101 7Th StRichmond, VA 23224

Property Details for 101 7Th St

Year built

1959

Lot size

0.75 AC

Property size (Sq ft)

10,652 SF

Property type

Warehouses

Property subtype

Office properties

Description

This exceptional investment opportunity presents a 10,652 square foot, Class B commercial property situated on a 0.745-acre lot in Richmond, Virginia's thriving Old Manchester neighborhood. The property comprises two buildings: a 9,102 square foot main structure, previously housing Lewis Supply Company since 1958, featuring office, showroom, and warehouse space, and a 1,550 square foot auxiliary building. The property also includes a fenced, approximately half-acre storage yard. Built in 1959, this single-tenant property boasts 15-foot ceilings, one loading dock, and one dock-high door. Located at 101 E 7th St, Richmond, VA 23224, the property enjoys high visibility along Commerce Road, with a daily traffic count exceeding 20,000 vehicles. The B-7 zoning allows for a variety of uses. This owner-user opportunity is ideally suited for businesses seeking a blend of office and warehouse space in a rapidly developing area that has seen over $400 million in investment and the addition of 1,000 apartments since 2020. Old Manchester offers a vibrant atmosphere with numerous amenities including cafes, restaurants, breweries, and art studios, all within close proximity to the James River and its associated parks. The asking price is $2,000,000.

Location Insight

City

Richmond

County

Richmond

State

Virginia

Latitude

37.5225

Longitude

-77.4395

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