7 N 18th ST, Richmond, VA 23223
7 N 18th ST, Richmond, VA 23223
7 N 18th ST, Richmond, VA 23223
7 N 18th ST, Richmond, VA 23223
7 N 18th ST, Richmond, VA 23223
7 N 18th ST, Richmond, VA 23223
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Brandon Jenkins

Brandon Jenkins

+1(804) 929-3459
$ 595,000
Est. payment | /mo

6,403 SqFt

Save
$ 595,000
Est. payment | /mo
Save

6,403 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,403 sqft

Price per Sqft $92

MLS Listing ID 2603134

Style Garden Home

HOA Y/N No

Year Built 1974

Property Description

7–9 North 18th Street represents an incredible opportunity to own and redevelop a significant piece of historic Shockoe Bottom. Currently in shell condition, the building offers a blank canvas for investors and developers seeking to create a transformative project in one of Richmond's most dynamic neighborhoods. With three entrances along North 18th Street, the property provides strong frontage and design flexibility, while its B-5 zoning supports development up to five stories in height with multifamily permitted by right — a rare combination that positions the asset for a wide range of high-impact uses. Further enhancing its appeal, a Special Use Permit approved in 2025 allows for the construction of a 17-space parking garage within the building, accessed from the alley off 18th Street — a unique and highly valuable entitlement in an urban setting where parking is at a premium. This approval can be integrated into a larger multi-story residential or mixed use development or executed as a standalone, income-producing parking facility. Alternatively, the property is well-suited for retail or other commercial redevelopment, capitalizing on the neighborhood's continued growth and energy. Don't miss this rare chance to acquire a large historic asset on North 18th Street and bring a visionary project to life in the heart of Shockoe Bottom.

Location

State VA

County Richmond City

Area 10 - Richmond

Interior

Cooling Central Air

Exterior

Roof Type Flat

Topography Level

Building

Lot Description Level

Building Description Block, Multi-Tenant,No Elevators

Story 1

Sewer Public Sewer

Water Public

Architectural Style Garden Home

Level or Stories One

Structure Type Block

Others

Tax ID E000-0132-030

Ownership Investment

Central Virginia Regional MLS (CVR MLS)
Listed by One South Commercial LLC

Nearby Locations

Brandon Jenkins

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(804) 929-3459

brandon.jenkins@jenkinsrealestategroup.com

9200 Center Oak Court Suite A, Mechanicsville, Virginia, 23116, USA

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7 N 18th ST