UNDER CONTRACT | 109 W 15th St Richmond, VA 23224
About This Property
At just over 19,000 square feet in total floor area, the meticulosity renovated and maintained building currently serves Richmond’s modern dance community as a practice and performance space. In this vein, the property offers the opportunity for a move-in ready event or performance space with a nearly 5,000 square foot two-story space lit by amazing arched windows, an elevator, a large kitchen and plenty of bathrooms. This area could serve as an amazing banquet hall for weddings and other events. This space is also fully equipped with a backstage areas, mezzanines and catwalks for sound and lighting perfect for dance, theater or musical performances. Smaller studio rooms with historic tile walls offer additional space for classes, smaller gatherings, meetings and retreats or workshops.
Alternatively, historic tax credits could be used to renovate the building into apartments, condos or some mix of uses taking advantage of the prime location in historic Manchester’s thriving residential neighborhood. The existing layout, the interesting architectural details and light provided by the historic windows would make for stunning residential units. Located in an Enterprise Zone and an Opportunity Zone, there are additional incentives for redevelopment available for the property.