For Lease
$12/SF/YR

7 16Th St Richmond, VA 23224

8,779 SF Retail, Land Development Potential

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 8,779-square-foot retail property, located at 7 E 16th St in Richmond, VA, presents a unique investment opportunity. Built in 1939 and renovated in 2004, this single-story, freestanding building boasts a classic design and excellent visibility with 132 feet of frontage on E 16th St. The property sits on a 0.586-acre lot (25,506.13 sq ft), zoned B-5 - Business (Central Business), offering significant potential for land development. The building features approximately 45 parking spaces, a significant advantage in a busy commercial district. Previously occupied by a long-term tenant, this space is now available for lease, providing a turnkey opportunity for a variety of retail uses. The property's location in Richmond's vibrant commercial submarket ensures high traffic and excellent exposure. This is a rare chance to acquire a well-maintained, established retail space with substantial expansion potential. The property's history of successful tenancy demonstrates its strong market appeal. The ample parking and convenient location make this an ideal space for businesses seeking high visibility and accessibility. This property is ready for immediate occupancy.

Highlights

  • 8,779 SF retail building at 7 E 16th St, Richmond, VA.
  • 1939 construction, renovated in 2004, single-story freestanding building.
  • 0.586-acre lot (25,506 sq ft), B-5 zoning.
  • 132' of frontage on E 16th St, offering excellent visibility.
  • 45 parking spaces.
  • Available for lease; ideal for various retail uses.

Property Details for 7 16Th St

Property type
Specialty properties, Retail properties
RSF (Rentable sq. ft)
8,779 SF
Class
B
Year Built/Renovated
1939/2004
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
8,779 SF
Rate per SF
$12

Location Insight

City
Richmond
County
Richmond City
State
Virginia
Latitude
37.518317858673
Longitude
-77.447162676565

Nearby Similar for Lease

  • For Lease
    $300/SF/YR

    Church Hill Salon/Retail Space

    Turnkey Salon; Ideal Retail/Restaurant

    2306 Leigh St
    Richmond, VA
    View Details
  • For Lease Call for price

    Downtown Richmond Office Space

    4,708 SF Office, Prime Location

    112 8Th St
    Richmond, VA
    View Details
  • For Lease
    $15/SF/YR

    Prime Manchester District Office/Warehouse

    7,800 SF Flex Space, 1-Acre Lot

    710 Perry St
    Richmond, VA
    View Details
  • For Lease
    $216/SF/YR

    Downtown Richmond Office Building

    Historic Office Space, Ample Parking

    201 Franklin St
    Richmond, VA
    View Details
  • For Lease Call for price

    Richmond Executive Office Space

    Prime Richmond location, 2,261 sq ft.

    2943 Marshall St
    Richmond, VA
    View Details
  • For Lease Call for price

    Arthur Ashe Blvd Retail Space

    Prime Richmond Retail, Multiple Spaces Available

    1201 Arthur Ashe Blvd
    Richmond, VA
    View Details

FAQs

What type of property is this?
Specialty property - 8,779 SF Retail, Land Development Potential
Where is the specialty property located?
The property is located at 7 16Th St Richmond, VA.
What is the lease rate?
The lease rate is $12/SF/YR.
What are key features of this property?
This property features: 8,779 SF retail building at 7 E 16th St, Richmond, VA.; 1939 construction, renovated in 2004, single-story freestanding building.; 0.586-acre lot (25,506 sq ft), B-5 zoning.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].

Contacts

Alan Waserstein
Alan Waserstein
Visit Broker Website

Learn more

Useful Information

Request information

16Th St
Richmond, VA 23224

Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.

16Th St
Richmond, VA 23224

Message sent successfully
Error

Email this Information

Link copied to clipboard
Message sent successfully
Error

Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

7 16Th St
  • Alan Waserstein
    Alan Waserstein
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message

Sign Up

Already
a member?
By creating an account, you agree to
the Terms of service and acknowledge Privacy policy.

Just one more step, let’s verify your email

We have sent a verification link to

Please check your inbox to complete the process. Just click on the link in that email to complete your Sign up. If you don’t see it, you may need to check your spam folder.

Email verification link expired

It seems that the verification link has expired. No worries! We can send you a new link to

Log In

Don't have
an account?
Forgot password?

Reset your password

New to
Paperhouses?

Enter the email address associated with your account and we'll send you a link to reset your password.

Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
New to Paperhouses?

Check your email

We've resent password reset instructions to if it is an email on file.

Please check again. If you still haven't received an email, try a different email.

Check your email

Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password. If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.