1001,1027,1031-1041 N Lombardy Street

    Richmond, VA 23220
    • $4,400,000
    • STATUS: Active
    • ON SITE: 177 days
    • MLS #: 1827162
    UPDATED: 80 min ago
    $4,400,000
    • 0
      BEDS
    • 1.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2010
    County:

    School Ratings & Info

    Description

    DEVELOPMENT OPPORTUNITY. Located in a state designated Opportunity Zone at the corner of N Lombardy Street and W Leigh Street in Richmonds 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 Universitys (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.

    Monthly Payment Calculator



    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 Listing are © 2019 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2019-01-20T06:57:15.16.
    www.thervalife.com/homes/86002451

    1001,1027,1031-1041 N Lombardy Street Richmond, VA 23220

    • Price: $4,400,000
    • Status: Active
    • Updated: 80 min ago
    • MLS #: 1827162
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.3
    Acres
    2010
    Built
    Neighborhood:
    10 - Richmond
    County:
    Richmond
    Area:
    10 - Richmond
    Property Description
    DEVELOPMENT OPPORTUNITY. Located in a state designated Opportunity Zone at the corner of N Lombardy Street and W Leigh Street in Richmonds 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 Universitys (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.
    Exterior Features

    Doors Other Drainage Good Exterior Brick Irrigation None Num Levels 2.00 Road Type City Maintained Road Roof Flat Topography Level

    Interior Features

    Disability Equipped YN No Elevator YN No Heating Cooling Central AirHeat Pump Rooms Entered 4 Total Building Sq Ft 10062

    Property Features

    Assessed Total 0 Availability Type Sale Building Condition Good Federal Tax Credit Eligibility YN No Multi Family Type Garden/Low-Rise Owner Agent YN No Ownership Investment Pct Occupied 100.0000 Possession At Closing Sewer Sanitary Sewer Tenancy Multiple Water Source Public Water

    Listing courtesy of One South Realty Group, Llc. Listing information © 2019 CVRMLS and CBRAR.


    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 Listing are © 2019 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2019-01-20T06:57:15.16.
     
    Small & Associates, Inc. Real Estate
    5413 Patterson Ave., Suite 200
    Richmond VA, 23226