Richmond, VA 23228,7098 Fernwood ST
Richmond, VA 23228,7098 Fernwood ST
Richmond, VA 23228,7098 Fernwood ST
Richmond, VA 23228,7098 Fernwood ST
Richmond, VA 23228,7098 Fernwood ST
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$ 1,900,000
Est. payment | /mo

3.92 Acres Lot


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$ 1,900,000
Est. payment | /mo
Save

3.92 Acres Lot

Key Details

Property Type Commercial

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2506305

HOA Y/N No

Year Built 1966

Lot Size 3.921 Acres

Acres 3.921

Property Sub-Type Townhouse

Property Description

For decades, Acclaim at Carriage Hill has earned the reputation as a destination for those over the age of 55. Originally built in 1967 and 1979, the community is convenient to a huge population of aging households, just west of the city and just north of I-64. Additionally, there are a myriad of local options for dining, retail and entertainment, as well as three nearby hospitals—HCA Parham Henrico Doctors, Bon Secours St. Mary's and VCU Medical Center.

This is a rare opportunity to develop 125 additional assisted living units within Carriage Hill. The site is owned as a land condo within the existing development. No more than 25% can be independent living and any or all of the units can be memory care. There is also potential for townhouse development here with a rezoning if the units were condo. *Townhouse would require a rezoning and would need to be in a condominium regime.

Location

State VA

County Henrico

Area 32 - Henrico

Building

Story 3

Level or Stories Three Or More

Others

Tax ID 770-749-9008.002

Ownership Investment,Owner-User

Central Virginia Regional MLS (CVR MLS)
Listed by One South Commercial LLC
agent
EXIT Realty Central

Office | License ID: 0226020528

+1(757) 466-1009 | soldhamptonroads@gmail.com

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7098 Fernwood ST