946 Grady Ave Charlottesville, VA 22903
For Lease
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Dairy Central offers exceptional executive office space in a vibrant Charlottesville, VA location. This Class A property, originally built in 1937 and recently renovated, boasts 95,000 square feet of total space, with 4,162 square feet currently available. Units range from a minimum of 355 square feet to a maximum contiguous space of 3,200 square feet, perfect for businesses of various sizes. The building features 10' to 13' ceilings and ample parking with 28 structured spaces and 179 surface spaces. Conveniently located in Albemarle County, at 946 Grady Ave, Charlottesville, VA 22903, this property is situated within walking distance of downtown Charlottesville and the University of Virginia. Elevators are available for easy access to all floors. The property sits on a 5-acre lot and is part of a mixed-use development including retail and restaurant spaces, creating a dynamic and convenient work environment. This is a multi-tenant building offering a unique opportunity to establish a presence in a thriving urban district. The building's adaptive reuse of a historic facility adds to its character and appeal. Future phases of development include residential units and additional parking. This is an excellent opportunity to secure prime office space in a rapidly growing area.
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Citizen Burger Stand Restaurant
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Basta Pasta Take-out & Catering Catering Service
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Brigid & Bess (Bike/Boat/Book/etc) Store
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AmpUp Charging Station Electric Vehicle Charging Station
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MASHU FESTIVAL Restaurant
CX-3 Corridor Mixed Use 3 CX-5 Corridor Mixed Use 5 CX-8 Corridor Mixed Use 8 NODE MIXED USE NX-3 Node Mixed Use 3 NX-5 Node Mixed Use 5 NX-8 Node Mixed Use 8 NX-10 Node Mixed Use 10 DX Downtown Mixed Use INDUSTRIAL FLEX IX-5 Industrial Flex 5 IX-8 Industrial Flex 8 SPECIAL CM Campus CV Civic OVERLAY DISTRICTS -FHP Flood Hazard Protection -ADC Architectural…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CX-3 · Charlottesville, VACX-3 Corridor Mixed Use 3 CX-5 Corridor Mixed Use 5 CX-8 Corridor Mixed Use 8 NODE MIXED USE NX-3 Node Mixed Use 3 NX-5 Node Mixed Use 5 NX-8 Node Mixed Use 8 NX-10 Node Mixed Use 10 DX Downtown Mixed Use INDUSTRIAL FLEX IX-5 Industrial Flex 5 IX-8 Industrial Flex 8 SPECIAL CM Campus CV Civic OVERLAY DISTRICTS -FHP Flood Hazard Protection -ADC Architectural Design Control -IPP Individual Protected Properties -HC Historic Conservation -EC Entrance Corridors -NC Core Neighborhood Corridors 2-1 CHARLOTTESVILLE, VA | CHAPTER 34 - DEVELOPMENT CODEADOPTED | DECEMBER 18, 2023 ARti Cl E 2. ZONING DISTRICTS Div. 2.1. Opening Provisions . . . . . . . . . . . . . . . . . . . . . . . . . . 2-3 2.1.1. How to Use this Article.......................... 2-3 2.1.2. Applicability ................................... 2-4 Div. 2.2. Residential .................................. 2-6 2.2.1. Summary of Districts ........................... 2-6 2.2.2. R -A Residential A .............................. 2-8 2.2.3 . RN-A Residential Core Neighborhood A.......... 2-10 2.2. 4. R-B Residential B.............................. 2-12 2.2.5 . R-C Residential C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2-14 Div. 2.3. Residential Mixed Use....................... 2-17 2.3.1. Summary of Districts .......................... 2-17 2.3 .2. RX-3 Residential Mixed Use 3 ................... 2-18 2.3 .3. RX-5 Residential Mixed Use 5 ................... 2-20 Div. 2.4. Corridor Mixed Use ......................... 2-23 2.4.1. Summary of Districts .......................... 2-23 2. 4.2. CX-3 Corridor Mixed Use 3..................... 2-2 4 2.4.3. CX-5 Corridor Mixed Use 5..................... 2-26 2. 4.4. CX-8 Corridor Mixed Use 8..................... 2-28 Div. 2.5. Node Mixed Use ............................ 2-31 2.5.1. Summary of Districts .......................... 2-31 2.5 .2. NX-3 Node Mixed Use 3 ....................... 2-32 2.5 .3. NX-5 Node Mixed Use 5 ....................... 2-34 2.5 .4. NX-8 Node Mixed Use 8 ....................... 2-36 2.5 .5. NX-10 Node Mixed Use 10 ..................... 2-38 2.5 .6. DX Downtown Mixed Use ...................... 2-40 Div. 2.6. Industrial Flex .............................. 2-43 2.6.1. Summary of Districts .......................... 2-43 2. 6.2. IX-5 Industrial Flex 5........................... 2-44 2. 6.3. IX-8 Industrial Flex 8........................... 2-46 2-2
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
