505 AND 508 SAVANNAH AVE Active

Richmond,VA 23222

$ 425000

- Bed

- Bath

1100 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $386

MLS Listing ID VAHN2000670

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $258

Tax Year 2022

Lot Size 0.750 Acres

Acres 0.75

Property Description

OPPORTUNITY ZONE LAND .75 Ac Corner lot with 1100sf vacant bungalow, zoned B3 for business use with apr. 120' fronting Richmond-Henrico Turnpike at Savannah Ave, apr. a half mile from Richmond Raceway and Amazon Robotics Center, and with apr. 10,000 vpd passing. There is opportunity to redevelop the existing building for business use and add onsite parking. Street parking is also available on Savannah Ave. This sale includes 2 lots located at 508 Savannah Ave: EDWARDS PARK LT PT 36 3
7 2 A1 22, 794-737-6554 priced $160,000 and 505 Savannah Ave: EDWARDS PARK LT PT 38 39 40 41 2 A1 22, 794-737-5854 priced $265,000. The price for both lots is: $425,000 The property is offered 'As Is
There is an additional 2.1ac at 3810 Meadowbridge Rd that is contiguous to this lot Ffor2.9AC . See MLS # VAHN2000668

Location

State VA

County Henrico

Zoning B-3

Interior

Hot Water Electric

Heating None

Cooling None

Flooring Hardwood

Heat Source None

Exterior

Garage Spaces 2.0

Utilities Available Electric Available,Phone Available,Water Available

Waterfront N

Water Access N

View City

Roof Type Composite

Street Surface Paved

Accessibility None

Road Frontage City/County

Total Parking Spaces 2

Garage N

Building

Lot Description Additional Lot(s),Backs to Trees,Cleared,Road Frontage,Subdivision Possible

Foundation Crawl Space

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Henrico County Public Schools

Others

Tax ID 794-737-5854

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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