706 Decatur StRichmond, VA 23224
- Industrial properties
- 9,102 SF
Property Details for 706 Decatur St
- Year built
- 1959
- Construction
- STONE
- Lot size
- 0.40 AC
- Property size (Sq ft)
- 9,102 SF
- Zone code
- B-7 CENTRAL BUSINESS
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- S-000-0111-005
- APU
- S0000111005
Description
This exceptional Richmond, Virginia property presents a unique investment opportunity. The assemblage comprises a substantial 10,652 square foot warehouse, ideally suited for a variety of industrial or office uses. The main building offers 9,102 square feet of versatile space, encompassing warehouse, showroom, and office areas, providing ample room for operations and potential expansion. An additional 1,550 square foot auxiliary building offers further flexibility and storage capacity. The property sits on a sizable 0.745-acre lot, including a fenced storage yard, providing ample outdoor space for equipment, materials, or additional parking. Constructed in 1959, the buildings are situated at 706, 710, 712, and 714 Decatur Street, Richmond, VA 23224, within the B-7 zoning district. This zoning designation allows for a wide range of commercial and industrial uses, making this property highly adaptable to various business needs. The combination of substantial indoor and outdoor space, along with its favorable zoning, makes this an attractive proposition for businesses seeking a well-located and versatile property in the vibrant Richmond market. The property's location offers easy access to major transportation routes and amenities, enhancing its overall appeal and potential for growth.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,932,946
- Hospitality
- $1,770,568
- Educational
- $1,473,092
- Medical
- $1,523,754
- Retail
- $2,291,476
Location Insight
- City
- Richmond
- County
- Richmond City
- State
- Virginia
- Latitude
- 37.5222
- Longitude
- -77.4392
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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