Commercial: MLS #1742674 Richmond, VA $ 995,000
Commercial: MLS #1742674
$ 995,000
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Commercial: MLS #1742674

Richmond, VA, 23223
$ 995,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 4,745

How much can I afford?
MLS #/Web ID: 1742674 - Image 1
MLS #/Web ID: 1742674 - Image 2
MLS #/Web ID: 1742674 - Image 3
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MLS #/Web ID: 1742674 - Image 8

Commercial Property for sale in Richmond, VA

for $995,000.

DEVELOPMENT OPPORTUNITY! This third of an acre is zoned M-2 permitting offce and hotel as a matter of right and is also approved for a 10-story, 15-unit condominium project under a special use permit. The property boasts stellar views of the downtown skyline and the James River and would make a perfect site for additional high-end apartments or condominiums if the property were to be rezoned to follow the City’s Downtown Plan and Riverfront Plan recommendations for development of the site. The topography and dimensions of the site are excellent for a multi-story parking structure that would not require a ramp and preliminary architectural studies show that the site can easily accommodate 75 to 80 units with premier views and access to downtown.

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Commercial Active

Price

$ 995,000

Property Type

Commercial

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

1742674

Features
Exterior
Parking 1-20 Covered Parking Spaces
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* Excluded Features
List By
Lory Markham

Listing Agent

One South Realty Group, Llc

Broker

Affordability Calculator

$4,745
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,745
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 3.99% 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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