Three-Parcel Development Opportunity - 2112, 2114 & 2116 W Cary Street, Richmond, VA
Rare opportunity to acquire three contiguous parcels along highly visible West Cary Street, located just steps from VCU, Carytown, and the Fan District. Zoned R-63, this property offers flexibility for medium-density residential development with the potential for limited mixed-use commercial to serve neighborhood residents. The intent of R-63 is to encourage a pedestrian-oriented urban environment with minimal setbacks, active street frontage, and a cohesive residential character, while allowing neighborhood-serving retail or office on select sites.
This site is ideally positioned for townhomes, apartments, or residential-over-retail concepts designed to take advantage of the strong demand for walkable housing near Richmond's core employment and entertainment districts. West Cary Street is a proven corridor for infill projects, supported by strong rental absorption, nearby university population, and access to shopping, dining, and major roadways.
Highlights:
Addresses: 2112, 2114, 2116 W Cary Street
Zoning: R-63 (Residential - Medium Density w/ mixed-use potential)
Location: Walkable to VCU, Carytown, the Fan & Downtown Richmond
Urban setting with strong rental demand & redevelopment momentum
This is a prime opportunity for developers and investors to create a signature project in one of Richmond's most dynamic neighborhoods.
