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1114 Marshall St Richmond, VA 23220

Sponsored
For Sale
$159,000

Prime 0.22-acre lot near VCU

Description

Added:
Feb 3, 2025
Days on Market:
338
This exceptional 0.22-acre lot presents a unique development opportunity in Richmond's vibrant Carver neighborhood. Situated just one mile from Virginia Commonwealth University (VCU), this property offers unparalleled proximity to the bustling academic environment and a diverse array of restaurants and businesses. The address is 1114 Marshall Street West. The lot's unique topography presents a significant advantage for developers. Currently one story below grade, the site is ideally suited for a basement or parking structure, allowing for at least two stories of above-grade construction. This translates to maximizing usable space and potentially increasing the overall value of the finished project. The location behind the Seigle Center ensures convenient access to amenities and services. The property is classified as "Other" and is being offered at $159,000. This represents a compelling investment opportunity for those seeking to capitalize on the high demand for housing and commercial space in this rapidly growing area of Richmond. The potential for a single-family home or a multi-unit development makes this a versatile and attractive proposition. Given its prime location and unique characteristics, this lot is expected to generate significant interest. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

Property Features for 1114 Marshall St

General Information

Property type
Other commercial real estate
Lot Size
9,583 SF

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Richmond
County
Richmond City
State
Virginia
Longitude
-77.45081
Latitude
37.5525

FAQs

What type of property is this?
Commercial real estate - Prime 0.22-acre lot near VCU
Where is this commercial real estate located?
The property is located at 1114 Marshall St Richmond, VA.
What is the asking price?
The asking price for this property is $159,000.
More about this property
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