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7098 Fernwood ST Richmond, VA 23228
3.92 Acres Lot
UPDATED:
03/13/2025 03:44 PM
Key Details
Property Type Commercial
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2506305
HOA Y/N No
Year Built 1966
Lot Size 3.921 Acres
Acres 3.921
Property Sub-Type Townhouse
Property Description
For decades, Acclaim at Carriage Hill has earned the reputation as a destination for those over the age of 55. Originally built in 1967 and 1979, the community is convenient to a huge population of aging households, just west of the city and just north of I-64. Additionally, there are a myriad of local options for dining, retail and entertainment, as well as three nearby hospitals—HCA Parham Henrico Doctors, Bon Secours St. Mary's and VCU Medical Center.
This is a rare opportunity to develop 125 additional assisted living units within Carriage Hill. The site is owned as a land condo within the existing development. No more than 25% can be independent living and any or all of the units can be memory care. There is also potential for townhouse development here with a rezoning if the units were condo. *Townhouse would require a rezoning and would need to be in a condominium regime.
This is a rare opportunity to develop 125 additional assisted living units within Carriage Hill. The site is owned as a land condo within the existing development. No more than 25% can be independent living and any or all of the units can be memory care. There is also potential for townhouse development here with a rezoning if the units were condo. *Townhouse would require a rezoning and would need to be in a condominium regime.
Location
State VA
County Henrico
Area 32 - Henrico
Building
Story 3
Level or Stories Three Or More
Others
Tax ID 770-749-9008.002
Ownership Investment,Owner-User
Listed by One South Commercial LLC
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