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    Versatile Commercial Property in Charlottesville
    Updated: Jul 16, 2025
    Versatile Commercial Property in Charlottesville

    218 Ridge St, Charlottesville, VA 22902

    Contact for pricing
    7,800 sqft
    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.
    Onsite parking provides convenience for customers, residents, or employees.
    Potential to build up to 8 stories or 20 apartments, offering significant development opportunities.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 35 Potential Opportunities for your consideration. Besides 1 Active listings in Charlottesville, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 30 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Former Assisted Living Facility For Sale
    Former Assisted Living Facility For Sale

    218 Mill Rd, Woodstock, VA 22664

    $985,000
    8,608 sqft

    Former assisted living facility in Woodstock, VA, suitable for redevelopment.

    View details
    Silver Spring Rehabilitation Center Opportunity
    Silver Spring Rehabilitation Center Opportunity

    2601 Bel Pre Road, Silver Spring, MD 20906

    $7,500,000
    30,000 sqft

    30,000 SF former health & rehabilitation center on 3.82 acres.

    View details
    Former Assisted Living Facility
    Former Assisted Living Facility

    218 Mill Road, Woodstock, VA 22664

    $985,000
    8,600 sqft 1.40 AC lot

    Investment opportunity in Woodstock, VA. Turn-key facility.

    View details
    Land and Residential Redevelopment Opportunity
    Land and Residential Redevelopment Opportunity

    133 Bonifant Rd, Silver Spring, MD 20905

    $987,500

    Almost 2 acres suitable for churches, assisted living, or redevelopment.

    View details

    Off-Market Properties in Charlottesville, VA

    Consider similar Off-Market properties in Charlottesville, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    343 Archer Ave
    HOMES (RETIRED, NURSING)

    343 Archer Ave, Charlottesville, VA 22911-5620

    Estimated value:
    $33,470,000
    175,683 sqft 5.52 AC lot
    View details
    250 Nichols Ct
    HOMES (RETIRED, NURSING)

    250 Nichols Ct, Charlottesville, VA 22901-1435

    Estimated value:
    $43,795,000
    105,590 sqft 4.69 AC lot
    View details
    505 Rio W Rd
    HOMES (RETIRED, NURSING)

    505 Rio W Rd, Charlottesville, VA 22901-1411

    Estimated value:
    $5,200,000
    40,053 sqft 11.67 AC lot
    View details
    1150 Nwnw Dr
    HOMES (RETIRED, NURSING)

    1150 Nwnw Dr, Charlottesville, VA 22901-2309

    Estimated value:
    $12,455,000
    15,284 sqft 4.64 AC lot
    View details
    1550 Pantops Mtn Pl
    HOMES (RETIRED, NURSING)

    1550 Pantops Mtn Pl, Charlottesville, VA 22911-8829

    Estimated value:
    $1,635,000
    99,662 sqft 3.85 AC lot
    View details
    490 Hillsdale Dr
    HOMES (RETIRED, NURSING)

    490 Hillsdale Dr, Charlottesville, VA 22901-5731

    Estimated value:
    $495,000
    10,368 sqft 3.81 AC lot
    View details
    515 Ray C Hunt Dr
    HOMES (RETIRED, NURSING)

    515 Ray C Hunt Dr, Charlottesville, VA 22903-2981

    Estimated value:
    $1,745,000
    60,380 sqft 3.93 AC lot
    View details
    491 Crestwood Dr
    HOMES (RETIRED, NURSING)

    491 Crestwood Dr, Charlottesville, VA 22903-4869

    Estimated value:
    $1,040,000
    66,783 sqft 3.62 AC lot
    View details
    222 Shamrock Rd
    HOMES (RETIRED, NURSING)

    222 Shamrock Rd, Charlottesville, VA 22903-3726

    Estimated value:
    $330,000
    3,286 sqft 0.44 AC lot
    View details
    1329 Riverdale Dr
    HOMES (RETIRED, NURSING)

    1329 Riverdale Dr, Charlottesville, VA 22902-4932

    Estimated value:
    $340,000
    9,192 sqft 0.64 AC lot
    View details
    218 Rdg St
    HOMES (RETIRED, NURSING)

    218 Rdg St, Charlottesville, VA 22902-5552

    Estimated value:
    $285,000
    11,578 sqft 0.22 AC lot
    View details
    517 Park St
    HOMES (RETIRED, NURSING)

    517 Park St, Charlottesville, VA 22902-4739

    Estimated value:
    $355,000
    6,503 sqft 0.23 AC lot
    View details
    501 Park St
    HOMES (RETIRED, NURSING)

    501 Park St, Charlottesville, VA 22902-4739

    Estimated value:
    $495,000
    8,152 sqft 0.36 AC lot
    View details
    250 Pantops Mtn Rd
    HOMES (RETIRED, NURSING)

    250 Pantops Mtn Rd, Charlottesville, VA 22911-8686

    Estimated value:
    $6,050,000
    160,621 sqft 55.78 AC lot
    View details
    112 Market St
    HOMES (RETIRED, NURSING)

    112 Market St, Charlottesville, VA 22902-5025

    Estimated value:
    $720,000
    22,176 sqft 0.31 AC lot
    View details
    1512 Market St
    HOMES (RETIRED, NURSING)

    1512 Market St, Charlottesville, VA 22902-5532

    Estimated value:
    $320,000
    4,538 sqft 0.91 AC lot
    View details
    1014 Market St
    HOMES (RETIRED, NURSING)

    1014 Market St, Charlottesville, VA 22902-5345

    Estimated value:
    $250,000
    4,228 sqft 0.21 AC lot
    View details
    2029 Lockwood Dr
    HOMES (RETIRED, NURSING)

    2029 Lockwood Dr, Charlottesville, VA 22911-5606

    Estimated value:
    $1,800,000
    67,793 sqft 1.25 AC lot
    View details
    1912 Lewis Mtn Rd
    HOMES (RETIRED, NURSING)

    1912 Lewis Mtn Rd, Charlottesville, VA 22903-2413

    Estimated value:
    $310,000
    2,816 sqft 0.22 AC lot
    View details
    1222 Jefferson Park Ave
    HOMES (RETIRED, NURSING)

    1222 Jefferson Park Ave, Charlottesville, VA 22903-3410

    Estimated value:
    $2,480,000
    59,220 sqft 0.79 AC lot
    View details
    751 Hillsdale Dr
    HOMES (RETIRED, NURSING)

    751 Hillsdale Dr, Charlottesville, VA 22901-3300

    Estimated value:
    $2,430,000
    114,235 sqft 6.95 AC lot
    View details
    500 Greenbrier Dr
    HOMES (RETIRED, NURSING)

    500 Greenbrier Dr, Charlottesville, VA 22901-1682

    Estimated value:
    $1,580,000
    45,812 sqft 1.94 AC lot
    View details
    1600 Gordon Ave
    HOMES (RETIRED, NURSING)

    1600 Gordon Ave, Charlottesville, VA 22903-1996

    Estimated value:
    $1,675,000
    53,758 sqft 2.98 AC lot
    View details

    Charlottesville, VA Senior Housing / Retirement Homes Market Trends and Statistics

    Explore 31 senior housing / retirement homes for sale in Charlottesville, VA on our real estate platform. These investment opportunities span a total of 7,800 square feet of properties for sale.

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    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Assisted living facilities 1

    Demographics Overview

    Population 126K
    Population Growth (5Y) +4.8%
    Median Household Income $94,549
    College Educated 46.4%

    Taxes & Financing

    Tax Rate (average for all types) 0.91%
    Property Tax per SF $5.44 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Albemarle County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Charlottesville fall within the 100,000+ square foot range.

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    • 22902

    Featured Charlottesville Real Estate Agencies

    Realmo connects you with licensed Charlottesville CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Sloan Manis Real Estate Partners
    415 Fourth Street NE Charlottesville, VA 22902
    Phone: 14342205656
    www.sloanmanis.com

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