$ 1,950,000
101 E 7th ST Richmond, VA 23224
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$ 1,950,000
Est. payment /mo
Price Dropped by $150K
101 E 7th ST Richmond, VA 23224
10,652 SqFt
UPDATED:
10/23/2024 01:00 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,652 sqft
Price per Sqft $183
MLS Listing ID 2408729
Construction Status Approximate
HOA Y/N No
Year Built 1959
Lot Size 0.745 Acres
Acres 0.745
Property Description
***DESIGNATED OPPORTUNITY ZONE*** An assemblage of properties at 706, 710 – 714 Decatur Street, in the City of Richmond, located 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 $400 million and over 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 building which has been home to the Lewis Supply Company since 1958 and an approximately one-half acre fenced storage yard.
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 building which has been home to the Lewis Supply Company since 1958 and an approximately one-half acre fenced storage yard.
Location
State VA
County Richmond City
Area 10 - Richmond
Direction At the corner of Decatur and E 7th Streets
Exterior
Fence Other
Total Parking Spaces 10
Building
Construction Status Approximate
Others
Tax ID S000-0111-002, 003, 004 & 005
Ownership ,Owner-User
Listed by Ken Hurst Real Estate