Renovation Project. This single-family property is situated in Richmond's Manchester neighborhood which has seen incredible growth in the past several years. As more and more people are choosing to reside in this neighborhood, development of commercial and multifamily properties has also significantly increased. 1109 Bainbridge was originally constructed in 1886 and features 4,086 SF of building area over two stories. Currently configured for single-family use, the property offers four bedrooms and three bathrooms with interior and exterior architectural details unique to its 19th Century construction. Given the rapid growth and popularity of the neighborhood, this listing offers unrivaled opportunity for an investor looking to develop a property for commercial or multifamily use. The large building area would easily accommodate a variety of configurations. However, the current zoning requirements of the R-63 Multifamily Urban zoning would likely necessitate special approval from the City under for a redevelopment scenario.
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