# 601 Cherry Avenue, Charlottesville, VA 22903 > **TL;DR:** commercial, $3,200,000, built 1966. Est. $17,114/mo. Listed 246 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $3,200,000 | | Year Built | 1966 | | Lot Size | 28,314 sqft (0.65 acres) | | Stories | 1 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 246 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $16,181 | | Estimated Insurance | $933 | | **Total** | **$17,114** | ## Property Highlights - Built in 1966 - 0.65 acre lot ## Description ### Agent Description This commercial property is ideally situated just a mile away from the hospital of UVA and mere minutes from the college of University of Virginia, ensuring high visibility and accessibility. Investment Opportunity: The lot is expandable, offering the potential for additional construction. It currently includes two commercial units, generating an impressive rental income of approximately $8000 per month. Key Features Expandable lot for future development Two existing commercial units Close proximity to healthcare facilities and prestigious university of UVA High foot traffic area with excellent visibility Strong rental income potential This property is a perfect investment for those looking to capitalize on a prime location in the City of Charlotesville. Don't miss out on this exceptional opportunity! ## Location - **Address:** 601 Cherry Avenue, Charlottesville, VA 22903 - **County:** Charlottesville ## Listing Agent - **Name:** Travis Kidd · **License:** 0225257990 - **Brokerage:** ERA Woody Hogg and Asociates - **Broker Phone:** (804) 559-4644 ## Photos ![601 Cherry Avenue - Photo 1](http://lh.rdcpix.com/0e1a429183a23e36e640cc5ebee49bf9l-f1184637306r.jpg) ![601 Cherry Avenue - Photo 2](http://lh.rdcpix.com/0e1a429183a23e36e640cc5ebee49bf9l-f1547374788r.jpg) ![601 Cherry Avenue - Photo 3](http://lh.rdcpix.com/0e1a429183a23e36e640cc5ebee49bf9l-f3140074716r.jpg) ![601 Cherry Avenue - Photo 4](http://lh.rdcpix.com/0e1a429183a23e36e640cc5ebee49bf9l-f237382517r.jpg) ![601 Cherry Avenue - Photo 5](http://lh.rdcpix.com/0e1a429183a23e36e640cc5ebee49bf9l-f1441174352r.jpg) ![601 Cherry Avenue - Photo 6](http://lh.rdcpix.com/0e1a429183a23e36e640cc5ebee49bf9l-f2024899226r.jpg) ![601 Cherry Avenue - Photo 7](http://lh.rdcpix.com/0e1a429183a23e36e640cc5ebee49bf9l-f1013820922r.jpg) ![601 Cherry Avenue - Photo 8](http://lh.rdcpix.com/0e1a429183a23e36e640cc5ebee49bf9l-f2873145390r.jpg) ![601 Cherry Avenue - Photo 9](http://lh.rdcpix.com/0e1a429183a23e36e640cc5ebee49bf9l-f335259233r.jpg) --- **MLS#:** 2602745 | **Updated:** 2026-10-31 **Source:** listhub *Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/601-cherry-avenue-charlottesville-va-22903-f56ee7c172704d34a059d20467aef0b7) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/601-cherry-avenue-charlottesville-va-22903-f56ee7c172704d34a059d20467aef0b7#listing", "url": "https://www.propertysimple.ai/listing/601-cherry-avenue-charlottesville-va-22903-f56ee7c172704d34a059d20467aef0b7", "name": "601 Cherry Avenue, Charlottesville, VA 22903", "description": "This commercial property is ideally situated just a mile away from the hospital of UVA and mere minutes from the college of University of Virginia, ensuring high visibility and accessibility. 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