MichaelKane
MLS#2602745
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
This commercial property is ideally situated just a mile away from the hospital of UVA and mere minutes from the college of University of Virginia, ensuring high visibility and accessibility. Investment Opportunity: The lot is expandable, offering the potential for additional construction. It currently includes two commercial units, generating an impressive rental income of approximately $8000 per month. Key Features Expandable lot for future development Two existing commercial units Close proximity to healthcare facilities and prestigious university of UVA High foot traffic area with excellent visibility Strong rental income potential This property is a perfect investment for those looking to capitalize on a prime location in the City of Charlotesville. Don't miss out on this exceptional opportunity!
Property Features
Property Type: Commercial - Business
Heating: Electric, Forced Air, Heat Pump
Lot Size: 0.65 Acres
Stories: 1.0
Year Built: 1966
Feature Descriptions
Building Features: Multi-Tenant
Days on Site: 48
Exterior: Brick, Block
Lot: Level
Parcel#: 290-233-100
Sewer: Public Sewer
Topography: Level
Water: Community/Coop
Listed By / Shown By
Listed By
Agency Name: ERA Woody Hogg & Assoc
Shown By
Agent Name: Michael Kane
Agent Phone: (804) 551-1920
Agency Title: Kane Company Realty
Licensed Real Estate Firm and Agents in the Commonwealth of Virginia.
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601 Cherry Avenue | MLS# 2602745
This commercial property located at 601 Cherry Avenue, Charlottesville, VA 22903 is currently listed for sale with an asking price of $3,200,000. Search Charlottesville real estate on michaelkane.kanecompanyrealty.com today.