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510 S 14th St - Mayo Bridge Redevelopment Opportunity 0.25 Acres of Commercial Land Offered at $995,000 in Richmond, VA 23219

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INVESTMENT HIGHLIGHTS

Opportunity Zone Redevelopment
Positioned between Manchester and Downtown Richmond

137' Frontage on Mayo Brige at Mayo Island Park
Access to Mass-Transit, Amtrak, I-64

EXECUTIVE SUMMARY

Opportunity Zone Property, consisting of a 9,643sf paved pad, 1,290 sf, single-story brick building on Mayo Island, between Manchester and Downtown Richmond, at the James River and entrance of the newly approved 16-Acre Mayo Island Park project, with 137' frontage on the Mayo Bridge, accommodating apr. 36,000 vehicles, dozens of pedestrians and bicyclists daily. This redevelopment opportunity has potential for many uses, including a vertical, mixed-use building with striking views, in all directions, connecting to the metro transit system, Va.Capital Bike Trail, James River, walking trails, close to dozens of restaurants, shops, offices and with interstate access in .1 mile, and Amtrak station located .6mi, or a 9 minute walk.

510 S 14th St OM 11 2

PROPERTY FACTS

Price	$995,000	Proposed Use	Mixed Use
Sale Type	Investment or Owner User	Total Lot Size	0.25 AC
No. Lots	1	No. Stories	1
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial
Zoning	M1 - Opportunity Zone, currently classified M-1 for light industrial uses, such as entertainment, recreational, exhibit space, drive-in and outdoor theatre

Price	$995,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Mixed Use
Total Lot Size	0.25 AC
No. Stories	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M1 - Opportunity Zone, currently classified M-1 for light industrial uses, such as entertainment, recreational, exhibit space, drive-in and outdoor theatre

1 LOT AVAILABLE

Lot

Price	$995,000	Lot Size	0.25 AC
Price Per AC	$3,980,000.00

Price	$995,000
Price Per AC	$3,980,000.00
Lot Size	0.25 AC

Flat, buildable .25 Acre lot with 125' frontage on Mayo Bridge, 79' deep with 70'x42' and 42' wide x 150' deep deeded easements.

DESCRIPTION

Redevelopment Opportunity at Manchester and Downtown Richmond, at Mayo Island Park, with 125' frontage on the Mayo Bridge and apr 36,000 VPD. The bridge is being replaced with a modern bridge, safely accommodating vehicles, pedestrians and bikes. There is an existing 1,290 sf retail storefront, 1-story brick building on the property, paved lot. This property connects to the metro transit system, Capital Bike Trail, James River, walking trails, close to dozens of restaurants, shops, offices and with interstate access in less than 1 mile and .6mi, or a 9 minute walk to Main St. Amtrak Station.

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