There is no other property in the Richmond region with such a premier location as this. Located above the roaring rapids of the James River and across from the impressive lights of the downtown Richmond skyline, this one acre site has something to offer urbanists and naturalists alike.
The existing zoning allows for heights up to 13-stories with a wide range of development possibilities including a 250+ unit multi-family mixed use opportunity, a hotel, or an office building. The 7West townhouses developed adjacent to the site have sold for $1M+ and have proven the strength of the ownership market in Manchester, particularly with such great proximity to the Central Business District, the James River Park system and restaurants and breweries next door. The site is well laid out for 15 townhouses fronting the skyline and two 30-unit (60 units total) condo buildings with views of the river and Manchester. With this premier location and the inherent site condition, the development possibilities are unconstrained!
| Price: | $5,500,000 |
| Address: | 401-421 West 7th Street |
| City: | Richmond |
| State: | Virginia |
| Zip Code: | 23224 |
| MLS: | 14806432 |
| Square Feet: | 425,000 |
| Acres: | 1 |
| Lot Square Feet: | 1 acres |
