Cigar Realm Opened New Scott’s Addition Store
The cigar retailer launched its third location in Richmond in July 2026 after taking over a vacant space.
Updated on Sept. 22, 2026 in Openings & Closings
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Scott Faison opened a third Cigar Realm store at 2906 W. Clay St. in the Scott’s Addition neighborhood in late July 2026. The new shop occupies the space formerly held by RVA Tobacco Lounge.
Why it matters
The opening marks an expansion for Faison, who operates existing storefronts in Henrico County and Hanover County. He decided to secure the Richmond site after being approached by the previous business owners.
The new 1,200-square-foot store offers approximately 400 unique cigar options for local customers. Faison invested between $65,000 and $70,000 to renovate the facility with new furniture and humidification systems.
The players
Scott Faison
He is the business owner and operator of three Cigar Realm locations throughout the Richmond region.
RVA Tobacco Lounge
This was the previous commercial tenant that operated at the 2906 W. Clay St. location before closing in late 2025.
The details
Faison acquired the Richmond storefront after the previous tenant, RVA Tobacco Lounge, closed operations in late 2025. The new location currently operates six days a week to serve the Scott’s Addition community.
Timeline
RVA Tobacco Lounge ceased operations in late 2025.
Cigar Realm officially opened the Clay Street store in late July 2026.
Market Landscape
The store opening follows a pattern set by the broader commercial revitalization of the Scott's Addition neighborhood. This expansion allows Faison to increase his regional footprint while filling a retail vacancy left by a previous competitor.
Local cigar enthusiasts gain access to a new retail option featuring 400 unique selections in the Scott's Addition area. The shop maintains a six-day operational schedule to accommodate customer demand following the closure of the previous lounge.
The takeaway
Retailers looking to scale often leverage existing infrastructure to reduce initial startup costs and mitigate renovation risks. Entrepreneurs frequently consider family succession plans when evaluating the feasibility of future site acquisitions.
Further reading
Learn more about new commercial developments in the area on our Openings & Closings page.
Source note: This article includes information reported by Richmond BizSense.
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