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Dairy Central Mixed-Use Urban District
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946 Grady Ave, Charlottesville, VA 22903

New mixed-use urban district with office, apartments, and market hall.

Space Size603 SF - 7,500 SF
Property Size95,000 SF
Days on Market2196

Property Features for 946 Grady Ave

General Information

Standard status Active
Size 603 SF - 7,500 SF
Class A
Total Parking Spaces 28
Property subtype Retail, Office

Building Details

Building Size 95,000 SF
Year Built 1937
Tenancy Multiple

Spaces For Lease

at 946 Grady Ave Contact us

Office Ground Level

Size
7,500 SF
Type
Office, Retail
Availability
Active
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Office Level 3

Size
3,200 SF
Type
Office, Retail
Availability
Active
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Retail Store 1

Size
2,145 SF
Type
Office, Retail
Availability
Active
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SUITE 370 SUBLEASE

Size
5,289 SF
Type
Office
Availability
Active
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Stall H

Size
603 SF
Type
Office, Retail
Availability
Active
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Listing Agency: Cushman & Wakefield Thalhimer - Charlottesville, Virginia
Listed By: Jenny stoner · License #VA
Source: Crexi
Added: Aug 18, 2020 Changed: Aug 14 Last Checked: Aug 21 at 10:08AM

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 Cushman & Wakefield Thalhimer - Charlottesville, Virginia

Investment Insights

Based on property information with market context.

Dairy Central is a new mixed-use urban district located within walking distance of downtown Charlottesville and the University of Virginia, at the corner of 10th Street and Preston Avenue. The centerpiece is the adaptive reuse of the historic 1937 Monticello Dairy facility. Dairy Central features 50,000 square feet of new Class A office space and 180 luxury apartments. Dairy Market, Charlottesville’s first destination Market Hall, is also located here. Dairy Market features local and regional restauranteurs, retailers, a craft brewery, and experiential retail. It serves as an amenity to onsite office and residential users, as well as Charlottesville and the surrounding region.

Key Highlights

  • Premier mixed‑use urban district within walking distance of downtown Charlottesville and the University of Virginia.
  • Features Dairy Market, Charlottesville’s first destination Market Hall with local and regional restauranteurs, retailers, and a craft brewery.
  • Adaptive reuse of the historic 1937 Monticello Dairy facility.

Property Analytics

Current Use

Citizen Burger Stand Restaurant Basta Pasta Take-out & Catering Brigid & Bess (Bike/Boat/Book/etc) Store AmpUp Charging Station Electric Vehicle Charging Station MASHU FESTIVAL Restaurant

Suggested Use

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,591
Businesses Nearby

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - New mixed-use urban district with office, apartments, and market hall.
Where is this mixed-use property located?
The property is located at 946 Grady Ave Charlottesville, VA.
What are key features of this property?
This property features: Premier mixed‑use urban district within walking distance of downtown Charlottesville and the University of Virginia.; Features Dairy Market, Charlottesville’s first destination Market Hall with local and regional restauranteurs, retailers, and a craft brewery.; Adaptive reuse of the historic 1937 Monticello Dairy facility.
(434) 234-8417 Call to check price and availability
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