Manchester Multifam Dev Assemblage, 5-12 Stories By Right Richmond, VA

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Richmond, VA 23224

Property #: FX1946

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Bill Londrey CAI
Tranzon Fox

804-513-0544 blondrey@tranzon.com

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Development parcels from the Hild Manchester Real Estate Portfolio Auction. Buy one, a few or all!

Less than two miles to Virginia Commonwealth University and one mile from the Pamunkey Indian Tribe’s proposed $350 Million resort/casino.


13 parcels, totaling +/-1.64 acres and newly up-zoned to TOD-1 and B-7, permitting up to 12 story construction by right. Ideal multifamily and mixed use development site with quick access to VCU via the Lee Bridge.

Please note the city GIS maps do not accurately reflect the alley right of ways. The survey included in PIP reflects that the city has vacated the alley section that runs parallel to West 19th and 20th Streets, between the West 19th and West 20th lots. This dramatically enhances developability!

Features Include:
  • Zoning: Entire site recently up-zoned to B-7 and TOD-1. B-7 is intended to facilitate urban, infill mixed use development, allowing up to 5 stories with uses including multifamily, office and retail, among others. TOD-1 allows high density multifamily and mixed use with up to 12 stories of construction by right.
  • Frontage and access on Hull, Bainbridge, W. 19th and W. 20th Streets
  • The high rises constructed on this site will have the superior views of the city
  • Across W. 20th Street from impending development epicenter, the midcentury modern “Siegel’s Food Palace” site
  • Opportunity Zone
 
Address Parcel ID # Acreage    Tax Assess Annual Tax
16 West 19th St S000-0295-016    .1031+/- $16,000.00 $192.00
18 West 19th St S000-0295-015 .1031+/- $16,000.00 $192.00
20 West 19th St S000-0295-014 .1399+/- $19,000.00 $228.00
9 West 20th St S000-0295-031 .1498+/- $23,000.00 $276.00
13 West 20th St S000-0295-033 .1419+/- $22,000.00 $264.00
17 West 20th St S000-0295-035 .0614+/- $10,000.00 $120.00
19 West 20th St S000-0295-036 .0653+/- $11,000.00 $132.00
21 West 20th St S000-0295-037 .1219+/- $19,000.00 $228.00
1917 Hull St S000-0295-020 .4285+/- $274,000.00 $3,288.00
12 West 19th St S000-0295-018 .1032+/- $16,000.00 $192.00
1900 Bainbridge St S000-0295-012 .0577+/- $7,000.00 $84.00
22 West 19th St S000-0295-013 .0708+/- $12,000.00 $144.00
1906 Bainbridge St    S000-0295-009 .0938+/- $15,000.00 $180.00
    1.6404+/- $460,000.00  $5,520.00


Please be sure to download the Property Information Package by clicking on the words under “Documents to Download.” By downloading this package you will alert Tranzon Fox to your interest in this property and you will receive emails with any updates on this auction. The package contains information needed to participate in bidding at auction.

VAAF423

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Bill Londrey CAI

Bill Londrey CAI: Tranzon Fox

804-513-0544 blondrey@tranzon.com

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  • Buyer's Premium: 8% Buyers Premium based on the high bid.
  • Closing: 45-Day closing, sold in As-Is condition, no contingencies.
  • Deposit Amount: 10% deposit due within 2 business days of being notified that you are the successful high bidder.
  • Broker Co-op: 1.5% of the high bid will be paid to a properly registered broker at settlement.
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