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Corrugated Box 201 W 7th St 40,000 SF 63% Leased Office Building Richmond, VA 23224 For Sale

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INVESTMENT HIGHLIGHTS

  • 5.43 Weighted Average lease term
  • Open and flexible vacancy
  • Ideal owner occupant opportunity
  • Excellent Tenancy
  • 80 parking spaces
  • Contact agents for pricing

EXECUTIVE SUMMARY

This one of a kind adaptive reuse creative office building is a rare opportunity located in Historic Manchester. 201 W 7th Street is surrounded by thousands of new residential units
and is located in the core of Manchester’s thriving renaissance. The building offers a range of occupancy options, providing for a flexible contiguous vacancy for an owner occupant or easy demising plan for a full building lease-up.
The current tenant roster includes the YMCA headquarters, Circle S Studio and Curtis Process Consultants, all with significant term remaining – an attractive revenue stream to any potential owner user seeking to offset occupancy costs. Tenant spaces at “Corrugated Box” feature a combination of open floorplans with beautiful modern buildouts
alongside private offices and curated collaborative spaces - a contemporary yet timeless aesthetic that contrasts with the building’s unique historic structure.
Although the footprint of the historic warehouse aligns with modern office building standards, the design emphatically avoids the typical building core diagram by pushing service spaces to one edge. This allows for an open and flexible floor plan which emphasizes both the scale of the space and the connectedness of the tenants. In addition, this design creates a central circulation route which encourages interaction and organizes shared spaces such as the cafe, an informal lounge, and a large, multi-media conference room. The building also features an elevator as well as a large portico, a wide covered dock space which fronts the eastern side of the building and is further enhances the potential amenity space offered by the property.
Corrugated Box is an ideal property either for a creative owner user or an investor seeking a highly dynamic yet timeless asset in one of Richmond’s hottest rising submarkets.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
40,000 SF
Building Class
A
Year Built/Renovated
1900/2004
Percent Leased
63%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
20,000 SF
Slab To Slab
12’
Building FAR
1.12
Lot Size
0.82 AC
Opportunity Zone
Yes
Zoning
B-7
Parking
80 Spaces (2 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Professional, Scientific, and Technical Services
  • 99,999 SF
  • -
  • -
  • -

As communicators, collaborators, and consultants, they’ve partnered with growth-minded firms for over 30 years to create exceptional brand moments and authentic client experiences, all with an uncompromising commitment to quality. They believe that a focus on thoughtful strategy and key messaging is the best way to accelerate growth for their clients. It might sound simple, but that doesn’t mean it’s easy. This is where their expertise lives — in the precise craft of developing the unique, memorable moments that attract the talent that’s essential for continued growth and the clients you want to serve for the long-term.

  • Administrative and Support Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -

At Curtis&Co, they guide clients out of complex situations with solutions that are dynamic and inventive. Look at their logo and you’ll see heritage and success reflected in the sturdy “C.” Their Aspen leaf represents the members of their growing team and the root system that gives them the strength and support to build lasting client relationships. It’s these relationships that create growth for the businesses that they’re fortunate enough to work with. And with each new engagement they proudly bring clarity to their clients.

  • YMCA Headquarters
  • Retailer
  • 99,999 SF
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Professional, Scientific, and Technical Services 99,999 SF - - -
Administrative and Support Services 99,999 SF - Lorem Ipsum -
YMCA Headquarters Retailer 99,999 SF - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl-Ste Office
  • 2,000-15,000 SF
  • Office
  • Full Build-Out
  • Now

Located in the heart of Richmond’s historic Manchester neighborhood, this modern creative office space offers up to 15,000 SF of flexible, demisable space designed to inspire innovation and productivity. Seamlessly blending contemporary design with the building’s rich architectural history, the space features exposed brick, high ceilings, and expansive windows that flood the interiors with natural light. With an open and adaptable layout, this office is ideal for companies seeking a dynamic workspace in one of the city’s fastest-growing districts. Beyond its distinctive character, the property provides a highly functional and collaborative environment tailored for creative professionals, tech firms, design studios, and more. This allows for an open and flexible floor plan which emphasizes both the scale of the space and the connectedness of the tenants. In addition, this approach creates a central circulation route which encourages interaction and organizes shared spaces such as the cafe, an informal lounge, and a large, multimedia conference room. Positioned amid Manchester’s vibrant mix of businesses, residences, and retail destinations, tenants will enjoy walkable access to local amenities and a thriving professional community. This is a rare opportunity to secure a high-quality office space that offers both historic charm and modern efficiency in one of Richmond’s most exciting urban hubs.

Space Size Space Use Condition Available
2nd Fl-Ste Office 2,000-15,000 SF Office Full Build-Out Now

2nd Fl-Ste Office

Size
2,000-15,000 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste Office

Size 2,000-15,000 SF
Space Use Office
Condition Full Build-Out
Available Now

Located in the heart of Richmond’s historic Manchester neighborhood, this modern creative office space offers up to 15,000 SF of flexible, demisable space designed to inspire innovation and productivity. Seamlessly blending contemporary design with the building’s rich architectural history, the space features exposed brick, high ceilings, and expansive windows that flood the interiors with natural light. With an open and adaptable layout, this office is ideal for companies seeking a dynamic workspace in one of the city’s fastest-growing districts. Beyond its distinctive character, the property provides a highly functional and collaborative environment tailored for creative professionals, tech firms, design studios, and more. This allows for an open and flexible floor plan which emphasizes both the scale of the space and the connectedness of the tenants. In addition, this approach creates a central circulation route which encourages interaction and organizes shared spaces such as the cafe, an informal lounge, and a large, multimedia conference room. Positioned amid Manchester’s vibrant mix of businesses, residences, and retail destinations, tenants will enjoy walkable access to local amenities and a thriving professional community. This is a rare opportunity to secure a high-quality office space that offers both historic charm and modern efficiency in one of Richmond’s most exciting urban hubs.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
S000-0025-006
Land Assessment
$2,069,000
Improvements Assessment
$3,445,000
Total Assessment
$5,514,000
  • Listing ID: 35000442

  • Date on Market: 3/3/2025

  • Last Updated:

  • Address: 201 W 7th St, Richmond, VA 23224

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