1101 East Market St - The Vue at Market Street 0.58 Acres of Commercial Land in Charlottesville, VA 22902
EXECUTIVE SUMMARY
- 85 to 100 Units proposed (10 affordable units)
- 90 parking spaces
- 29k sq ft land (+/- 0.584 acres)
- Zoning CX-5
- 15' or 40' lot width (min)
- No density restrictions
- 5 stories / 72' height (max)
- 275' building width (max)
PROPERTY FACTS
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.58 AC |
| Zoning | CX-5 - 15' or 40' lot width (min) No density restrictions 5 stories / 72' height (max) 275' building width (max) |
1 LOT AVAILABLE
Lot
| Lot Size | 0.58 AC |
Colliers is pleased to offer the sale of 1101, 1105, 1107 E. Market St and 206 11th St. NE, a development site located in the Downtown extended corridor area of Charlottesville, VA, encompassing +/- 0.584 acres of land
DESCRIPTION
All the properties are Zoned CX-5. A preliminary design of this development includes the following: 1. The existing building on 1101 E. Market St will be renovated for non-residential use. 2. E. Market St. One story of underground parking and five stories of apartments. 3. 11 St. N.E.: One story of underground parking and five stories of apartments. 4. Total height of the building will be 55’ on E. Market and 11th St N.E. 5. Approximately 85 apartments. This includes 8 affordable units. 6. Recreation area will be located on roof of the apartments along E. Market St. A total area of 5,000 sf.
