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.
| Listing Id: | 2618064 |
|---|---|
| List Price: | $1,495,000 |
| Property Type: | Commercial Sale |
| Property Sub Type: | Townhouse |
| Status: | Active |
| Lot Size Acres: | 0.36 |
| Waterfront?: | No |
| City: | Richmond |
| Postal Code: | 23220 |
| Year Built: | 1910 |
| Basement Yn: | No |
| Building Features: | SingleTenant |
| Levels: | Two |
| Listing Agreement: | ExclusiveRightToSell |
| Lot Size Area: | 0.36 |
| Lot Size Units: | Acres |
| MLS Area Major: | 10 - Richmond |
| Original List Price: | $1,495,000 |
| Ownership: | Investment |
| Parcel Number: | W000-0942-029 |
| Possession: | CloseOfEscrow, Negotiable |
| Postal Code Plus4: | 5217 |
| Rooms Total: | 8 |
| Sewer: | PublicSewer |
| State Or Province: | VA |
| Stories: | 2 |
| Stories Total: | 2 |
| Property Sub Type Additional: | Townhouse |
| County Or Parish: | Richmond City |
| Country Subdivision: | 51760 |
| Record Signature: | 661,273,461 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:51760:W000-0942-029 |
Listing Courtesy of: Option 1 Realty
(804) 332-1398
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All or a portion of the multiple Listing information is provided by the Central Virginia Regional MLS, from a copyrighted compilation of Listings. All Central Virginia Regional MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional MLS. All rights reserved.
Central Virginia Regional MLS data last updated on October 08, 2026 06:12 PM - ET
Property Last Updated: October 08, 2026 06:12 PM - ET
















