Industrial Unit for Sale

1.66 Acres For Sale - Potential Redevelopment Site - City of Richmond

Highlights

  • 1.66 acres / 47,954 SF
  • Billboard included in sale
  • Excellent redevelopment site
  • Fronting I-64 / I-95 - 153,000 vehicles per day
  • Zoned M-1
  • Favorable topography for multi-story development
  • Current income in place

Overview

1320 School Street is a 1.66-acre potential redevelopment site, including a billboard with income, fronting I-64/I-95. The property is currently a fully occupied Class C warehouse/office/retail facility, zoned M-1. 153,000 vehicles pass the site each day, providing maximum exposure for numerous business owners. The topography of the site allows for strong density and a potential for mixed-use redevelopment consisting of indoor self-storage/apartments and limited retail. The site fronts the roundabout facing Virginia Union University and Lombardy Street, which connects to Virginia Commonwealth University’s campus.
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Sizes and Measurements

Total Space Available

1.66 ac

Pricing Information

FOR SALE

$3,300,000

Photos

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