601 Cherry Avenue , Charlottesville, VA 22903

$3,200,000
  • 601 Cherry Avenue , Charlottesville, VA 22903 Main Photo

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Bob Shanks
Call: (804) 920-1290

New to the Market Active
MLS#2602745
STATUSActive PROPERTY TYPECommercial - Business

Property Description

This commercial property is ideally situated just a mile away from the hospital of UVA and mere minutes from the college of University of Virginia, ensuring high visibility and accessibility. Investment Opportunity: The lot is expandable, offering the potential for additional construction. It currently includes two commercial units, generating an impressive rental income of approximately $8000 per month. Key Features Expandable lot for future development Two existing commercial units Close proximity to healthcare facilities and prestigious university of UVA High foot traffic area with excellent visibility Strong rental income potential This property is a perfect investment for those looking to capitalize on a prime location in the City of Charlotesville. Don't miss out on this exceptional opportunity!

Property Features

Property Type: Commercial - Business
Heating: Electric, Forced Air, Heat Pump
Lot Size: 0.65 Acres
Stories: 1.0
Year Built: 1966

Feature Descriptions

Building Features: Multi-Tenant
Days on Site: 3
Exterior: Brick, Block
Lot: Level
Parcel#: 290-233-100
Sewer: Public Sewer
Topography: Level
Water: Community/Coop

Listed By / Shown By

Listed By

Agency Name: ERA Woody Hogg & Assoc

Shown By

Agent Name: Bob Shanks
Agent Phone: (804) 920-1290
Agency Title: Napier Realtors ERA

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