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Prime West Main Infill Parcels
For Sale
$3,765,000

332-408 W Main Street, Charlottesville, VA 22903

Rare development opportunity near UVa and Historic Downtown Mall.

Property SizeContact for details
Days on Market318

Property Features for 332-408 W Main Street

General Information

Standard status Active
Property subtype Land, Multi-Family, Office, Retail
Zoning CX-5 (Corridor Mixed Use)
Listing Agency: MacKenzie Commercial Real Estate | Charlottesville
Listed By: Sam P. Orr
Source: Mackenziecommercial
Added: Nov 24, 2025 Changed: Oct 2 Last Checked: Oct 7 at 8:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MacKenzie Commercial Real Estate | Charlottesville

Investment Insights

Based on property information with market context.

These prime infill parcels are located on West Main Street. An existing lease generates $10,000 per month until September 1, 2027. The new CX-5 zoning allows for development up to five stories by right, and up to seven stories with a bonus for additional affordable units. There are no density restrictions. The property is located within walking distance of the University of Virginia and the Historic Downtown Mall.

Key Highlights

  • Existing lease generating $10,000/month until 9/1/2027.
  • Rare development opportunity with new CX‑5 zoning.
  • Five stories by right, up to 7 stories with bonus for affordable units.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Florist Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,883
Businesses Nearby

Demographics for 22903, VA

42,170
Population
17,642
Households
2.4
Avg Household Size
28
Median Age
65%
College-Educated
95%
High-School Grad
69.0 sq mi
ZIP Area
611
Density / Sq Mi
$64,352
Median Household Income
$33,607
Median Earnings
$1,479
Median Rent
$510,500
Median Home Value
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Frequently Asked Questions

What type of property is this?
Land - Rare development opportunity near UVa and Historic Downtown Mall.
Where is this land located?
The property is located at 332-408 W Main Street Charlottesville, VA.
What is the asking price?
The asking price for this property is $3,765,000.
What are key features of this property?
This property features: Existing lease generating $10,000/month until 9/1/2027.; Rare development opportunity with new CX‑5 zoning.; Five stories by right, up to 7 stories with bonus for affordable units.
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