120 Wyck Street Richmond, VA $ 2,300,000
120 Wyck Street
$ 2,300,000
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120 Wyck Street

Richmond, VA, 23225
$ 2,300,000
Baths0.0 Sq 17,458

Monthly Estimate*

$ 16,066

120 Wyck Street, Richmond, VA 23225 - Image 1
Studio

Commercial Property for sale in Richmond, VA

for $2,300,000. This 17,458 square foot building was built in 1972.

Situated at 120 Wyck Street in Richmond City, this property presents a remarkable opportunity for redevelopment. Spanning an impressive 17,458 square feet on a generous 0.69-acre lot, the site offers ample parking and is strategically located with B-3 zoning. Adjacent to the Virginia Department of Corrections Headquarters and District 1 Richmond Probation and Parole, and in close proximity to the Spring Rock Green Development and a state-of-the-art iceplex facility, this property enjoys a prime position amidst significant developments. Boasting versatile zoning, including options for short term rentals, transitional housing, and permanent supportive housing, among others, it provides a wide range of potential uses. With easy access to Chippenham Parkway and Midlothian Turnpike, major hospitals like VCU Medical Center, Johnston-Willis Hospital, and Chippenham Hospital are within a 7-mile radius, making it an ideal location for addressing short-term housing needs, particularly in the travel nursing industry. This property is well-suited for various purposes, including offender release services in partnership with VADOC, substance abuse housing, and adult care facilities. With immediate access to bus lines, interstates, and major area developments, combined with a new roof installed in 2024, this opportunity is not one to be missed. For pricing and further information, interested parties are encouraged to contact the listing agent promptly. Unlock the potential of 120 Wyck Street and capitalize on this exceptional redevelopment prospect in Richmond City.

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Commercial Active

Price

$ 2,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial Sale

Year Built

1972

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2405138

Features
General
Sewer PublicSewer
Heating Zoned
Possession CloseOfEscrow Negotiable
Roof Flat
Construction Materials Brick
Year Built 1972
Stories 2
Topography Level
Levels Two
Percent Ownership Investment Owner-User
County Richmond City
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
View Y/N N
Senior Community Y/N N
MLS Area 60 - Richmond
Waterfront Y/N N
Carport Y/N N
Street Name Wyck
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Property Condition SeeRemarks
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 2
Standard Status Active
Tax Assessed Value 0
Tax Lot 75
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Exterior
Fencing None
Lot Features Level
Water Source Public
Spa N
Building Area Total 17458.0
Lot Size Units Acres
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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* Excluded Features
List By
David Gaulden

Listing Agent

Kw Metro Center

Broker

davidgaulden@kw.com

Email

Affordability Calculator

$16,066
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,066
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1821039 Elementary School
1821205 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/1/2024$2,300,000 Listed Price

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120 Wyck Street, Richmond, VA, 23225 is a Commercial Property for sale at $2,300,000 with 17,458 sqft. 120 Wyck Street is a studio with 0.0 baths and was built in 1972. The property's zip code is 23225 which is in Richmond, VA