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IX Project 522 2nd St SE 144,000 SF 100% Leased Retail Building Charlottesville, VA 22902 $51,672,638 ($358.84/SF)

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INVESTMENT HIGHLIGHTS

  • Mixed use development opportunity with existing income streams.
  • Location, existing and planned infrastructure and the surrounding build mixed small city and urban environment.
  • Great Urban Site, Use Mix, Character and exceptional Upside Urban Development Capacity.
  • The land along the periphery has development potential.

EXECUTIVE SUMMARY

The Ix Project is a mixed-use urban site with exceptional development opportunities, fully leased retail/commercial/light industrial, and currently accommodates a seasonal farmers' market and brewery. Adequate undeveloped land is available to build multifamily. One mile from the University of Virginia. Infill Development Opportunities are of particular interest to the Ix Project ownership. There is a substantial income coming from the land, justifying the price, please call for details.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
144,000 SF
Building Class
C
Year Built
1999
Price
$51,672,638
Price Per SF
$358.84
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
10.50 AC
Opportunity Zone
Yes
Zoning
DE
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

United Bank
Atlantic Union Bank
Bank of America
Melting Pot
CrossFit
Mel's Diner
Truist
Bonchon
Starbucks
Chase

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
280-208-000
Land Assessment
$10,305,800
Improvements Assessment
$11,300,100
Total Assessment
$21,605,900
  • Listing ID: 39052337

  • Date on Market: 1/12/2026

  • Last Updated:

  • Address: 522 2nd St SE, Charlottesville, VA 22902

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