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Apartment Development Site with Frontage
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1413 1415 & 1417 Hull Street, Richmond, VA 23224

Development opportunity combining frontage and depth to support up to 50 apartments with potential street-level commercial.

Property SizeContact for details
Days on Market136

Property Features for 1413 1415 & 1417 Hull Street

General Information

Standard status Active
Property subtype Land, Retail, Office
Listing Agency: One South Commercial
Listed By: Tom Rosman · License #VA 0225030879
Source: Crexi
Added: Apr 10 Changed: Aug 14 Last Checked: Aug 14 at 8:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of One South Commercial

Investment Insights

Based on property information with market context.

This for-sale development opportunity combines 1413-1415 Hull Street and 1417 Hull Street in Richmond, Virginia to create a single project site. The combined parcel offers approximately 70 feet of frontage and 155 feet of depth, with ground totaling about 10,850 square feet. The offering is presented as a 50-unit apartment development opportunity.

The property is currently described as UB-2 with PE-1 zoning. A potential zoning change to B-5 is discussed, which would permit up to five stories and could support between 40 and 50 apartments along with commercial storefronts. Under the B-5 framework, commercial uses at street level are identified as a requirement.

The remarks also note that keeping existing facades may potentially qualify the finished project for tax abatement. Buyer should verify all zoning, redevelopment approvals, and any tax abatement eligibility directly with the appropriate authorities.

Key Highlights

  • Development opportunity in Manchester: 1413–1415 Hull St and 1417 Hull St combined for about 1/4‑acre (70 ft frontage, 155 ft depth).
  • Total combined site provides approximately 10,870 SF of ground for a redevelopment plan.
  • Proposed zoning change to B‑5 would permit up to 5 stories and allow between 40–50 apartments plus commercial storefronts.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

905
Businesses Nearby

Demographics for 23224, VA

39,468
Population
18,201
Households
2.2
Avg Household Size
33
Median Age
19%
College-Educated
80%
High-School Grad
11.6 sq mi
ZIP Area
3,402
Density / Sq Mi
$49,263
Median Household Income
$36,275
Median Earnings
$1,268
Median Rent
$189,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Development opportunity combining frontage and depth to support up to 50 apartments with potential street-level commercial.
Where is this commercial land located?
The property is located at 1413 1415 & 1417 Hull Street Richmond, VA.
What are key features of this property?
This property features: Development opportunity in Manchester: 1413–1415 Hull St and 1417 Hull St combined for about 1/4‑acre (70 ft frontage, 155 ft depth).; Total combined site provides approximately 10,870 SF of ground for a redevelopment plan.; Proposed zoning change to B‑5 would permit up to 5 stories and allow between 40–50 apartments plus commercial storefronts.
(804) 353-0009 Call to check price and availability
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