Versatile Commercial Property in
For Sale
Contact for pricing
Pending
218 Ridge St, Charlottesville, VA 22902
Spacious property with mixed-use zoning in downtown Charlottesville, Virginia.
Property Size7,800 SF
Days on Market425
Property Features for 218 Ridge St
General Information
Standard status
Pending
Size
7,800 SF
Class
C
Total Parking Spaces
7
Property subtype
Office
Zoning
WMEH
Building Details
Year Built
1983
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Real Estate III
Listed By:
Tim Carson · License #VA 0225198839
(434) 465-0846
Source:
Crexi
Added: Jul 16, 2025
Changed: Sep 10
Last Checked: Sep 12 at 4:11AM
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
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
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,514
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 22902, VA
22,457
Population
12,134
Households
1.9
Avg Household Size
37
Median Age
57%
College-Educated
92%
High-School Grad
64.3 sq mi
ZIP Area
349
Density / Sq Mi
$91,162
Median Household Income
$52,555
Median Earnings
$1,572
Median Rent
$392,800
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Monticello Ridge Crossing Fac — 218 Ridge St, Charlottesville, VA 22902
- Martha Jefferson House — Charlottesville, VA 22902
- Joseph L Hall, MD — 1215 Lee St, Charlottesville, VA 22903
- Jessica J Dreicer, MD — 1215 Lee St, Charlottesville, VA 22903
- Daniel M. Becker, MD — 1222 Jefferson Park Ave 3rd Floor, Charlottesville, VA 22903
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.
