The Richmond Virginian. (Richmond, Va.) 1910-1920, 1911-03-04
SALES ARE WELL
UP To AVERAGE
And Inquiries for Realty Con-
tinue Numerous. With Good
Prospects Ahead
BROAD ST. PROPERTY
IS SOLD FOR S4o,o 900
Building Operations Keep In
spector's Office Busy--oyn-
dicate is Preparing to
Erect Skyscraper

Fine bracing weather the past week
did not boost the realty situation as
much as the agents and operators
would have liked. However, business
10 far from being bad. they say, with
Inquiries still numerous and sales well
up to the average.
The tone OF the city market was
good and there was something dong
out In the suburban territory, though
IL is Just n bit early for active cpe-
rations In that section.
As for building operations. they are
booming on every hand, Inspector
. Beck's Office having put In one of
the busiest weeks of the new year.
Permits issz,ed from this office call
for construction OF a number of hand
some brick and frame homes, not to
mention several factories and other
business places.
Perhaps the most conspicuous real
ty transaction of the week that came
TO light was the sale of the building
and lot at 404 East Broad street oc-
cupied by Kirkwood's restaurant. This
property passed from Thomas r.
Jeffress TO James b. ELAN for the
sum of sac 600 cash. The property
fronts twenty-six feet on Broad street
between Fourth and Filth streets.
MIR. Elam states that tbs purchase
was solely for investment purposes.
Looking for New Homes.
II was said that the Young Wo-
mans Christian Association has ne
gotiations well under way for the
purchase OF q new home for Itself
though nothing is ready for publica-
ton at this date,-Fhe institution mas
had three propositions under consid-
Grafton. One piece OF property Is at
the soutsw est corner OF Second ana
Franklin streets. occupied by Mrs. G,
X. Bowers as a boarding house. This
belongs TO henry ). Wailergssin. who
wants seine ing like s2a,eeo for II.
Another piece under consideration Is
that at the southwest corner OF Thru
and Franklin streets. commonly
known as The Mount Vernon prop
{ erty. The owner of this property Is
John Il. Swartwoat. who gave $751;
. 600 for it last year and is holding
It for sa6,ou0. The property faces
81 feet on Franklin street and runs
hack a distance OF 152 feet along
Third street. The third site which
the association liz considering is To-
+ Gated rot many blocks distant from
these sites. it is stated. but its exact
location is not TO lie diVuissa ut this
time. At any rate. that Is what the
agent negotiating for the association
says.
The association must get out OF its
present home on Eighth street hear
Franklin ia June and IL viii likely
occupy temporary quarters for a
while. pending the expiration OF the
lease on whatever property 1t finally
. decided Ito purchase. ..--y,.>e. ~..v.-.
: sales Total $4,000.
Few of the agents had any specific
information TO give out when the man
of news called Saturday morning. In
fact. only agent was ready to tell the
!, real extent of his transactions. and he
was II. l.. Goisan. OF that enterpris-
Z irlg firm of Golsan & Nash. This firm
!. did business totaiing the exact fig-
ure of $4,000. the sales including
i. seven lots in Northampton. which
: brought s9,ieD, and n Grace street
! hcIne. which was, sold. for s9.5oo.
three dwellings In jackson Ward
/. were also included. They brought
$500, all told.
: v Out In Northampton there are
many evidences OF building activity.
Work OF construction on Ave new
homes In College Terrace are either
beginning or are under way. In Club
View forr homes are going Mp. and
work on three others will begin
shortly.
= peFpits reports to the contrary, II
4 y announced that no plans for Q new
4 p1ayhouse on the site Of the Academy
OF Music have been drawn. and It Ia
not likely that the old structure on
tnst site will be torn down At any
s time In TIE near future. Just where
Z the proposed new taeater for the
cath theatrical circuit is TO go up IL
rot disclosed. In IA =, i, In doubted
in some quarters whether there are
actually any plans on foot for erec-
ton OF new playhouse by this COM
pany In Richmond.
Gettaaag Ready for Skyscrapsr.
That the First National Bank sym
= dictate, which recently closed an op-
ton on the Chamber of Commerce
I building and site at the southwest
corner of Ninth and Main streets pro-
i poses to begin work at an early date
on the skyscraping building that is
to 60 UP on the site II evidenced by
the fact that the banking firm OF
John L. Williams q Sons. holding q
lease on the ground floor, have Jus,
agreed to move across Ninth street
into the front offices Of the Mutual
z building. They will probably occupy
q these Offices on April /. Arrange.
ments with other tenantSin the cham
Der building who hold leases beyond
April / are now being concluded. and
bly, CHARTERED else where ere the lapse
Of another month.
Some Of the building permits Is
: sued during the week are a. follows,
\; Purity Ice Cream Factory to ereci
&. Z three-stbry brick factory Mt II
South Jefferson street. to cost $26.-
600.
Charles B. Keppler and others. to
erect three three-story brick stores ri
21o-2l3-214 North Seventh street. tc
cost $4,000.
Nelson Manufacturing Company. "a
erect two-story brick factory on this
/ west side OF Fourteenth street be
4. tween BROAD and Ross streets, to cost
$4,000
Al w. Hawkins. to erect two two
story brick tenementG four dwell
tngs. on the south side OF Stuart ave-
i pni. betwesn Cedar snd Robinson
n ftfeotGs u cost ote,3o0.