601 Cherry Avenue, Charlottesville, VA 22903 (MLS # 2602745)

Price $3,200,000
Status Active
Size n/a
Lot Size 28,314 sqft
Days on Market 2
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 Type(s): Commercial
Last Updated 3/2/2026 Year Built 1966
Community 232 - Charlottesville County Charlottesville

Additional Details

AREA 232 - Charlottesville
CONSTRUCTION Block, Brick
HEAT Electric, Forced Air, Heat Pump
INTERIOR MultiTenant
LOT 0.65 acre(s)
LOT DESCRIPTION Level
SEWER Public Sewer
STORIES 1
ZONING CH

Location

 

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Listed with ERA Woody Hogg & Assoc

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Last Updated: 3/4/26 2:50 AM PST

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