The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-11-17
MARKED ACTIVITY IN
MAIN STREET REALTY
Several Big Transfers That Thorougharc Reported and
New High Record Established for Pricc-lnteresting
Franklin Street Deal Also-An Unusually Active Week
With Real Estate Egents

Interest in the activities OF the
most active week the Richmond real
estate world has experienced in
long time conferred the past week in
the extensive dealing in Main street
property. which established new
high record In one of the transy-
actions.
The most Interesting deal of the
lot was the transfer of the building,
No. slS East Main, known as the
Taylor & Brown building, from
Charles Milhiser to Raphael Levy. for
the sum of $15s,000. or $5.i72 a
front foot Just few weeks ago
the record price was established with
the sale of the sHanewinckel build
ing. which brought $4,000 a front
foot. but the later deal goes that
few better and is an evidence or how
Richmond property values are climb
ing. The Hanewinckel building IS ON
corner lot. too. with about the same
frontage. The Levy deal was really
contaminated a couple of weeks ago.
but did not leak out until Friday.
due to the characteristics of the real
estate agent not to tell all he knows.
Other Main Street Deals.
The deal was effected through the
Pollard a. Bagby agency. and the
same agents SOLD to X. l.. Barnes the
three stores--Nos. 7is, It's and f2e
East Main street--for 100000 or
$4,000 front foot The buildings
cover fifty feet on Main street and
run back Iss feet What the pur-
chaser's plans are have not been re-
vealed. Richmond Moore was the
former owner.
Another interesting deal. trans
ferring a store building on Main.
between Eleventh and Tweifth, was
also pulled off. this by Harrison 81
Bates. but the agents say details are
not ready for the public, IL Is whis-
perej that the property brought
$4,000, and was one of a number
amounting in the aggregate to
sST.5e0--in which this firm was In
terested.
Raab 4 Co, also negotiated Main
street deal. selling the three-story
brick store property at No 1871 East
Main street to c. d. B. Stern A. S.
Straus was the former owner. and
the property Is said TO have estab-
lished a new high record price for
that end OF Main street This enter
prising firm has several deals pend
ing In the same neighborhooj, but
they have not been closed Yet.
Big FRANKLIN Street IDEAL.
Another deal that leaked out was
interesting not only by reason Of the
price and other facts. but also for The
reason that II shows how Franklin
street business property is climb ng.
The big double brick residence. Nos.
70s-711 East Franklin. adjoining the
home OF the Virginia Historical So
ciety. was sold through the efforts OF
Pollard & Bagby. bringing In the
ueighhorhood Of S5s,oe9.
Those interested refused to name
the exact sum or give the name of the
purchaser. Everett Waddy j. Com
pany we're the owners of the building
1t was rufnored some time ago that
this building was TO be RACED and an
arcade store or Office building con-
structed on the site. The property has
large frontage and runs back to con-
siderable depth. 1t was formerly the
home OF the Young Women's Chris
tian association. There have been
several sales In this neighborhood re-
Gently and many improvements are
under way and contemplated. and real
estate men ascribe the activities of
the neigh borhood to the fact that that
block. which 10 graced by the railway
company's new skyscraper. Is to be
a terminal point for interurean cars.
A Very Active Week.
There were quite number OF deals
Of some proportions. and those who
didn't pull the big ones report an ac-
tive week. with satisfactory smaller
transa ctions and good inquiries and
line prospects.
The Bowles-J Jones company pulled
Off a $4,000 deal yesterday, but the
matter Is not in shape for the pub
lie. Golsan & Nash. w. NJ. Miller
a. Company. the Gtbboney- Suchois
company and. In fact all of the agents
approached had no complaints to
make.
Caolsan q Nash will move shortly to
No. IL North Eighth street. having to
abandon their present quarters at
Tenth and Main. when the present
structure il torn down to give place TO