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$795,000
165 Days On Site

7-9 Cowardin Avenue
Richmond, VA 23224

For Sale|Commercial Sale|Pending
0
Beds
0
Full Baths
0
Partial Baths
1,528
SqFt
$520
/SqFt
1975
Built
County:
Richmond City
Listing courtesy of One South Commercial LLC 8043878812

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7-9 Cowardin Avenue7-9 Cowardin Avenue7-9 Cowardin Avenue7-9 Cowardin Avenue
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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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Listing Snapshot
Price 
$795,000
Days On Site 
165 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,528 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.328 Acres
Year Built 
1975
MLS® Number 
2417925
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoStatus changed to Pending
3 months agoListing updated with changes from the MLS®
5 months agoListing first seen on site
General Features
Acres 
0.328
Additional Property Use 
Retail
Number Of Stories 
1
Sewer 
Public Sewer
SqFt Total 
1528
Stories 
One
Water Source 
Public
Interior Features
Cooling 
Central Air
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Exterior Features
Construction Details 
Brick
Lot Features 
Level
Road Frontage 
City Street
Roof 
Flat
Community Features
MLS Area 
60 - Richmond
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 IDX information is provided exclusively 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. 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.



Data last updated at 2024-10-30 12:00 AM UTC.

Neighborhood & Commute
Source: Walkscore
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