7098 Fernwood Street, Richmond, VA 23228 (MLS # 2506305)

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PRICE $1,900,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 3.92 ac

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.

DAYS ON MARKET 29 LAST UPDATED 3/13/2025
YEAR BUILT 1966 COMMUNITY 32 - Henrico
COUNTY Henrico STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA 32 - Henrico
LOT 3.921 acre(s)
STORIES 3+
ZONING R-6C
MORTGAGE CALCULATOR
   

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Listed with One South Commercial LLC

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Last Updated: 4/3/25 4:01 AM PDT

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