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Apartment Project with Ground-Floor Retail

15 W 7th St Richmond, VA 23224

15 W 7th St, Richmond, VA, 23224
Contact for pricing
For Sale
Contact for pricing
Pending

Entitled 173-unit apartment project with 3,500 sf ground-floor retail and two-story below-grade parking.

Days on Market101

Property Features for 15 W 7th St

General Information

Standard status
Pending
Property subtype
Multifamily
Listing agency Colliers - San Francisco, California
Listed by Jeremy Thornton · License #CA 01724542
Source Crexi
Added: Apr 12 Updated: Jul 21 at 1:40AM Checked: Jul 21 at 8:15AM

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 Colliers - San Francisco, California


Investment Insights

Based on property information with market context.

The development is an entitled 173-unit apartment project with 3,500 square feet of ground-floor retail. The planned structure includes 2-story below-grade parking, with vertical construction expected to commence in December 2021 and projected delivery of the first units in February 2023. The site is scheduled for land acquisition to close in September 2021, followed by site work shortly thereafter.

Located at 15 W 7th St in Richmond, Virginia’s Manchester neighborhood, the project is described as being in close proximity to the downtown core. The site is within a Qualified Opportunity Zone. According to the project materials, the total development cost is $41,613,000, including the retail component.

Key Highlights

  • Fully entitled for a 173‑unit apartment project with 3,500 SF of ground‑floor retail in Richmond, VA (Manchester neighborhood).
  • Includes two‑story below‑grade parking as part of the development plan.
  • Land acquisition scheduled to close in September 2021, with site work to begin shortly after closing.

Property Analytics

Location Intelligence

Current Use by Public Records

Commodore - Contemporary Urban ... Real Estate Agency

Suggested Use

Dental Office Kitchen & Bath Showroom Veterinary Clinic Storage Facility Building Supply Locksmith Pet Store Home Appliance Store Plumbing Service (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Apartment building - Entitled 173-unit apartment project with 3,500 sf ground-floor retail and two-story below-grade parking.
Where is this apartment building located?
The property is located at 15 W 7th St Richmond, VA.
What are key features of this property?
This property features: Fully entitled for a 173‑unit apartment project with 3,500 SF of ground‑floor retail in Richmond, VA (Manchester neighborhood).; Includes two‑story below‑grade parking as part of the development plan.; Land acquisition scheduled to close in September 2021, with site work to begin shortly after closing.
Contact an agent
(310) 200-7676 Call to check price and availability
More about this property
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