834 Monticello Road presents a rare opportunity to acquire the historic Belmont Market Building in the heart of Charlottesville’s Belmont neighborhood. This property offers a fully designed adaptive reuse plan, currently envisioned as an 8-unit boutique hotel with a street-front wine bar. Situated on a prime corner lot, the site benefits from CX-3 zoning, allowing for by-right expansion and additional density. The property’s location provides exceptional connectivity, just steps from some of Charlottesville’s most acclaimed restaurants and within walking distance to the Downtown Mall. Investors can leverage existing plans or pursue alternate uses, capitalizing on the area’s strong demand for hospitality, retail, and mixed-use concepts. With renovations scheduled to commence in 2025, this asset offers significant upside potential in one of the city’s most vibrant and walkable districts.