REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 6,250,000
Est. payment /mo
New
201 W 7th ST Richmond, VA 23224
40,000 SqFt
UPDATED:
03/03/2025 08:53 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 40,000 sqft
Price per Sqft $156
MLS Listing ID 2505222
HOA Y/N No
Year Built 1900
Property Description
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.
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.
Location
State VA
County Richmond City
Area 60 - Richmond
Interior
Cooling Central Air
Exterior
Roof Type Flat
Topography Level
Handicap Access Accessibility Features
Building
Lot Description Level
Building Description Brick, Elevator(s),Multi-Tenant
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick
Others
Tax ID S000-0025-006
Ownership Investment,Owner-User
Listed by One South Commercial LLC