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1901 Westwood Avenue 1901 Westwood Ave 58,000 SF 100% Leased Industrial Building Richmond, VA 23227 For Sale

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INVESTMENT HIGHLIGHTS

Scott's Addition 2.0 area
OZ & EZ incentives
44,500 SF warehouse

Multi-family, mixed-use or industrial
13,500 SF office
Contact agents for pricing

EXECUTIVE SUMMARY

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.
Because of its unique characteristics and flexibility of uses it is listed unpriced. Potential purchasers are encouraged to make offers based on their own desired plan. Considering the flexible zoning, offers with clean terms and short timelines are encouraged.

1901 Westwood Ave (3.28.25)

PROPERTY FACTS

Sale Type	Investment or Owner User	Year Built/Renovated	1948/1975
Property Type	Industrial	Parking Ratio	0.88/1,000 SF
Property Subtype	Warehouse Flex Light Manufacturing Flex Showroom Industrial Distribution	Clear Ceiling Height	24’
Building Class	B	No. Dock-High Doors/Loading	3
Lot Size	2.70 AC	No. Drive In / Grade-Level Doors	5
Rentable Building Area	58,000 SF	Cross Streets	Lanvale
No. Stories	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	B7

Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse Flex Light Manufacturing Flex Showroom Industrial Distribution
Building Class	B
Lot Size	2.70 AC
Rentable Building Area	58,000 SF
No. Stories	1
Year Built/Renovated	1948/1975
Parking Ratio	0.88/1,000 SF
Clear Ceiling Height	24’
No. Dock-High Doors/Loading	3
No. Drive In / Grade-Level Doors	5
Cross Streets	Lanvale
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	B7