1901 Westwood Ave - Warehouse FOR SALE


Richmond, VA 23227- The Diamond
$5,500,000 USD
804-266-8831
1901 Westwood Ave, Richmond, VA for Sale
$5,500,000 USD
Warehouse - FOR SALE
1/63
null | Request Cap Rate

1901 Westwood Ave
Richmond, VA 23227
The Diamond


HIGHLIGHTS

  • Scott's Addition 2.0 area
  • Multi-family, mixed-use or industrial
  • OZ & EZ incentives
  • 13,500 SF office
  • 44,500 SF warehouse
  • Contact agents for pricing

OVERVIEW

Rare opportunity to purchase a large 2.7 acre parcel in the hot Westwood submarket. Immediate access to I-64, I-95 and I-195. The B-7 zoning is extremely flexible and allows for a wide spectrum of uses and redevelopment options. A business owner could occupy and lease any warehouse that they don’t need. It also has major potential as a redevelopment for multifamily, mixed-use, commercial or industrial. Opportunity Zone and Enterprise Zone incentives make any redevelopment, renovation or adaptive reuse of the property extremely attractive.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1901 Westwood Avenue

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, undefined, Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

3

DRIVE INS

5

PARKING SPACES

51

LAND DETAILS

LAND ACRES

2.7

LAND SF

117,612

ZONING

B7

APN/PARCEL ID

N000-1875-021

ASK ABOUT THIS PROPERTY

Chris CorradaOne South CommercialMore Info
804-266-8831

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Chris CorradaOne South CommercialMore Info
804-266-8831

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.