Active
701 N Main St
Culpeper VA, 22701
$2,750,000
$36.61 per sqft
Active
1.72 Acres
Land
Initial public offering of one of Culpeper's most iconic sites. The former home of Baby Jim's is now the Main Street gateway to a 4-lot, 1.72 acre canvas offering myriad opportunities for discerning developers. All lots maintain either C3 or R3 zoning and afford the opportunity to immediately develop over 40 units; however, preliminary meetings with the town indicate they would accommodate a request for additional density. This represents an incredible opportunity to develop almost an entire city block and your vision run wild. Condos ... Luxury Apartments ... Townhomes ... Mixed Use? The local market is receptive to virtually any product offering. There is also an intriguing affordable housing play, whereby your acquisition/development costs could be offset by sizeable tax credits. Rarely do opportunities to redevelop a premier Main Street location in downtown Culpeper present themselves. Easy access to all commuter routes, a short walk to historic and award-winning Davis & Main shopping and dining corridor, close proximity to rail service, public utilities on site, as well as, fiber, cable and natural gas. Long overdue, don't miss your opportunity to be at the forefront of redeveloping one of Culpeper's next hot sections ... North Main!
VACU2006796
MLSⓇ ID
December 29, 2023
Listed
October 2, 2024
Updated
Map
701 N Main St
Culpeper VA, 22701
Exterior/Building Features
Lot Size
1.72 Acres
Lot Features
Cleared, Corner Lot
Sewer
Public Sewer
School Information
School District
CULPEPER COUNTY PUBLIC SCHOOLS
Other Property Details
Taxes
$609
Tax Frequency
Annually
Days on Market
230
Garage
No
View
Yes
View Description
Mountain(s), City, Street
County
CULPEPER
Water Source
Public
Pool
No
Zoning
Commercial and Higher Density Residential
Listed by Long & Foster Real Estate, Inc.
Listing Contact: 5402229155
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Data last updated on 10/2/2024 at 7:02 AM UTC