.1%
Est. payment | /mo
23,187 SqFt
$ 2,376,000
$ 2,800,000 15.1%
Est. payment | /mo
23,187 SqFt
Key Details
Sold Price $2,376,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 23,187 sqft
Price per Sqft $102
MLS Listing ID 2526872
Sold Date 05/08/26
Construction Status Actual
HOA Y/N No
Year Built 1923
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 118'X97'
Property Description
REDEVELOPMENT OPPORTUNITY in downtown Richmond. Since it was built in 1923 for the Imperial Tobacco Co., this three-story, 23,187 SF office building has been a distinguished landmark of the cityscape. Clad in limestone with grand Neoclassic entrances, the Imperial Building anchors a prominent corner across from the stately Hotel John Marshall and is blocks from the State Capitol and the Riverfront. Winner of a Golden Hammer Award for its 2002 renovation, the building is home to the legendary Richmond Free Press and various businesses but is ready to be reimagined as a residential or mixed-use property. Historic Tax Credit and Enterprise Zone incentives are available. Each floor is approximately 7,729 SF with high ceilings, large windows and abundant natural light. The main level has a lobby extending front to rear with parking below. The second floor has impressive wood-paneled executive offices with fireplaces, a board room, conference rooms, offices and break room. The third floor has spacious suites and storage. Rich in history, the Imperial Building helps tell the story of the global tobacco trade during the Gilded Age and advocacy for Civil Rights in the former Confederate Capital.
Location
State VA
County Richmond City
Area 10 - Richmond
Interior
Heating Heat Pump
Cooling Central Air
Exterior
Exterior Feature Other
Fence None
Roof Type Built-Up,Rubber
Topography Level
Handicap Access Accessibility Features
Building
Lot Description Level
Story 3
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Construction Status Actual
Others
Tax ID W000-0024-010
Ownership Owner-User
Financing Conventional
Listed by Long & Foster REALTORS
Bought with Long & Foster REALTORS
Bought with Long & Foster REALTORS
Nearby Locations