332-408 W Main St - Residential LAND FOR SALE


Charlottesville, VA 22903- Starr Hill23,522 SF
$3,765,000 USD
434-818-7788
332-408 W Main St, Charlottesville, VA for Sale
$3,765,000 USD
Residential LAND - FOR SALE
1/4
23,522 SF

332-408 W Main St
Charlottesville, VA 22903
Starr Hill


HIGHLIGHTS

  • 0.54 acres ± with exceptional frontage on W. Main Street, ensuring maximum brand exposure and constant foot/vehicular traffic
  • One of the last remaining development opportunities in the heart of Downtown Charlottesville
  • Ability to build 7 stories over parking for a total of 105-one-and-two-bedroom units with additional surface parking
  • No density restrictions, 5 stories by right with up to 7 stories
  • Positioned on the primary artery connecting the 30,000+ students and faculty at UVA to the thriving business district of Downtown Charlottesville

OVERVIEW

322–408 W Main Street is a 0.54-acre prime development site in Downtown Charlottesville offering exceptional frontage on a high-traffic corridor, maximizing visibility and exposure. Located at a signalized intersection along the main route connecting UVA’s 30,000+ students and faculty to the downtown business district, it represents one of the last major development opportunities in the area. The property allows for up to 7 stories (5 by right) with no density restrictions, supporting a potential 105-unit residential project with additional parking, plus incentives for including affordable housing.

FOR SALE DETAILS

PRICE

$3,765,000 USD

PRICE/ACRE

$6,972,222/AC

PRICE/SF

$160 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Mixed Use, Multi-Family, Apartment Units

LAND ACRES

0.54 AC

LAND SF

23,522 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

CX-5

APN/PARCEL ID

290013000,290016000,29014000

ASK ABOUT THIS PROPERTY

Sam OrrMacKenzie Commercial Real Estate Services, LLCMore Info
434-818-7788

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Sam OrrMacKenzie Commercial Real Estate Services, LLCMore Info
434-818-7788

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.