$265,000

508 Savannah Avenue , Richmond, VA 23222

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:0 sqft
Lot:0.46
Year Built:1940
Listing Status:Active

Listing Agent

Susan Haas
https://www.haasrealtygroup.com
Loan Amount:
Interest:
Term (Years):
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Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

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

Detailed Items

Other Information

508 Savannah Avenue, Richmond, VA, 23222 is a commercial sale listing of 0 sqft on a lot of 0.46. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property508 Savannah Avenue, Richmond, VA
Copyright © 2025 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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