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Welcome to your opportunity to expand your portfolio with 8-12 condos or apartments coupled with commercial space in the highly sought-after Forest Hill area, just a block off Forest Hill Avenue. This versatile property offers the flexibility to either build a mixed-use development or bring your unique vision to life. Imagine the potential of an owner-occupied commercial space on the ground floor, complemented by rental income from the residences above. With plans already in place for commercial on the ground floor and two-story condos or apartments, you can hit the ground running. Plus, with the special use permit (SUP) already approved, you can streamline the development process. Enjoy the convenience of being within walking distance to popular local spots like Little Nickel, Stella's Grocery, The Veil Brewing Co., and Blanchard's Coffee, as well as being close to the picturesque James River. Don't miss out on this prime opportunity to invest in one of Richmond's most popular neighborhoods!
DAYS ON MARKET | 16 | LAST UPDATED | 4/19/2024 |
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TRACT | Forest Hill Terrace | YEAR BUILT | 0 |
COMMUNITY | 60 - Richmond | COUNTY | Richmond City |
STATUS | Active | PROPERTY TYPE(S) | Lot/Land/Acreage |
Elementary School | Westover Hills |
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Jr. High School | Lucille Brown |
High School | Huguenot |
ADDITIONAL DETAILS | |
AREA | 60 - Richmond |
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BUYER'S BROKERAGE COMPENSATION | 3.00 |
LOT | 10254 sq ft |
LOT DESCRIPTION | Cleared, Corner Lot, Level, On Golf Course |
SEWER | Public Sewer |
SUBDIVISION | Forest Hill Terrace |
TAXES | 1236 |
UTILITIES | Water Connected, Natural Gas Available, Electricity Available |
WATER | Public |
WATERFRONT DESCRIPTION | Golf Course |
ZONING | R-5 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Last Updated: 5/3/24 11:45 PM PDT
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