Estimated Monthly Payment: $20,065/mo Richmond, VA 23220 MLS# 1827162 Commercial Listing Status: Active
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REMARKS:

DEVELOPMENT OPPORTUNITY. Located in a state designated Opportunity Zone at the corner of N Lombardy Street and W Leigh Street in Richmond’s Carver neighborhood, this 1.3 acre “shovel-ready” site offers a rare scalable “value-add” opportunity for infill residential development just steps away from Virginia Commonwealth University (VCU) and Virginia Union University’s (VUU) campuses. The property is comprised of over half a city block with public ingress/egress on all four (4) sides of property and includes significant corner frontage at the signalized intersection of W. Leigh St. and N Lombardy. In addition, the property contains approximately 10, 062 SF of fully leased improvements providing potential revenue stream during development phase. Perfect for condos, townhomes, or multifamily/mixed use.

OVERVIEW:

Commercial
Active
804-353-0009
10 - Richmond
2010
1.30
Flat

FEATURES:

Brick

FINANCIAL:

$4,400,000

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of One South Realty Group, LLC

 

Date last updated: 12/12/2018

 

All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listings are ©2018  Central Virginia Regional Multiple Listing Service, LLC. All rights reserved