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Mixed-Use Flex Warehouse and Apartments
For Sale
$3,500,000

301 SW 7th Street, Charlottesville, VA 22903

Two-parcel property with warehouse, office, and apartments, plus an adjacent vacant lot for parking.

Property SizeContact for details
Days on Market650

Property Features for 301 SW 7th Street

General Information

Standard status Active
Property subtype Multi-family
Zoning R-B
Lease Term []

Additional Details

Multifamily Units 4

Building Details

Year Built 1961
Tenancy Multi
Listing Agency: THE NEW HOUSE COMPANY
Listed By: AMY MCLESKEY
Source: Deepcreeklake
Added: Nov 22, 2024 Changed: Sep 2 Last Checked: Sep 1 at 8:34PM

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 THE NEW HOUSE COMPANY

Investment Insights

Based on property information with market context.

The offering includes two buildings currently configured as two warehouse spaces, offices, and four apartments, with an adjacent vacant lot that can support parking. The property is described as having non-conforming current use, which the remarks indicate may allow additional possibilities under applicable rules.

The site is located between UVA and the Downtown Mall area in Charlottesville. It consists of two separate parcels, each noted as having full R-B potential, with the possibility of up to six dwelling units per lot if City guidelines are met.

For an owner-occupant, the existing flex setup can support an office/shop/warehouse operation while keeping rental units on-site. For developers, the two-parcel configuration and R-B pathway described in the remarks may support a residential buildout (up to the stated per-lot limit) if requirements are satisfied for additional units beyond the six-unit-per-lot threshold. Prospective buyers should confirm current zoning details, non-conforming use parameters, and development requirements with the City of Charlottesville and applicable authorities.

Key Highlights

  • Two‑parcel property including warehouse, office, and apartments, plus an adjacent vacant lot for parking
  • Year built: 1961
  • Current layout includes 2 warehouse spaces, 4 apartments, and offices

Property Analytics

Current Use

Flex space

Suggested Use

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

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

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,164
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two-parcel property with warehouse, office, and apartments, plus an adjacent vacant lot for parking.
Where is this flex space located?
The property is located at 301 SW 7th Street Charlottesville, VA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Two‑parcel property including warehouse, office, and apartments, plus an adjacent vacant lot for parking; Year built: 1961; Current layout includes 2 warehouse spaces, 4 apartments, and offices
More about this property
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