9
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$3,200,000
Est. payment /mo
0.65 Acres Lot
Active
601 Cherry AVE Charlottesville, VA 22903
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2602745
Construction Status Approximate
HOA Y/N No
Year Built 1966
Lot Size 0.650 Acres
Acres 0.65
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!
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!
Location
State VA
County Charlottesville
Area 232 - Charlottesville
Interior
Heating Electric, Forced Air, Heat Pump
Exterior
Topography Level
Building
Lot Description Level
Building Description Brick,Block, Multi-Tenant
Story 1
Sewer Public Sewer
Water Community/Coop
Level or Stories One
Structure Type Brick,Block
Construction Status Approximate
Others
Tax ID 290-233-100
Ownership Investment
Listed by ERA Woody Hogg & Assoc
Nearby Locations
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