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2711-2718 E Marshall st - 2711-2718 E Marshal St

0.47 Acres of Commercial Land Offered at $2,200,000 in Richmond, VA 23223

Investment Highlights

  • Church Hill land for sale
  • Total lot size: 20,460 SF

Executive Summary

2712 & 2718 are positioned on the corner of E Marshall and N 28th street and total 20,460sf (132’ x 155’) of land. A 20’ alley runs along the rear of the parcels and a 10’ alley runs 100’ along the western side. They are zoned Urban Business which allows a multitude of mixed-use development scenarios. These characteristics are ideal for a multi-family project. Four R-8 residential lots line the southside of E Marshall St. All of the lots are 155’ deep and vary from 27’ to 31’ in width. The lot sizes vary from 4,185sf to 4,805sf and all have alley access. The properties are located in the Church Hill Historic District. The commission of architectural review (CAR) must approve the demolition of any structures and the exterior design of any new buildings. The properties are available as one offering and will not be sold separately.

Property Facts

Price $2,200,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.47 AC

1 Lot Available

Lot

Price $2,200,000
Price Per AC $4,683,871
Lot Size 0.47 AC

2712 - 10,850 SF (0.249 AC) lot with a 6,250 SF warehouse 2718 - 9,610 SF (0.221 AC) lot with a 6,594 office/garage 2711, 2713, 2715 & 2717 E. Marshall: Four lots zoned R-8. 2711-4,185 SF 27’ x 155’ 2713-4,805 SF 31’ x 155’ 2715-4,650 SF 30’ x 155'

Description

Historic Churchill continues to thrive and evolve as many seek its convenient and hip urban lifestyle. Opportunities for new construction are rare however. This offering on E Marshall street provides a developer with several different multi-family and single-family development scenarios to bring new construction to this tired area. Being located within two blocks of The Hill Café, Alewife, 8 ½, Cobra Burger and many other amenities will insure a high level of interest from buyers and renters.

Walk Score ®
Very Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • E000-0482-015
  • E000-0483-004
  • E000-0483-005
  • E000-0482-012
  • E000-0483-006
  • E000-0483-003
Land Assessment
$928,000
Improvements Assessment
$242,000
Total Assessment
$1,170,000

zoning

Zoning Code R-8 (Urban Residential)
R-8 (Urban Residential)
  • Listing ID: 33550942

  • Date on Market: 10/17/2024

  • Last Updated:

  • Address: 2711-2718 E Marshall st, Richmond, VA 23223

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