1901 Westwood Avenue, Richmond, VA 23227 For Sale

Rare opportunity to purchase a large 2.7 acre parcel in the hot Westwood submarket. Immediate access to I-64, I-95 and I-195. The B-7 zoning is extremely flexible and allows for a wide spectrum of uses and redevelopment options. A business owner could occupy and lease any warehouse that they don't need. It also has major potential as a redevelopment for multifamily, mixed-use, commercial or industrial.

Opportunity Zone and Enterprise Zone incentives make any redevelopment, renovation or adaptive reuse of the property extremely attractive.

Westwood is a dynamic and centrally located neighborhood that seamlessly blends commercial growth with residential charm. Positioned between the bustling Scott's Addition district and the prestigious University of Richmond area, Westwood is experiencing a surge in development, making it an attractive destination for businesses seeking a strategic foothold in the city. With convenient access to major roadways, including I-195 and Broad Street, the neighborhood offers unparalleled connectivity to downtown Richmond, the West End, and beyond.

Westwood's transformation in recent years has been driven by an influx of new businesses, modern mixed-use developments, and revitalized industrial spaces catering to creative industries, technology firms, and innovative retail concepts. The neighborhood's blend of historic character and contemporary growth makes it an appealing location for office spaces, retail storefronts, and flex-use properties. As Richmond continues to expand, Westwood stands out as a prime opportunity for investors and businesses looking to capitalize on the city's upward trajectory.