2325 Maury Street
2325 Maury Street
JLL has been retained by the owner of 2325 Maury Street as its exclusive advisor. We are pleased to offer the opportunity to acquire this 279,108 square foot warehouse and manufacturing facility situated on approximately 10 acres in Richmond,Virginia (the “Property”). The Property is located within an Enterprise Zone as well as a HUB Zone and may qualify for Historical Tax Credits. This convenient location benefits from immediate access to the CBD, I-95 and I-64 as well as the nearby Port of Richmond. Its ample parking and expansion options can accommodate multiple uses. In addition to future use as a productionfacility taking advantage of the existing heavy infrastructure, the property may lend itself to a creative adaptive reuse.Multi-family, creative office and studio space have all been tested and yielded successful projects in the Manchester industrial submarket.
The Property is located in the northern Jefferson Davis Industrial Submarket, adjacent to the Manchester District. The Manchester District is currently enjoying dynamic growth and revitalization. This coupled with its superior condition creates tremendous re-development potential. The iconic architecture with its distinctive smoke stack lies within the path of progress. The structure was well constructed in the early 1950’s and has undergone comprehensive upgrades and expansions during renovations in 1970 and again in 2012. Secured perimeter with guard house; well-maintained structure and grounds; iconic smokestack, clean space; significant portion of first floor is air conditioned; former boiler house [3,000 s.f. +/-] represents a great opportunity for creative office space. 161 parking spaces; ~3.12 acres available for additional car or truck parking