501 Oliver Hill Way - Warehouse FOR SALE


Richmond, VA 23219- Upper Shockoe Valley
$2,400,000 USD
804-929-8607
501 Oliver Hill Way, Richmond, VA for Sale
$2,400,000 USD
Warehouse - FOR SALE
1/4
null | Request Cap Rate

501 Oliver Hill Way
Richmond, VA 23219
Upper Shockoe Valley


HIGHLIGHTS

  • Immediate I-95 access and visibility
  • New roof installed in May 2022!
  • Dock and drive-in loading

OVERVIEW

• Existing 38,796 SF brick/concrete structure • New roof installed in May 2022! • 0.852 acres • Two stories existing • Dock and drive-in loading • Off-street parking • Zoned B-5 A Special Use Permit (SUP) allowing warehouse, brewery and food and beverage manufacturing uses • Immediate I-95 access; I-95 visibility • Under new roof: Covered land play opportunity • 100% leased until June 30, 2025 • Sale Price: $2,400,000 • OPPORTUNITY ZONE

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

UTILITIES

Water, Sewer

CLEAR CEILING HT

14 Ft

DOCKS

2

DRIVE INS

4

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.85

LAND SF

37,026

ZONING

B-5

APN/PARCEL ID

E000-0248-001

ASK ABOUT THIS PROPERTY

Isaac DeRegibusCushman & Wakefield | ThalhimerMore Info
804-929-8607

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Isaac DeRegibusCushman & Wakefield | ThalhimerMore Info
804-929-8607

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.