1. Virginia
  2. Richmond
  3. 508 Savannah Ave
$265,000

508 Savannah Ave, Richmond, VA 23222

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon0.46acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

This property is one of 2 contiguous lots that can be purchased together or seperately at 505 and 508 Savannahe Ave. This listing is 508 Savannah Ave, which is .19ac lot with bungalow-type 1118sf building. This property is located in a fast-growing Opportunity Zone of Eastern Henrico County and is zoned B3 for uses, including Office, Retail, Drive-Thru, Automotive Filling Station, Live/Work Dwellings. It is contiguous to 505 Savannah Ave, which is a vacant .28ac corner lot with good visibility and access on 2 road. Together, they are apr .48ac with 120' fronting Richmond-Henrico Turnpike at Savannah Ave, apr. a half mile from Richmond Raceway and Amazon Robotics Center, Approximately 10,000 vehicles pass per day. a half mile from Richmond Raceway and Amazon Robotics Center, with ingress and egress on both heavily traveled corridors. This location is experiencing growth with nearby development of homes and businesses, in addition to a major roadway enhancement project on Azalea, across Laburnum from this location, including bike lanes, streetlights and a new water main. The B-3 district is intended to provide a mix of commercial, automotive, and recreational activities, typically located along arterial roadways. Amazon Robotics Center, Richmond International Raceway, Memorial Regional Medical Center and Laburnum Medical Centers are located nearby. There is opportunity to redevelop the existing building for business use and add onsite parking. Street parking is also available on Savannah Ave. This corridor connects significant residential and retail development nearby, as well as the $22.5 million enhancement project from Richmond-Henrico Turnpike and Laburnum Ave south, with plans for 6 lanes, sidewalks, bike lanes, landscaping, and new water main

Listing Status:
Active
Listing Office:
HAAS Realty Group : (804) 349-5788
Listing Agent:
Susan Haas : (804) 349-5788
MLS ID:
2408060
  • Roofing: CompositionShingle
  • General: Metal SidingVinyl Siding1

This listing courtesy of Susan Haas, HAAS Realty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Laburnum Elementary School

500 Meriwether Ave, Richmond, VA, 23222

Grades KG-5

0.99 miles away

W

Wilder Middle School

6900 Wilkinson Rd, Richmond, VA, 23227

Grades 6-8

2.61 miles away

H

Henrico High School

302 Azalea Ave, Richmond, VA, 23227

Grades 9-12

1.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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