7 E 16th St
Richmond, VA 23224
Family Dollar · Retail Property For Lease · 8,395 SF

Located in the heart of Manchester, one of Richmond’s fastest-growing urban districts, 7 E. 16th Street offers a rare freestanding commercial opportunity with direct access to Hull Street’s redevelopment corridor. This 8,395-square-foot building is ideal for tenants seeking visibility, flexibility, and proximity to a vibrant mix of residential and retail developments. With 10 dedicated parking spaces and adjacency to major traffic arteries including Cowardin Avenue (28,000 VPD) and Hull Street Road (47,000 VPD), the site supports a wide range of uses from creative office to showroom or service retail. The surrounding area is home to over 262,000 residents within a 5-mile radius, with an average household income exceeding $90,000. Daytime population density and proximity to multifamily developments such as The Current, South Falls Towers, and City View Lofts make this location highly attractive for businesses targeting both residential and commuter traffic. The property’s standalone configuration allows for branding and signage opportunities, while its location within a redevelopment zone enhances long-term value.