101 E. 7th Street

The Old Manchester district is a vibrant neighborhood that has witnessed the emergence of over 1,000 new residential units, revitalizing the local market and enriching the community with an array of amenities. The revitalized submarket features cafes, restaurants, breweries and art and music studios. An additional attraction is its location along the south bank of the James River, offering proximity to scenic parks, hiking and biking trails and other amenities along the riverfront.We are pleased to present exclusively for sale a collection of properties, encompassing 706, 710, 712, and 714 Decatur Street, nestled in the heart of Richmond, Virginia's historic Old Manchester district, just south of the downtown financial hub. Designated an Opportunity Zone designation in 2018, Old Manchester stands as a beacon of growth, boasting a robust development landscape within the Richmond region. Thanks to the advantageous tax incentives bestowed by its Opportunity Zone status, the Manchester area has witnessed a staggering $400 million surge in investments since 2020 alone. The Decatur Street assemblage stands as a testament to opportunity and potential, boasting prime visibility along Commerce Road, with impressive traffic counts averaging approximately 20,000 vehicles per day. Anchored by the longstanding legacy of the Lewis Supply Company, which has called these premises home since 1958, this offering includes the expansive 9,102 square foot main building, complemented by an additional 1,550 square foot storage facility and an expansive half-acre fenced storage yard.Main building has 9,102 SF, with a 2,417 SF showroom/office, and a mezzanine of 942 SF. The lot features a fenced storage yard and there is a 1,550 auxiliary building adjacent,