1606 Magnolia St
Industrial | 20,363 SqFt
Marketing description
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.
Richmond's historic Northside district, where the property is located, offers a vibrant blend of attractions for potential office investors. This dynamic area boasts a mix of modern amenities alongside rich history, with nearby highlights including Lewis Ginter Botanical Garden, a serene escape for tenants, and Chimborazo Park, an ideal spot for outdoor meetings. Nearby, local eateries such as The Mill on MacArthur and The Luncheonette provide convenient options for business lunches. The location's proximity to major roadways and the downtown area enhances its appeal for office investors seeking convenience alongside local charm.
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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