Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Warehouses

    101 7Th St, Richmond, VA 23224

    10,652 SF 0.75 ac lot Built 1959
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 10,652 square foot, Class B commercial property situated on a 0.745-acre lot in Richmond, Virginia's thriving Old Manchester neighborhood. The property comprises two buildings: a 9,102 square foot main structure, previously housing Lewis Supply Company since 1958, featuring office, showroom, and warehouse space, and a 1,550 square foot auxiliary building. The property also includes a fenced, approximately half-acre storage yard. Built in 1959, this single-tenant property boasts 15-foot ceilings, one loading dock, and one dock-high door. Located at 101 E 7th St, Richmond, VA 23224, the property enjoys high visibility along Commerce Road, with a daily traffic count exceeding 20,000 vehicles. The B-7 zoning allows for a variety of uses. This owner-user opportunity is ideally suited for businesses seeking a blend of office and warehouse space in a rapidly developing area that has seen over $400 million in investment and the addition of 1,000 apartments since 2020. Old Manchester offers a vibrant atmosphere with numerous amenities including cafes, restaurants, breweries, and art studios, all within close proximity to the James River and its associated parks. The asking price is $2,000,000.

    Property profile
    Verified
    Property type Warehouses
    Year built 1959
    Total area 10,652 SF
    Lot 0.75 ac (32,452 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Lewis Supply Co Inc Plumbing Service Building Supply
    • authentic. Advertising Agency Marketing & Advertising
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 101 7Th St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message