Details
FOR MORE INFORMATION, PLEASE CONTACT MARK MOTLEY @ (804) 822-3125 or (804) 647-9690
**Property Showings by Appointment Only**
(No Lockbox On Property)
City of Richmond Tax Record || Parcel Map
Existing Building Plans || Historic Building Plans
FOR SALE: $2,500,000
Motleys Commercial Real Estate is pleased to offer this historic church located in the sought after Fan District of Richmond, Virginia. Only one block from Monument Avenue and convenient to Virginia Commonwealth University, this property is in a thriving area, offering an abundance of redevelopment, new development, restaurants and businesses. This unique purchase opportunity offers the possibility for redevelopment as it is zoned R-6 and provides 25,000 ± SF throughout a basement, main floor, and balcony. The property is eligible for a 4th story addition. The freestanding building sits on a .35 ± acre, corner lot with on-street parking on both the front and side of building. Possible tax exemptions through the City of Richmond Tax Abatement Program, encourages investors and developers to take part in the redevelopment of this property!
Investment Highlights:
- 25,000 ± SF Church Building Located In Historic Fan District
- Rare Redevelopment Opportunity - Eligible For Federal & State Tax Credits
- Three Story Structure - Built in 1910 - Convenient Location to Richmond's Top Shopping, Dining & More!
- Eligible for 4th Story Addition
- Corner Lot - 0.35 AC - Zoned R-6 - Assessed @ $3,620,000 - Strong Demographics
- Current & Historic Building Plans Available - Call Agent To Schedule Showing
Historical Background: Due to the church being built in 1910, the City of Richmond has certified this building as a historic structure, part of the Fan Area Historic District. It also is included in the National Register of Historic Places.
Disclaimer: As licensed Brokers, Motleys is required to submit any pre-sale offers to the seller. Contact Motleys for pre-sale offers. Information, including electronic advertising, printed material, oral statements and photographs, that is provided has been gathered from sources deemed reliable but is not guaranteed for any reason. Information contained herein is believed to be correct to the best of the auctioneer/agent's knowledge but is NOT guaranteed. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. Oral announcements made at time of sale take precedence over any other statements or advertisements. This property, (ies) is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.
