301 7th St Sw, Charlottesville, VA 22903

$3,500,000
1,160
SqFt

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List Price
$3,500,000
Status
ACTIVE
MLS#
660398
Price Change
▲ $100,000 1760640044
Living Area
1,160
Lot Size
4,791
Year Built
1961
Subdivision
Fifeville
Region
Charlottesville

Property Description

Now including adjacent vacant lot, perfect for parking! Endless possibilities with recent zoning changes! Great opportunity to purchase 2 buildings in amazing location between UVA and Downtown Mall! Currently 2 warehouse spaces, 4 apartments, Offices! Zoned R-B. Two separate parcels, each has full R-B potential: allows up to 6 dwelling units per lot so 18 unit potential if meet City guidelines. Potential for additional units (beyond 6 per building) if meet guidelines. Also, current use is non-conforming which allows additional possibilities including commercial and warehouse use right in the middle of Charlottesville! Flex space is perfect for owner occupant. Perfect office/shop/warehouse space with additional rental units. Owners are licensed VA Real Estate Broker and licensed VA Real Estate Sales Person.

Additional Information

Heating
Natural Gas
Water
Public
Sewer
Public Sewer
Elementary School
Summit
Middle School
Charlottesville Middle
High School
Charlottesville

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Calculator source: Real Geeks

Listing courtesy of THE NEW HOUSE COMPANY.