701 N Main St Culpeper, VA $ 2,750,000
701 N Main St
$ 2,750,000
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701 N Main St

Culpeper, VA, 22701
$ 2,750,000
Baths0.0

Monthly Estimate*

$ 19,210

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Studio

Lots and Land for sale in Culpeper, VA

for $2,750,000. The lot size is 1.72.

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 ... Nor

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Lots and Land Active

Price

$ 2,750,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 609

Style

Lot Size

1.72

Town/City

Culpeper

County/Region

Culpeper

MLS | Web ID

69009

Features
General
Possession Settlement
Water Public Water
current use Vacant
Gas Y/N Natural Gas Available
Status Active Active
Electric Underground
View Mountain View
Class LAND
Type Other
Green Features No
HOA No
Tax Year 2022
AVM Yes
Subdivision VA
Area Culpeper
Primary City Culpeper
Directions From Davis & Main: North on Main Street through stop light (at 522/Evans/Sperryville Pike) to Property on Right.
City CULPEPER
Taxes 609
Street Name MAIN ST
DOM 118
Postal Code 22701
Price Per Sq Ft 1598837.21
Coming Soon 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 d
Cable/Internet Available Cable
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Exterior
Sewer/Septic Public Sewer
Lot Size Area 1.72
Land Description Clear Cut Open
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* Excluded Features
List By
Long & Foster Real Estate, Inc.

Broker

philip@thorntonrealtors.com

Email

Affordability Calculator

$19,260
Per Month
100%
0%
0%
Monthly Principal & Interest
$19,210
Monthly Property Taxes
$51
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
808124 Elementary School
807970 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/29/2023$2,750,000 Listed Price

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701 N Main St, Culpeper, VA, 22701 is a Lots and Land for sale at $2,750,000 with a lot size of 1.72. 701 N Main St is a studio with 0.0 baths. The property's zip code is 22701 which is in Culpeper, VA