201 N Randolph St, Lexington, VA 24450

The historically significant Sheridan House, an incredible restoration opportunity overlooking downtown Lexington, W&L University, and the VMI Post, is once again available! Built in 1893 for local businessman and entrepreneur John Sheridan, this Queen Anne mansion was converted to apartments decades ago, but in 2016 was devastated by smoke, fire, and water damage. Despite the lack of a roof, the structure remains in restorable condition, with numerous original features still intact. R-1 zoning allows single-family or duplex dwellings on each of the 2 lots included at this price. Per city zoning ordinance, other by-right and conditional uses are possible. Debris removal was begun; but property remains in hazardous condition. Candidate for rehabilitation tax credits. Offered AS IS/WHERE IS.