Versatile Commercial Property in
218 Ridge St Charlottesville, VA
For Sale
Contact for pricing
Spacious property with mixed-use zoning in downtown Charlottesville, Virginia.
Property Size7,334 SF
Lot Size0.22 Acres
Price / SF$194.30
Days on Market539
Property Features for 218 Ridge St
General Information
Standard status
Active
Size
7,334 SF
Lot size
0.22 Acres
Property subtype
SPECIALTY
Listing Agency:
REAL ESTATE III, INC.
(434) 465-0846
Listed By:
Tim Carson · License #0225198839
(434) 465-0846
Source:
Moodyscre
Added: Feb 5, 2025
Changed: Jul 6
Last Checked: Jul 21 at 7:02AM
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 REAL ESTATE III, INC.
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
Current Use
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Frequently Asked Questions
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.
