406 W Main St - Residential LAND FOR SALE


Charlottesville, VA 22903- Starr Hill23,522 SF
$3,765,000 USD
434-960-6464
406 W Main St, Charlottesville, VA for Sale
$3,765,000 USD
Residential LAND - FOR SALE
1/2
23,522 SF

406 W Main St
Charlottesville, VA 22903
Starr Hill


HIGHLIGHTS

  • Charlottesville Infille
  • Walk to UVA
  • Walk to Downtown Mall

OVERVIEW

3 prime W. Main infill parcels. Existing lease in place generating $10,000/month until 9/1/2027. Rare development opportunity with new CX-5 zoning. Five stories by right. Up to 7 stories with bonus for additional affordable units. No density restrictions. Walk to UVa and Historic Downtown Mall. Initial conversation with City regarding the abandonment of the 4th St extension. Potential for connecting all of these parcels. Ability to build 105 one and two BR units with parking underneath and additional surface parking.

FOR SALE DETAILS

PRICE

$3,765,000 USD

PRICE/ACRE

$6,972,341/AC

PRICE/SF

$160 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

332, 406, & 408 W Main St.

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Retail, Mixed Use

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

-

ASK ABOUT THIS PROPERTY

John O'ConnellO’Connell Realty LLCMore Info
434-960-6464

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John O'ConnellO’Connell Realty LLCMore Info
434-960-6464

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