DEVELOPMENT OPPORTUNITY! This third of an acre is zoned M-2 permitting offce 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 Cityâ€™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.
Listing courtesy of One South Realty Group, LLC.
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