Introducing this exceptional Commercial property at 490 Westfield Rd, Charlottesville, VA 22902. This free-standing building is situated in the highly sought-after Albemarle County location and encompasses over 11,783 square feet of leasable space, with 4 distinct rental spaces, sitting on a one-acre lot. Priced at $3,100,000, this property is an excellent investment opportunity that offers great potential for growth.
The building is zoned C-1 and currently hosts multiple commercial leases, providing a steady income stream. The zoning allows for various uses making it an ideal location for service businesses or retail establishments seeking high visibility. The property boasts ample parking spaces ensuring convenience for all visitors and employees alike. Currently leased with monthly rents of about $18,000 per month.
One of the key highlights of this property is its strategic central location just minutes away from the University of Virginia and located in the shopping and service area of U.S Rt. 29/Seminole Trail. This proximity opens up a plethora of opportunities to cater to a diverse range of clientele.
Furthermore, this retail location benefits from excellent visibility from the Highway, enhancing its accessibility and drawing in more potential customers. Currently leased to Face Value Hair Salon, Offices for the Center Church, Hookaholic Vape Shop and Storage spaces for contractors or vendors.
Charlottesville itself is a vibrant city filled with amenities that add value to this property's location. It offers a rich cultural scene with art galleries, theaters, and music venues close by. Outdoor enthusiasts will appreciate the easy access to parks and recreational areas for hiking, biking or simply enjoying nature's beauty.
In summary, 490 Westfield Rd presents an incredible opportunity for investors looking to capitalize on a versatile commercial property in an outstanding location within Charlottesville. With its extensive square footage, flexible zoning options and convenient features such as ample parking - not forgetting its prime position near the university and visible from the US Highway - this property truly stands out as a remarkable offering on today’s market.