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.
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Listing information last updated on April 4th, 2020 at 10:30pm CDT.