Skip to content

601 Cherry AvenueCharlottesville, VA 22903

Charlottesville County

$3,200,000List price
1966Year built
0.65Acre lot
1Stories
7 months agoOn market

Description

This commercial property is ideally situated just a mile away from the hospital of UVA and mere minutes from the college of University of Virginia, ensuring high visibility and accessibility. Investment Opportunity: The lot is expandable, offering the potential for additional construction. It currently includes two commercial units, generating an impressive rental income of approximately $8000 per month. Key Features Expandable lot for future development Two existing commercial units Close proximity to healthcare facilities and prestigious university of UVA High foot traffic area with excellent visibility Strong rental income potential This property is a perfect investment for those looking to capitalize on a prime location in the City of Charlotesville. Don't miss out on this exceptional opportunity!

Property Information

Property type
Commercial Sale
Year built
1966
Stories
1
Lot size
0.65 acres
Ownership
Investment
Days on market
216
MLS® Listing#
2602745

Property Features

Heating
Electric · Forced Air · Heat Pump
Lot features
Level
Construction
Brick · Block
Sewer
Public Sewer
Parcel number
290-233-100
Central Virginia Regional MLS logo

Listing Courtesy: ERA Woody Hogg & Assoc - 8045594644

Presented by: Travis Kidd

All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are Copyright © 2026 Central Virginia Regional Multiple Listing Service, LLC. All Rights Reserved.

Last Updated: 2026-03-02

Connect with a Local Real Estate Expert