• Units
• Unknown Sq Ft
• 5,971 Sq Ft
• Unknown Cap Rate

Description

***AUCTION*** List price is STARTING BID only.  Price TBD thru Online Only Bidding.  Bidding closes on Wednesday, November 12, 2025, at 3:00 pm (EST).   Property Tour: Friday, October 31, 2025. at 11:00 a.m. SHARP!

"Bidding is Currently Active Online".

PUBLIC REAL ESTATE AUCTION EVENT

ONLINE ONLY BIDDING!!

"The Virginia Trust Company/Tredegar Trust Company Building"

Please bid early and often & understand the online only bidding begins to close on Wednesday, November 12, 2025 @ 3:00 pm (Eastern).

PROPERTY TOUR--Friday, October 31, 2025 @ 11:00am SHARP!! (Feel free to bring your inspector/contractor). Please contact Kelly Strauss for more information or showing information

Iconic & historic 26,638 +/- sf. building located one block from the Virginia State Capitol in the epicenter of the Central Business District
This remarkable multi story building has 3 levels above ground and 2 levels below ground. The architectural accents are unprecedented featuring marble floors, 50' vaulted ceiling, arched windows, an ornate coffered ceiling with gold accents, vivid colors, grand chandeliers and a central dome. The interior of this building must be seen to fully appreciate its grandeur and historical elegance.
Currently the building has 16 offices and 2 raised wood panel offices (one with fireplace & bathroom)
There are two commercial restrooms and a kitchenette (break room) w/dishwasher on main level.
2 large vaults with epic doors and 2 safe deposit box rooms
Both underground levels have ample storage or space that could be finished
Alley access for loading
Trane cooling and hot water boiler gas heat
12 parking spaces are available for a monthly fee and there are parking structures within walking distance
This amazing building is in the heart of the revitalization momentum, and there are office to apartment conversions nearby
Located only 1 block from the Virginia State Capitol grounds, close to restaurants, cafes, retail & entertainment in Shockoe Bottom, and only minutes to I-95, I-64 & The Downtown Expressway!!
Tax Map: W000-0010-007; Tax Assessed Value: $3,224,000; Zoning: B-4 (Central Business District--CLICK HERE for zoning info pgs. 104-112); Yearly real estate taxes: $38,688; $50,000 deposit (wired funds or certified check ONLY) is due immediately after confirmation of final bid and the balance due at closing within 30-45 days; WE GUARANTEE A FREE & CLEAR DEED
Only $1,200,000 Starting Bid!!
FOR REALTORS: if you are currently working with a Realtor and want them to represent you, please have them CLICK HERE and complete their broker participation form. In order for the Realtor to be compensated, broker forms must be completed and submitted no later than 6 am on the day of the auction (11/12/25), and all terms adhered to. NOTE: Please contact auction coordinator, Kelly Strauss to discuss.