2223 India RdCharlottesville, VA 22901
- Retail properties
- 19,602 SF
Property Details for 2223 India Rd
- Lot size
- 0.45 AC
- Property size (Sq ft)
- 19,602 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
Description
This exceptional 0.45-acre lot in Charlottesville, VA, presents a unique value-add investment opportunity. Currently housing a 19,602 square foot Dunkin' storefront at 2223 India Rd, this Class B property is priced at $930,000 ($47.44/sq ft). The property's strategic location, situated between a former Kmart and a Sherwin Williams, offers significant visibility and accessibility. Zoned HW, a new city ordinance allows for the addition of office or residential floors, expanding development potential. The property's single-tenant occupancy provides a stable income stream, while the value-add potential unlocks significant future growth. This is an ideal site for a single retail tenant or a mixed-use development. The address is 2223 India Rd, Charlottesville, VA 22901. An additional address associated with the property is 2035 India Rd, Charlottesville, VA 22901. The legal ownership is 100 Zan Road, LLC.
Location Insight
- City
- Charlottesville
- County
- Albemarle
- State
- Virginia
- Latitude
- 38.0623
- Longitude
- -78.4895
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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