Circa-1900 home with wraparound porch and metal roof, most recently used as an office, offering a rare downtown Charlottesville development opportunity. Could become a distinctive residence, multifamily property, office, retail or mixed-use project. Street and alley access add flexibility, with potential for an ADU, garage, additional units and more. Zoned NX-8 (Node Mixed Use 8), the property offers substantial redevelopment flexibility. Permitted uses include residential, office, retail and other mixed-use/commercial uses. The NX-8 district has no maximum number of dwelling units per lot and no specified maximum building coverage. Base height is up to 8 stories/114 feet, with potential for up to 11 stories/156 feet through the applicable affordable-dwelling-unit bonus, subject to City requirements. Buildings may be located 0–10 feet from primary and side street lot lines, with no minimum side or rear setback and a 5-foot alley setback. At least 10% of the lot must be outdoor amenity space. Parking is prohibited in front and side-street yards but permitted in side and rear yards. An exceptional opportunity for redevelopment in a highly desirable Charlottesville location.
Listing courtesy of NEST REALTY GROUP.