Richmond VA Real Estate & Commercial for Sale

1 Properties Found

The median home value in Richmond, VA is $357,250. This is higher than the county median home value of $280,000. The national median home value is $308,980. The average price of homes sold in Richmond, VA is $357,250. Approximately 38% of Richmond homes are owned, compared to 51% rented, while 11% are vacant. Richmond real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Richmond real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
17,458
Status:
Active
MLS#:
2405138
Type:
Other
Year built:
1972
A broker reciprocity listing
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Situated at 120 Wyck Street in Richmond City, this property presents a remarkable opportunity for redevelopment. Spanning an impressive 17,458 square feet on a generous 0.69-acre lot, the site offers ample parking and is strategically located with B-3 zoning. Adjacent to the Virginia Department of Corrections Headquarters and District 1 Richmond Probation and Parole, and in close proximity to the Spring Rock Green Development and a state-of-the-art iceplex facility, this property enjoys a prime position amidst significant developments. Boasting versatile zoning, including options for short term rentals, transitional housing, and permanent supportive housing, among others, it provides a wide range of potential uses. With easy access to Chippenham Parkway and Midlothian Turnpike, major hospitals like VCU Medical Center, Johnston-Willis Hospital, and Chippenham Hospital are within a 7-mile radius, making it an ideal location for addressing short-term housing needs, particularly in the travel nursing industry. This property is well-suited for various purposes, including offender release services in partnership with VADOC, substance abuse housing, and adult care facilities. With immediate access to bus lines, interstates, and major area developments, combined with a new roof installed in 2024, this opportunity is not one to be missed. For pricing and further information, interested parties are encouraged to contact the listing agent promptly. Unlock the potential of 120 Wyck Street and capitalize on this exceptional redevelopment prospect in Richmond City.

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