Commercial property in the heart of Belmont. Property consists of three city lots with a 3,420 sq ft commercial building on lots 1 and 2. Zoned CX-3 in the new city zoning ordinance. There is three phase electricity to the building. Level lot. The main level is currently a workshop and storage space. The second floor has been finished with a kitchenette, conference space and office. There is potential to finish the two concrete block bays and expand the second story above that space.
This is 17.4719 acres in the City of Charlottesville, Will Subdivide. 1 mile from the University of Virginia and 3 blocks from the Downtown Mall. Zoning allows buildings up to 101' tall and density up to 240 DUA; current zoning allows up to 751 dwelling units by-right. New proposed zoning NX-8 allows unlimited density up to 8 stories. This should be approved by June. Great opportunity for primary economic development, Tech Campus, superior mixed-use. The site currently carries approximately 177,000 sf of leased area with various opportunities for land development/redevelopment. Infill development opportunities are significant. Income and additional information available to serious inquiries by agreement. Call or email for additional information. Farmers' Market currently enjoys seasonal use of some open space at the site.
Commercial Exchange is a national commercial real estate marketplace powered by Catylist.
There was an error loading scripts required for this website to function.
Some parts of this website will not function correctly.