2723 E Cary St Richmond, VA 23223

$995,000
Price

Development Site
Property Type

0.29 AC
Parcel

Active Listing

About This Property

PRIME RESIDENTIAL, HOTEL, OR OFFICE DEVELOPMENT


This third of an acre is zoned M-2 permitting office 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.

Additional Information

77
Walkability

55
Transit

Parcel IDE0000443001
Road FrontageE Cary St
Zoning Desc.M-2 Industrial
Co-broker FeeYes

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