2723 East Cary Street, Richmond, VA 23223

List Price
Price Change
▼ $305,000 1544660582
Days on Market
10 - Richmond

Property Description

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 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.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
Term of Loan

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of One South Realty Group, LLC.

board logo

All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are © 2019 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Real estate properties marked with the Central Virginia MLS (CVRMLS) icon are provided courtesy of the CVRMLS IDX database. The information being provided is for a consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. IDX information updated .