7 16Th St Richmond, VA 23224
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8,779 SF Retail, Land Development Potential
Lot size:
8,779 SFProperty Features for 7 16Th St
General Information
- Property type
- Specialty properties
- Lease Type
- Gross Lease
- RSF (Rentable sq. ft)
- 8,779 SF
- Class
- B
- Total Rate
- 7315.83
Building Details
- Year Built/Renovated
- 1939/2004
- Buildings
- 1
- Stories
- 1
Spaces For Lease
at 7 16Th St, Richmond, VA 23224 Contact us- Unit
- Size
- 8,779 SF
$12 /Mo
Listing Agency: realty hub Listing Agent: Alan Waserstein
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 8,779-square-foot retail property, located at 7 E 16th St in Richmond, VA, presents a unique investment opportunity. Built in 1939 and renovated in 2004, this single-story, freestanding building boasts a classic design and excellent visibility with 132 feet of frontage on E 16th St. The property sits on a 0.586-acre lot (25,506.13 sq ft), zoned B-5 - Business (Central Business), offering significant potential for land development. The building features approximately 45 parking spaces, a significant advantage in a busy commercial district. Previously occupied by a long-term tenant, this space is now available for lease, providing a turnkey opportunity for a variety of retail uses. The property's location in Richmond's vibrant commercial submarket ensures high traffic and excellent exposure. This is a rare chance to acquire a well-maintained, established retail space with substantial expansion potential. The property's history of successful tenancy demonstrates its strong market appeal. The ample parking and convenient location make this an ideal space for businesses seeking high visibility and accessibility. This property is ready for immediate occupancy.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Family Dollar
Discount Store
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Richmond City
- State
- Virginia
- Longitude
- -77.447162676565
- Latitude
- 37.518317858673
Nearby Similar for Lease
FAQs
What type of property is this?
Specialty property - 8,779 SF Retail, Land Development Potential
Where is this specialty property located?
The property is located at 7 16Th St Richmond, VA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 8,779 SF retail building at 7 E 16th St, Richmond, VA.; 1939 construction, renovated in 2004, single-story freestanding building.; 0.586-acre lot (25,506 sq ft), B-5 zoning.
