FOR SALE - Rare Redevelopment Opportunity In RVA's Fan District - State & Federal Tax Credits Available - 1801 Park Ave., Richmond, VA 23220

List Price: $2,500,000 - Ideal For Apartment Redevelopment, Townhouse Redevelopment or Retail/Restaurant Redevelopment - One Block From Iconic Monument Ave. - Eligible For Federal & State Tax Credits - 25,000 ± SF - Built in 1910 - Three Stories - 4th Floor Addition Available - Zoning: R-6 - Corner Lot - 0.35 AC - Zoned R-6 - Assessed @ $3,844,000 - Strong Demographics - Current & Historic Building Plans Available

HISTORIC CHURCH FOR SALE IN RVA!

Please Call Dudley Resources @ (804) 709-1954 For More Information

Exisiting Building Plans | Historic Building Plans

Highlights:

  • 25,000 ± SF Church Building Located In Historic Fan District
  • One Block From Intersection of Monument Ave. & N. Allen Ave.
  • Rare Redevelopment Opportunity - Eligible For Federal & State Tax Credits
  • Building Plans Indicate 4th Floor Addition Can Be Added To Current Layout
  • Three Story Structure - Built in 1910 - Convenient Location to RVA's Shopping, Dining & More!
  • Corner Lot - 0.35 ± AC - Zoned R-6 - Assessed @ $3,844,000 - Strong Demographics
  • Peferct For Apartment Redevelopment, Townhouse Redevelopment or Retail/Restaurant Redevelopment
  • Current & Historic Building Plans Available - Call Agent To Schedule Showing!

Description:

1801 Park Ave. offers investors and developers a rare opportunity to purchase a historic, 25,000 square foot church building located in one of Richmond’s most desirable neighborhoods.  This three story building, located at the corner of Park Ave. and N. Allen Ave., is located just one block from Richmond’s historic Monument Ave. and is eligible for both state and federal tax credits.  The building was originally constructed in 1910 and recent building plans indicate that the new owner can add an additional fourth floor to the current layout.  The property consists of a 0.35 AC corner lot, is currently zoned R-6 by the City of Richmond and the current tax assessment for this property is $3,620,000.