$1,100,000
This property offers a compelling urban infill opportunity combining immediate functionality with long-term redevelopment upside. From a development standpoint, the site is positioned within Richmond's CM-5 / T5 Core (confirmed with City of Richmond) zoning, which supports higher-density mixed-use projects. Based on feasibility analysis, the property may support: ~ Entry-level development scenarios of approximately 4-6 residential units ~ Higher-density mixed-use development potential (up to ~40 units per acre) depending on design, approvals, and city requirements (buyer to verify) Existing auto body infrastructure in place designed for efficient multi-stage workflow (prep, body, paint, finish), supports immediate occupancy or lease-up for an automotive operator. The grandfathered paint booth and supporting systems create an opportunity for near-term income or operational value while preserving future redevelopment optionality.

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