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$ 1,900,000
Est. payment /mo
New
101 E 7th ST Richmond, VA 23224
10,652 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,652 sqft
Price per Sqft $178
MLS Listing ID 2524705
Construction Status Approximate
HOA Y/N No
Year Built 1959
Lot Size 0.750 Acres
Acres 0.75
Property Description
This Opportunity Zone property on the corner of Decatur and E. 7th Streets is in historic Old Manchester, just south of Richmond's downtown financial district. Richmond's fastest growing neighborhood, Old Manchester, is the leading area for development in the Richmond region. Since 2020 Manchester has seen the most investment of any neighborhood with investment of over $450 million and 1,000+ apartments. A revitalized submarket featuring many amenities including cafes, restaurants, breweries and art and music studios, Manchester benefits from its location along the James River and proximity to parks and amenities along the riverfront. The property offers great visibility along Commerce Road with a traffic count of 20,000 VPD. The offering includes the main 9,102 square foot Flex/Office/Warehouse building and detached ~1550 square foot storage building which has been home to the Lewis Supply Company since 1958. The assemblage is comprised of 4 lots (706, 710-714 Decatur Street) totaling approximately 3/4 acre.
Location
State VA
County Richmond City
Area 10 - Richmond
Interior
Heating Zoned
Exterior
Fence Other
Roof Type Rubber
Topography Level
Total Parking Spaces 16
Building
Lot Description Level
Building Description Brick,Block, No Elevators,Single-Tenant
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick,Block
Construction Status Approximate
Others
Tax ID S000-0111-005, 004, 003, 002
Ownership Owner-User
Listed by Ken Hurst Real Estate