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Versatile Commercial Property in Charlottesville

218 Ridge St, Charlottesville, VA

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For Sale

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

Type:SPECIALTY

Property size:

7,334 SF

Lot size:

0.22 Acres

Price / SF:

$194/SF

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.
Onsite parking provides convenience for customers, residents, or employees.
Potential to build up to 8 stories or 20 apartments, offering significant development opportunities.
Corner lot positioning provides excellent visibility from multiple directions.

We can help!

Listing Contact

Tim Carson

For Sale

Contact for pricing

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

Type:SPECIALTY

Property size:

7,334 SF

Lot size:

0.22 Acres

Price / SF:

$194/SF

Added:: Feb 5, 2025
Days on Market:: 494
Last Refresh:: May 20 at 9:47 pm

Property Features for 218 Ridge St

General Information

Standard status: Active
Size: 7,334 SF
Lot size: 0.22 Acres
Property subtype: SPECIALTY

We can help!

Listing Contact

Tim Carson

Listing agent Tim Carson License #0225198839[1829]

Listing office REAL ESTATE III, INC.

Listing date Feb 5, 2025

Source Moodyscre

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.

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.
Onsite parking provides convenience for customers, residents, or employees.
Potential to build up to 8 stories or 20 apartments, offering significant development opportunities.
Corner lot positioning provides excellent visibility from multiple directions.

Overview

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 Location Intelligence

Current Use by Public Records

Monticello Ridge Crossing ... Nursing Home

Suggested Use

Similar Places Nearby

Martha Jefferson House — Charlottesville, VA 22902
Joseph L Hall, MD — 1215 Lee St, Charlottesville, VA 22903
Monticello Ridge Crossing Fac — 218 Ridge St, Charlottesville, VA 22902
Jessica J Dreicer, MD — 1215 Lee St, Charlottesville, VA 22903
Daniel M. Becker, MD — 1222 Jefferson Park Ave 3rd Floor, Charlottesville, VA 22903

Location Insight

Map
Local Demand

City: Charlottesville
County: Charlottesville
State: Virginia
Longitude: -78.4856
Latitude: 38.0289

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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.

218 Ridge St, Charlottesville, VA

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

Property Features for 218 Ridge St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Retail Building on Seminole Trail

Residential Income Duplex Opportunity

Remodeled Side-by-Side Duplex

Duplex With In-Unit Laundry

Two-Unit Brick Income Duplex

Zoned Duplex with Expansion Potential

Remodeled Duplex with Fenced Yard

Two-Unit Residential Income Property

Turnkey Restaurant Opportunity on Fontaine

First-Floor 2BR/2BA Condo

Medical Office Condo For Sale

Fontaine Avenue Income Property

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