MULTIFAMILY DEVELOPMENT OPPORTUNITY IN SOUTH HIGHLAND PARK
Located in South Highland Park , 2705 5th Avenue is the site of the historic Crawley's Nursing home constructed in 1953. The existing building features 17,446 square feet of total floor area located on a 1.24 acre parcel. As part of the Chestnut Hill-Plateau Historic District , this building offers an incredible opportunity for renovation as a multifamily development using historic rehabilitation tax credits. Alternatively, preliminary architectural plans have been completed for the property showing a new multifamily development with 30 units.
Within short walking distance of the East Brookland Park Boulevard commercial district, potential residents will enjoy easy accessibility to the nearby shops, restaurants, and amenities of the area. Also just minutes from Mechanicsville Turnpike, I-64, and Downtown Richmond, this South Highland Park location is an ideal site for a high occupancy multifamily development.
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.
Listing information last updated on November 13th, 2019 at 1:16pm CST.