A half-acre web page on Hull Road not long ago marketed for much more than $1 million. (Mike Platania shots)
A relative newcomer to the Manchester progress scene has grabbed an additional piece of Hull Avenue.
Shakil Siddiqui of Potomac, Maryland, last thirty day period ordered 1114 Hull St. for $1.17 million, town house information display.
The web-site where the Lighthouse Diner after stood.
Siddiqui entered the Richmond market late previous calendar year with his purchase of the former Lighthouse Diner assets at 1228 Hull St. for $346,000 in the course of the first of quite a few federal government-authorized auctions of house tied to embattled area businessman Michael Hild.
The most up-to-date deal, which shut Sept. 24, presents Siddiqui a 50 percent-acre site housing only a 1,000-sq.-foot garage. The plot was most not too long ago assessed by the town at $430,000.
The seller in the deal was an entity tied to Michael Logan Jr., formerly of MGT Development. Austin Newman of S.L. Nusbaum represented Logan in the deal.
It’s unclear what Siddiqui’s designs are for the website. Attempts to arrive at him were being unsuccessful, and no designs have been filed with the city for 1114 Hull St. as of press time.
According to city land data, the two Hull Road parcels are the only land owned by Siddiqui’s obtaining entity, Hull Avenue Properties LLC.
A rendering of the combined-use project Shakil Siddiqui is performing on at the Lighthouse Diner web-site. (Courtesy city paperwork)
Siddiqui has not wasted a lot time obtaining to function on the former Lighthouse web site. About four months just after closing on the land, he filed strategies for a 24,000-square-foot mixed-use undertaking which includes two dozen residences on the site. The aged diner building has been demolished.