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7 N 18th St Richmond, VA 23223

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For Sale
$795,000

Redevelopment opportunity in historic Shockoe Bottom neighborhood.

Type:Commercial
Added:
Apr 24, 2026
Days on Market:
4
Last Refresh:
Apr 24 at 5:47 pm

Property Features for 7 N 18th St

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1974

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Listing Contact
Christopher Corrada

Listing agent Christopher Corrada

Listing office

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Christopher Corrada


Overview

Historic Shockoe Bottom Redevelopment Opportunity

Located on North 18th Street in historic Shockoe Bottom, this property presents a redevelopment opportunity. The building, currently in shell condition, offers a blank canvas for investors and developers. It features three entrances along North 18th Street, providing frontage and design flexibility. The B-5 zoning supports development up to five stories, with multifamily use permitted by right. A Special Use Permit, approved in 2025, allows for the construction of a 17-space parking garage within the building, accessed from the alley off 18th Street. This approval can be integrated into a larger multi-story residential or mixed-use development or executed as a standalone, income-producing parking facility. The property is also suited for retail or other commercial redevelopment. The location has a bike score of 88, indicating it is very bikeable, a walk score of 81, indicating it is very walkable, and a transit score of 58, indicating good transit.
Location Intelligence

Current Use by Public Records

7 S 18th ... Parking Lot & Garage

Suggested Use

Real Estate Agency Spa & Massage Center Restaurant Hair Salon Nail Salon Dental Office Building Supply Gym & Fitness Center Daycare Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Richmond
County
Richmond City
State
Virginia
Longitude
-77.4268635
Latitude
37.5329773

FAQs

What type of property is this?
Mixed-use property - Redevelopment opportunity in historic Shockoe Bottom neighborhood.
Where is this mixed-use property located?
The property is located at 7 N 18th St Richmond, VA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Approved Special Use Permit for a 17‑space parking garage, a unique and valuable entitlement.; B‑5 zoning allows for development up to five stories with multifamily permitted by right.; Located in the dynamic Shockoe Bottom neighborhood.
More about this property
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