VA > Richmond
Richmond, VA 23222,508 Savannah AVE
Richmond, VA 23222,508 Savannah AVE
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Lynn Carr-Hawkes

Lynn Carr-Hawkes

+1(540) 220-2083
$ 265,000
Est. payment | /mo

0.46 Acres Lot

Save
$ 265,000
Est. payment | /mo
Save

0.46 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2408060

Construction Status Actual

HOA Y/N No

Year Built 1940

Lot Size 0.460 Acres

Acres 0.46

Property Description

Offering .75 (up to 3 Acres) Opportunity Zone Land in Eastern Henrico County, zoned B3 for uses, including Office, Retail, Drive-Thru, Automotive Filling Station, Live/Work Dwellings. 505 Savannah Ave is a vacant corner lot with 120' fronting Richmond-Henrico Turnpike at Savannah Ave, apr. a half mile from Richmond Raceway and Amazon Robotics Center, and 508 is a contiguous lot with an 1100sf Bungalow. Approximately 10,000 vehicles pass per day. a half mile from Richmond Raceway and Amazon Robotics Center, with ingress and egress on both heavily traveled corridors. This location is experiencing growth with nearby development of homes and businesses, in addition to a major roadway enhancement project on Azalea, across Laburnum from this location, including bike lanes, streetlights and a new water main. The B-3 district is intended to provide a mix of commercial, automotive, and recreational activities, typically located along arterial roadways. Amazon Robotics Center, Richmond International Raceway, Memorial Regional Medical Center and Laburnum Medical Centers are located nearby. There is opportunity to redevelop the existing building for business use and add onsite parking. Street parking is also available on Savannah Ave. This corridor connects significant residential and retail development nearby, as well as the $22.5 million enhancement project from Richmond-Henrico Turnpike and Laburnum Ave south, with plans for 6 lanes, sidewalks, bike lanes, landscaping, and new water main.

Location

State VA

County Henrico

Area 32 - Henrico

Exterior

Fence None

Roof Type Composition,Shingle

Topography Level

Building

Lot Description Level

Building Description Metal Siding,Vinyl Siding, Single-Tenant

Story 1

Water Public

Level or Stories One

Structure Type Metal Siding,Vinyl Siding

Construction Status Actual

Others

Tax ID 794-737-6554

Ownership Investment,Owner-User

Central Virginia Regional MLS (CVR MLS)
Listed by HAAS Realty Group
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(540) 220-2083

carrhawkesclients1st@gmail.com

1440 Central Park Blvd Suite 210 Fredericksburg, Virginia 22401, VA, 22401

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508 Savannah AVE