201 W 7th Street, Richmond, VA 23224 (MLS # 2505222)

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PRICE $6,250,000 SIZE 40,000 sqft LOT SIZE n/a Request More Info Schedule a Showing

This one of a kind adaptive reuse creative office building is a rare opportunity located in Historic Manchester. 201 W 7th Street is surrounded by thousands of new residential units and is located in the core of Manchester's thriving renaissance. The building offers a range of occupancy options, providing for a flexible contiguous vacancy for an owner occupant or easy demising plan for a full building lease-up. The current tenant roster includes the YMCA headquarters, Circle S Studio and Curtis Process Consultants, all with significant term remaining - an attractive revenue stream to any potential owner user seeking to offset occupancy costs. Tenant spaces at "Corrugated Box" feature a combination of open floorplans with beautiful modern buildouts alongside private offices and curated collaborative spaces - a contemporary yet timeless aesthetic that contrasts with the building's unique historic structure. Although the footprint of the historic warehouse aligns with modern office building standards, the design emphatically avoids the typical building core diagram by pushing service spaces to one edge. This allows for an open and flexible floor plan which emphasizes both the scale of the space and the connectedness of the tenants. In addition, this design creates a central circulation route which encourages interaction and organizes shared spaces such as the cafe, an informal lounge, and a large, multi-media conference room. The building also features an elevator as well as a large portico, a wide covered dock space which fronts the eastern side of the building and is further enhances the potential amenity space offered by the property. Corrugated Box is an ideal property either for a creative owner user or an investor seeking a highly dynamic yet timeless asset in one of Richmond's hottest rising submarkets.