Motleys to Auction Historic Church in RVA
SVN/Motleys, together with Dudley Auctions, will be auctioning a 25,000 SF historic church in the Fan neighborhood of Richmond, VA. The auction will be held live on the stairs of the buliding, located at 1801 Park Ave., RIchmond, VA, 23230, and online via motleys.com on Thursday, October 31st at 2 PM.
Only one block from bustling Monument Ave and close to Virginia Commonwealth University, this could be an excellent redevelopment opportunity for the savvy investor or developer. The building is zoned R-6, so this is a unique opportunity to bring something new and exciting to the neighborhood in a historic setting.
The building includes a basement, main floor, and balcony and is eligible for a fourth story addition. In addition to a being a freestanding building on a .35 AC corner lot, the property boasts on-street parking on both the front and the side of the building.
Eligible for possible tax exemptions through the City of Richmond Tax Abatement Program, this is an exclusive opportunity to own a part of historic Richmond.