PhilRussell
MLS#2524705
STATUSPending
PROPERTY TYPECommercial - Business
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.
Property Features
Property Type: Commercial - Business
Heating: Zoned
Lot Size: 0.75 Acres
Roof Type: Rubber
Stories: 1.0
Year Built: 1959
Feature Descriptions
Building Features: No Elevators, Single-Tenant
Days on Site: 180
Exterior: Brick, Block
Fencing: Other
Lot: Level
Parcel#: S000-0111-005, 004, 003, 002
Sewer: Public Sewer
Topography: Level
Water: Public
Listed By / Shown By
Listed By
Agency Name: Ken Hurst Real Estate
Shown By
Agent Name: Phil Russell
Agent Phone: Cell: (804) 495-9914
Agency Title: Joyner Fine Properties
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101 E 7th Street | MLS# 2524705
This commercial property located at 101 E 7th Street, Richmond, VA 23224 is currently listed for sale with an asking price of $1,500,000. Search Richmond real estate on www.philrussellrealtor.com today.