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

September 5, 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 Philip L Thornton IV, Kelly M Thornton with Long & Foster Real Estate, Inc.
Listing Contact: 5402229155 

The IDX display contains information sourced from the Bright MLS, Inc. as of 9/5/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/5/2024 at 11:41 PM UTC

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