Two-Unit Storefront
For Sale
$3,200,000
601 Cherry Avenue, Charlottesville, VA 22903
CommercialSale, Charlottesville, VA
Property SizeContact for details
Lot Size0.65 Acres
Days on Market194
Property Features for 601 Cherry Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
CH
Lot features
Level
Subdivision
232 - Charlottesville
Standard status
Active
APN
290-233-100
Lot size
0.65 Acres
Taxes and HOA fees
Tax Description
LOT
Legal Description
LOT
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Heat Pump (Heating), Forced Air
Building Details
Year built
1966
Floors in Building
1
Building materials
Brick, Block
Listing Agency:
ERA Woody Hogg & Assoc · ERA Real Estate
(804) 559-4644
Listed By:
Travis Kidd · License #0225257990
(804) 387-2084
Added: Mar 2
Changed: Sep 12
Last Checked: Sep 12 at 6:06PM
MLS# 2602745
Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This storefront property includes two commercial units on a 0.65-acre parcel at 601 Cherry Avenue. The site is described as expandable for additional construction, while the existing units generate rental income. Building construction includes brick and block materials, with electric heating, heat pump, and forced-air systems. The property was built in 1966 and is served by public sewer.
The site is approximately one mile from the University of Virginia hospital and minutes from the University of Virginia campus. Its Charlottesville setting provides proximity to healthcare and higher-education facilities, with the property positioned along Cherry Avenue. The combination of existing commercial space and an expandable parcel creates a straightforward configuration for continued operation and future construction.
The site is approximately one mile from the University of Virginia hospital and minutes from the University of Virginia campus. Its Charlottesville setting provides proximity to healthcare and higher-education facilities, with the property positioned along Cherry Avenue. The combination of existing commercial space and an expandable parcel creates a straightforward configuration for continued operation and future construction.
Key Highlights
- Two commercial units on a 0.65‑acre parcel
- Expandable site described as suitable for additional construction
- Approximately one mile from the University of Virginia hospital
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,230
Businesses Nearby
45k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Hotels & Casinos 17%
Shops & Services 7%
Groceries 6%
McDonald's
Dining
26,847 visits/mo
0.5 miles
Residence Inn Charlottesville Downtown
Hotels & Casinos
3,383 visits/mo
0.4 miles
Exxon
Shops & Services
3,281 visits/mo
0.1 miles
Potbelly Sandwich Shop
Dining
2,626 visits/mo
0.4 miles
Virginia ABC
Groceries
2,559 visits/mo
0.3 miles
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
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Two commercial units near UVA and healthcare facilities occupy an expandable site suited for additional construction.
Where is this storefront property located?
The property is located at 601 Cherry Avenue 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: Two commercial units on a 0.65‑acre parcel; Expandable site described as suitable for additional construction; Approximately one mile from the University of Virginia hospital
