101 E 7th Street Richmond, VA $ 2,100,000
101 E 7th Street
$ 2,100,000
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101 E 7th Street

Richmond, VA, 23224
$ 2,100,000
Baths0.0 Sq 10,652

Monthly Estimate*

$ 14,669

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Studio

Commercial Property for sale in Richmond, VA

for $2,100,000. This 10,652 square foot building was built in 1959 on a lot size of 0.745.

***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.

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Commercial Active

Price

$ 2,100,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial Sale

Lot Size

0.745

Year Built

1959

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2408729

Features
General
Possession CloseOfEscrow
Year Built 1959
Percent Ownership Owner-User
County Richmond City
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Possible Use MixedUse Office Retail Warehouse
Garage Y/N N
Status Active
Directions At the corner of Decatur and E 7th Streets
View Y/N N
Senior Community Y/N N
Zoning Description M-7
MLS Area 10 - Richmond
Waterfront Y/N N
Carport Y/N N
Street Name 7th
Property Attached Y/N N
Year Built Details Approximate
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 92
Standard Status Active
Tax Assessed Value 0
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Exterior
Fencing Other
Total Parking 10.0
Lot Size Area 0.745
Spa N
Building Area Total 10652.0
Lot Size Acres 0.745
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Full Baths 0
Half Baths 0
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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* Excluded Features
List By
Kenneth Hurst

Listing Agent

Ken Hurst Real Estate

Broker

ken@thehurstteam.com

Email

Affordability Calculator

$14,669
Per Month
100%
0%
0%
Monthly Principal & Interest
$14,669
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1821039 Elementary School
1821205 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2024$2,100,000 Listed Price

Map


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101 E 7th Street, Richmond, VA, 23224 is a Commercial Property for sale at $2,100,000 with 10,652 sqft and a lot size of 0.745. 101 E 7th Street is a studio with 0.0 baths and was built in 1959. The property's zip code is 23224 which is in Richmond, VA