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243-259 Ridge McIntire RdCharlottesville, VA 22903
Ridge McIntire Development
Asset ClassRetail, Multifamily, Mixed Use, Healthcare Facility, Hotel & Hospitality, Office, Senior Housing, Student Housing
Generational Development Opportunity
overview of deal

Overview

Colliers, as exclusive broker, is pleased to present the opportunity to acquire the Ridge McIntire Development Parcel (the “Property”), a generational development opportunity comprised of a 3.59-acre development parcel currently improved with a shopping center located in downtown Charlottesville, Virginia.

 

Located a stone’s throw from the Downtown Pedestrian Mall, the Property presents qualified investors with a large-scale opportunity for a dense, mixed-use development in the highly desirable and supplyconstrained Charlottesville market.

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Investment Highlights

Rentable SF
41,855
Land
3.59 Acres
Year Built
1977
Parking Spaces
210 Spaces
  • Generational Development Opportunity with In-place Income
  • High Density Development Site with Vast Array of Potential Uses
  • Study Shows Potential for 2-Phase Development with 900+ Bedrooms
  • Dense Development is Compatible with Zoning Code Which Provides Increased Density with More Affordable Housing
deal gallery image
deal gallery image
deal gallery image
243-259 Ridge McIntire RdCharlottesville, VA 22903

Contacts

Cass KaweckiVice President(434) 284-4018cass.kawecki@colliers.com
Brad GeigerExecutive Vice President(202) 728-3550brad.geiger@colliers.com

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