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7-9 Cowardin Avenue

Richmond, VA 23224
  • $795,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 2417925
UPDATED: 142 min ago
$795,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1975
County:

School Ratings & Info

Description

Discover the prime investment opportunity at the heart of Richmond's vibrant Manchester neighborhood. This expansive 1/3 acre corner lot, strategically situated on busy Cowardin Avenue, is perfectly positioned to capitalize on the city's rapid growth and development. Zoned B-3, this parcel offers unparalleled flexibility for a variety of commercial ventures, from retail establishments to mixed-use developments. Its prominent location ensures maximum visibility and high traffic, providing an ideal foundation for a thriving business. Manchester is experiencing a renaissance, with significant projects recently completed and in the pipeline. Notable developments include the South Falls Tower, a modern apartment complex that has added over 200 residential units, and the mixed-use City View Marketplace, which blends retail spaces with upscale apartments. Planned projects, such as the extensive redevelopment of the old Southern States silos into high-end lofts and the new Commerce Road Corridor, are set to further elevate the area's appeal. This parcel's inclusion in both an Opportunity Zone and an Enterprise Zone adds significant tax incentives and economic benefits, making it an even more attractive investment. By securing this prime corner lot, you'll be at the forefront of Richmond's dynamic evolution, poised to shape the future of Manchester while securing a lucrative return on your investment.

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Central Virginia Regional MLS logo All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-07-25T08:58:06.647.
www.kevincurriegroup.com/homes/152467734
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7-9 Cowardin Avenue Richmond, VA 23224

  • Price: $795,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 142 min ago
  • MLS #: 2417925
0
Beds
0
Baths
0
½ Baths
0.33
Acres
1975
Built
Neighborhood:
60 - Richmond
County:
Richmond City
Area:
60 - Richmond
Property Description
Discover the prime investment opportunity at the heart of Richmond's vibrant Manchester neighborhood. This expansive 1/3 acre corner lot, strategically situated on busy Cowardin Avenue, is perfectly positioned to capitalize on the city's rapid growth and development. Zoned B-3, this parcel offers unparalleled flexibility for a variety of commercial ventures, from retail establishments to mixed-use developments. Its prominent location ensures maximum visibility and high traffic, providing an ideal foundation for a thriving business. Manchester is experiencing a renaissance, with significant projects recently completed and in the pipeline. Notable developments include the South Falls Tower, a modern apartment complex that has added over 200 residential units, and the mixed-use City View Marketplace, which blends retail spaces with upscale apartments. Planned projects, such as the extensive redevelopment of the old Southern States silos into high-end lofts and the new Commerce Road Corridor, are set to further elevate the area's appeal. This parcel's inclusion in both an Opportunity Zone and an Enterprise Zone adds significant tax incentives and economic benefits, making it an even more attractive investment. By securing this prime corner lot, you'll be at the forefront of Richmond's dynamic evolution, poised to shape the future of Manchester while securing a lucrative return on your investment.
Exterior Features

Construction Materials Brick Levels One Lot Features Level Road Frontage Type City Street Roof Flat Topography Level

Interior Features

Basement YN No Building Area Total 1528 Cooling Central Air Cooling YN Yes

Property Features

Lease Considered YN No Ownership Investment Owner- User Possible Use Retail Property Condition Good Condition Sewer Public Sewer Water Source Public

Central Virginia Regional MLS logo Listing provided by One South Commercial LLC: (804) 266-8831. Listing information © 2024 CVRMLS and CBRAR.


Central Virginia Regional MLS logo All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-07-25T08:58:06.647.
 
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Kevin Currie Group | Hometown Realty
3027 W. Cary St.
Richmond VA, 23221