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Kate Lucas

katelucasrealestate@gmail.com +1(804) 400-3063

$ 3,500,000

Est. payment -/mo

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Active

301 SW 7TH ST Charlottesville, VA 22903

1,160 SqFt

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 1,160 sqft

Price per Sqft $3,017

Subdivision Fifeville

MLS Listing ID 660398

HOA Y/N No

Year Built 1961

Annual Tax Amount $6,981

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Apartment

Property Description

Now including adjacent vacant lot, perfect for parking! Endless possibilities with recent zoning changes! Great opportunity to purchase 2 buildings in amazing location between UVA and Downtown Mall! Currently 2 warehouse spaces, 4 apartments, Offices! Zoned R-B. Two separate parcels, each has full R-B potential: allows up to 6 dwelling units per lot so 12 unit potential if meet City guidelines. Potential for additional units (beyond 6 per building) if meet guidelines. Also, current use is non-conforming which allows additional possibilities including commercial and warehouse use right in the middle of Charlottesville! Flex space is perfect for owner occupant. Perfect office/shop/warehouse space with additional rental units. Owners are licensed VA Real Estate Broker and licensed VA Real Estate Sales Person.

Location

State VA

County Charlottesville

Zoning Medium Density Residentail District

Direction Main Street, South on 7th Street SW, property on right

Interior

Heating Natural Gas

Cooling Central Air

Fireplace No

Exterior

Utilities Available Cable Available

Water Access Desc Public

Road Frontage Public Road

Building

Dwelling Type High Rise

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Summit

Middle Schools Walker & Buford

High Schools Charlottesville

Others

Tax ID Parcel Number: 300024000

Listed by THE NEW HOUSE COMPANY