601 Cherry Ave Charlottesville, VA 22903

Building Details

Year Built 1966

Listing Agency: ERA Woody Hogg and Asociates t***@erawoodyhogg.com Show Phone

Listed By: Travis Kidd · License #0225257990 Show Phone

Source: Elliman

Added: Apr 24 Changed: Jul 10 Last Checked: Jul 29 at 9:20AM

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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 ERA Woody Hogg and Asociates

Investment Insights

Based on property information with market context.

This commercial property is located approximately one mile from the University of Virginia hospital and a short distance from the University of Virginia. The lot is expandable, offering the potential for additional construction. The property includes two commercial units, generating a rental income of approximately $8000 per month. The location provides high visibility and accessibility. The property is located in a high foot traffic area.

Key Highlights

• High rental income of approximately $8000 per month.
• Expandable lot allows for future development and increased investment potential.
• Prime location: close proximity to UVA hospital and the University of Virginia.

Property Analytics

Property Profile Location Intelligence

Current Use

NY Fashions (Bike/Boat/Book/etc) Store

Suggested Use

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

Zoning and permitted uses should be independently verified with authorities.

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Frequently Asked Questions

What type of property is this?

Retail space - Expandable commercial property near UVA with strong rental income.

Where is this retail space located?

The property is located at 601 Cherry Ave Charlottesville, VA.

What is the asking price?

The asking price for this property is $3,200,000.

What are key features of this property?

This property features: High rental income of approximately $8000 per month.; Expandable lot allows for future development and increased investment potential.; Prime location: **close proximity to UVA hospital and the University of Virginia.**