For Sale

1606 Magnolia St, Richmond, VA for sale

1606 Magnolia St,
Richmond, VA 23222

Asset Snapshot

Student Housing
Industrial Subtype
1953
Year Built
1990
Year Renovated
2
Floor Count
1.37 Acres
Land Area

Offering Summary

Investment Overview

The property is a prime opportunity for industrial and manufacturing investors, featuring a spacious 20,363 SF building with potential for varied uses. Originally constructed in 1953 and thoughtfully renovated in 1990, the property offers a solid foundation for expansion or redevelopment. Zoned M-1 LIGHT, it provides flexibility for industrial pursuits and is strategically situated within the dynamic Richmond area. This substantial building presents an ideal canvas for optimizing manufacturing operations or adapting to new industrial ventures. With its strategic location and ample space, the property is well-positioned to meet the needs of industrial investors seeking a versatile and adaptable space.


Investment Highlights

  • - 20,363 SF industrial building
  • - Built in 1953, renovated in 1990
  • - Zoned M-1 LIGHT
  • - Versatile space for varied industrial uses
  • - Solid foundation for expansion or redevelopment
  • - Strategic location in Richmond area
  • - Ample space for manufacturing operations
  • - Adaptable layout for industrial ventures
  • - Ideal canvas for optimizing manufacturing processes
  • - Well-suited for new industrial pursuits

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Listing Syndicated From

Buildout
For Sale
$2,125,000
Asking Price

Investment Sales Broker