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218 Ridge St Charlottesville, VA 22902

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For Sale
$1,425,000

Spacious property with mixed-use zoning in downtown Charlottesville, Virginia.

Property size:
7,334 SF
Lot size:
0.22 Acres

Property Features for 218 Ridge St

General Information

Size
7,334 SF
Lot size
0.22 Acres

Source: REAL ESTATE III, INC. Agent Tim Carson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Versatile Commercial Property in Charlottesville

Located in downtown Charlottesville, VA, 218 Ridge Street offers 11,578 square feet of space. The property is zoned Commercial Mixed Use (NX-8), allowing for a range of uses. Its location on the Entrance Corridor and proximity to the Downtown Mall provide potential buyers with an opportunity to leverage its location. The building features one level with a fully finished basement and is positioned on a corner lot, providing visibility from multiple directions. Onsite parking is available. Currently leased on a month-to-month basis as an Assisted Living Facility, the flexible zoning allows for potential conversion into offices, retail spaces, or residential units. The zoning area is designed for Moderate Mixed use, encouraging pedestrian-friendly storefront environments. The site allows for up to 8 stories. There is potential to build 20 apartments on this site, or expand and continue the use of the living facility and add more stories of space. The property size is 7,334 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Monticello Ridge Crossing ... Assisted Living Facility

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Martha Jefferson House, Joseph L Hall, MD, Monticello Ridge Crossing Fac, Jessica J Dreicer, MD, Daniel M. Becker, MD

Location Insight

  • Map
  • Local Demand
City
Charlottesville
County
Charlottesville
State
Virginia
Longitude
-78.4856244
Latitude
38.0288874

FAQs

What type of property is this?
Assisted living facility - Spacious property with mixed-use zoning in downtown Charlottesville, Virginia.
Where is this assisted living facility located?
The property is located at 218 Ridge St Charlottesville, VA.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: - Prime downtown Charlottesville location on the Entrance Corridor, near the Downtown Mall, offering high visibility and accessibility.; - Versatile Commercial Mixed Use (NX-8) zoning allows for a wide range of uses including offices, retail, residential, or continuation as an Assisted Living Facility.; - Substantial **11,578 sq ft property with a fully finished basement**, providing ample space for various business or residential needs.
More about this property
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