115 N Jefferson Street

    Richmond, VA 23220
    • $5,000,000
    • STATUS: Active
    • ON SITE: 370 days
    • MLS #: 1800884
    UPDATED: 71 min ago
    $5,000,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1925
    County:

    School Ratings & Info

    Description

    This rare offering centrally located in Richmonds flourishing Arts District offers an incredible redevelopment opportunity for a landmark multifamily, creative office/retail, or a mixed use project. With exceptional proximity to neighborhood amenities and a truly walkable neighborhood location in the Citys hotel district, this 0.31 acre corner parcel occupies prominent W Grace Street frontage just a few blocks away from the VCU campus, VCUs much anticipated ICA (Institute for Contemporary Art), and one block from public transit access via "The Pulse (BRT) on Broad St, Quirk Hotel, Jefferson Hotel, and a growing collection of highly reputed restaurants, breweries, and upscale retail boutiques along the Broad and Grace corridors. Featuring an existing 3-story 38,000 SF building with a beautiful original Mission style faade and an 11,000 SF footprint, the propertys flexible B-4 zoning allows for a variety of new development scenarios which include the ability to capitalize on the basis of the site with a 12- story apartment projector to highlight the buildings historicity through a unique mixed use project leveraging federal and state historic tax credits.

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    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: 2019-01-16T07:57:06.197.
    www.thervalife.com/homes/79857127

    115 N Jefferson Street Richmond, VA 23220

    • Price: $5,000,000
    • Status: Active
    • Updated: 71 min ago
    • MLS #: 1800884
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    1925
    Built
    Neighborhood:
    10 - Richmond
    County:
    Richmond
    Area:
    10 - Richmond
    Property Description
    This rare offering centrally located in Richmonds flourishing Arts District offers an incredible redevelopment opportunity for a landmark multifamily, creative office/retail, or a mixed use project. With exceptional proximity to neighborhood amenities and a truly walkable neighborhood location in the Citys hotel district, this 0.31 acre corner parcel occupies prominent W Grace Street frontage just a few blocks away from the VCU campus, VCUs much anticipated ICA (Institute for Contemporary Art), and one block from public transit access via "The Pulse (BRT) on Broad St, Quirk Hotel, Jefferson Hotel, and a growing collection of highly reputed restaurants, breweries, and upscale retail boutiques along the Broad and Grace corridors. Featuring an existing 3-story 38,000 SF building with a beautiful original Mission style faade and an 11,000 SF footprint, the propertys flexible B-4 zoning allows for a variety of new development scenarios which include the ability to capitalize on the basis of the site with a 12- story apartment projector to highlight the buildings historicity through a unique mixed use project leveraging federal and state historic tax credits.
    Exterior Features

    Doors Other Drainage Good Exterior Brick Irrigation None Num Levels 3.00 Road Type City Maintained Road Roof Flat Topography Level

    Interior Features

    Disability Equipped YN Yes Elevator YN Yes Heating Cooling Central Air Rooms Entered 50 Total Building Sq Ft 33039

    Property Features

    Assessed Total 0 Availability Type Sale Building Condition Average Federal Tax Credit Eligibility YN Yes Multi Family Type Mid/High-Rise Owner Agent YN No Ownership Investment Pct Occupied 100.0000 Possession At Closing Potential Use Development Opportunity: Multi-FamilyOfficeRetail Space 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: 2019-01-16T07:57:06.197.
     
    Small & Associates, Inc. Real Estate
    5413 Patterson Ave., Suite 200
    Richmond VA, 23226