321 W 7th St | Richmond, VA 23224
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321 W 7th St
Richmond, VA 23224
Legend Brewing-Call for Offers Aug. 30th · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Multi-family or hotel redevelopment opportunity that's equally attractive to a developer or 1031 Exchange buyer within the Tax Opportunity Zoning
- Access to four public streets and all utilities on site.
- Zoned B-7 for 220 apartments by-right!
- Seamless access to downtown Richmond via the Manchester Bridge, one block west of the site.
- The existing restaurant is ready for an occupant; the Legend Beer brand can be purchased separately if the buyer would like to be in the beer business
- Easy access to the Financial District, the State Capitol Building, the VCU Medical Center, VCU Main Campus, and CoStar.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
20,000 SF
Building Class
C
Year Built
1923
Tenancy
Single
Building Height
2 Stories
Building FAR
0.35
Lot Size
1.30 AC
Zoning
B-7
Parking
30 Spaces (1.5 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | S000-0015-001 | Improvements Assessment | $617,000 |
| Land Assessment | $3,383,000 | Total Assessment | $4,000,000 |
PROPERTY TAXES
Parcel Number
S000-0015-001
Land Assessment
$3,383,000
Improvements Assessment
$617,000
Total Assessment
$4,000,000
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