Status
Available
CBRE is pleased to offer for sale 302-316 West Main Street in Charlottesville, consisting of .5 acres near the corner of Ridge Street and West Main In the heart of Charlottesville's thriving downtown district. This is an excellent redevelopment opportunity in one of Charlottesville’s more active submarkets. West Main Street is populated with an eclectic mix of businesses, restaurants and hotels and leads into the heart of the UVA campus. The Charlottesville area has a constant supply of highly educated recent graduates and has had several years of record breaking job growth. The Property is comprised of 2 parcels with one parcel containing a +/- 8,000 SF two-story building built in 1945 and the other containing a parking lot. Property is zoned WMEH. The Property has direct access to both Ridge and Main Streets. Strategically located within walking distance of the historic Downtown Mall and the University of Virginia’s main campus, the Property has redevelopment potential for a multitude of uses. The Downtown Mall is one of the most beautiful and successful pedestrian malls in the nation. It offers a wonderful mix of restored and renovated buildings that typify small "downtowns" throughout the country and can now be seen by visitors as they enjoy shopping, dining and visiting along the brick-paved pedestrian area. The Sprint Pavilion located at the eastern end of the Downtown Mall hosts local and national performing artists. • Surrounded by residential, retail, office and entertainment venues in a vibrant urban area • The Property, in a very walkable location is bookended by the University of Virginia campus and UVA Hospital complex to the west and Downtown Charlottesville to the east in a very walkable location • Dynamic Live/Work/Play location • Easy access to I-64 and located approximately 100 miles southwest of Washington D.C. and 70 miles northwest of Richmond • Limited development opportunities in the City
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