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7098 Fernwood Street, Richmond, VA 23228

$1,900,000
  • 7098 Fernwood Street, Richmond, VA 23228 Main Photo

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Active
MLS#2506305
STATUSActive PROPERTY TYPECommercial - Business

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 31 units 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.

Property Features

Property Type: Commercial - Business
Lot Size: 3.92 Acres
Stories: 3.0
Year Built: 1966

Feature Descriptions

Building Features: Multi-Tenant
Days on Site: 357
Parcel#: 770-749-9008.002

Listed By / Shown By

Listed By

Agency Name: One South Commercial LLC

Shown By

Agency Title: Napier Realtors ERA
Agency Phone: 804-794-4531

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