Property Description

Property is subject to online sale, list price is opening offer amount and may not reflect the final sales price, seller reserve the right to reject any offers, Seller is considering pre-sale offers. Agent onsite 3/9-3/11 4-5PM. Home has been vacant for 16 years, value is in the land. A rare signalized corner at Routes 60 & 522 in Powhatan - 13.9± acres zoned R-C with broad commercial development potential. Lease the existing 3-bedroom brick home for immediate income while you plan your next move, or jump straight into rezoning and development. An estimated 25,000-35,000 vehicles pass this intersection daily. Features -Signalized, high-visibility corner parcel in one of Central Virginia's fastest-growing suburban corridors - and to do it entirely on your terms. Whether you're a developer ready to break ground, an investor looking for a land-banking play with rental income to cover carrying costs, or a business owner searching for the perfect long-term location, 2500 Maidens Road delivers on every front. The property is zoned R-C (Residential-Commercial), a transition district that permits a broad range of commercial uses by right - including restaurants with or without drive-through, retail shops, grocery stores, gas stations, banks, professional offices, veterinary clinics, convenience stores, and much more. Conditional uses available with a CUP expand the possibilities further to include hotels and motels, medical or dental clinics, multifamily residential, bars and lounges, and commercial outdoor recreation. The vacant home is 1,680 SF, brick, w/ 3BR and 1.5 BA, a full basement (840 sq ft finished, 840 sq ft unfinished), two enclosed porches, a brick garage, a patio, and a metal storage shed. Built in 1956 on a concrete block foundation with plaster walls, wood floors, and brick exterior, the home is leasable as-is. Put a tenant in place, collect rent, and let that income offset carrying costs while you work through county approvals, plan your development program, or simply wait for the right moment.

Property Features

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