120 Wyck Street
Richmond, VA, 23225 $ 2,300,000
Baths0.0 Sq 17,458 Monthly Estimate*
$ 15,287
Studio
for $2,300,000. This 17,458 square foot building was built in 1972 on a lot size of 0.69.
Situated at 120 Wyck Street in Richmond City, this property presents a remarkable opportunity for redevelopment. Spanning an impressive 17,458 square feet on a generous 0.69-acre lot, the site offers ample parking and is strategically located with B-3 zoning. Adjacent to the Virginia Department of Corrections Headquarters and District 1 Richmond Probation and Parole, and in close proximity to the Spring Rock Green Development and a state-of-the-art iceplex facility, this property enjoys a prime position amidst significant developments. Boasting versatile zoning, including options for short term rentals, transitional housing, and permanent supportive housing, among others, it provides a wide range of potential uses. With easy access to Chippenham Parkway and Midlothian Turnpike, major hospitals like VCU Medical Center, Johnston-Willis Hospital, and Chippenham Hospital are within a 7-mile radius, making it an ideal location for addressing short-term housing needs, particularly in the travel nursing industry. This property is well-suited for various purposes, including possible services in partnership with VADOC, substance abuse counseling and services, adult care facilities and much more. With immediate access to bus lines, interstates, and major area developments, combined with a new roof installed in 2024, this opportunity is not one to be missed. For additional information, interested parties are encouraged to contact the listing agent. Unlock the potential of 120 Wyck Street and capitalize on this exceptional conversion/redevelopment project in Richmond City.
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FeaturesGeneralSewer PublicSewer
Heating Other Zoned
Cooling CentralAir WindowUnits
Possession CloseOfEscrow Negotiable
Roof Flat
Construction Materials Brick Block
Year Built 1972
Stories 2
Topography Level
Levels Two
Percent Ownership Investment Owner-User
County Richmond City
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Building Features MultiTenant
Status Active
View Y/N N
Senior Community Y/N N
Zoning Description B3
Open Parking Spaces 50.0
MLS Area 60 - Richmond
Lot Size Units Acres
Waterfront Y/N N
Carport Y/N N
Street Name Wyck
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Property Condition AverageCondition
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 11
Standard Status Active
Tax Assessed Value 0
Tax Lot 75
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ExteriorLot Features ConservationArea Level
Water Source Public
Total Parking 50.0
Lot Size Area 0.69
Spa N
Building Area Total 17458.0
Lot Size Acres 0.69
Covered Spaces 0.0
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorTotal Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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* Excluded FeaturesList ByDavid GauldenListing Agent
david@thegauldengroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $15,287
- Monthly Property Taxes
- --
- Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Richmond, VA
Average List Price $1,329,251
Percent of Sale Price 42%
About Richmond, VA 228,048 Population
15% Since 2002
$ 44,360 Median Income
34.76 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
1821039 Elementary School
1821205 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/14/2024 | $2,300,000 | | Listed Price |