Investment Overview
Commercial development parcel near Whole Foods and Route 29 surrounded by major retailers. Available by right for most uses including multi-family, retail, restaurant, office. For multi-family, can do up to 10 stories by-right.
Investment Highlights
- Central Virginia’s top commercial corridor
- In Charlottesville, national and regional retailers consistently outpace their national averages in sales per square foot
- Charlottesville has a modern regional airport with direct flights to Chicago, New York, and Atlanta, as well as access to surrounding cities via I-64 and Rt 29
- Charlottesville was voted #2 Best College Town by Southern Living in 2020 and #5 in the Top 100 Best Places to Live in America by Livability in 2017
- UVA is rated the #4 Top Public University and the #7 US undergraduate business school with 34,250 students, faculty and staff
- Total UVA expenditures impact on local economy is approximately $1 Billion
- See agent for details and pricing