Two Separate Parcels located between UVA and Downtown Mall

Highlights:

• Zoning: R-B (Residential–Business)
• 2 separate parcels, ~0.11 acres total
• Base density: up to 12 units (6 per parcel)
• Expanded density: up to 24 units with City approvals
• Current uses: 2 warehouse spaces, 4 apartments, offices
• Flexibility: Non-conforming use allows office/warehouse use
• Prime location between UVA and Downtown Mall
• Perfect for redevelopment, investment, or flex owner-occupant use

Description:

Huge potential for 12–24 dwelling units with zoning flexibility!
Two separate parcels located between UVA and the Downtown Mall offer a rare redevelopment opportunity. Zoned R-B (Residential–Business), each parcel allows up to 6 dwelling units (12 total), with the possibility of up to 24 units if City guidelines are met. Current non-conforming use permits continued operation of office and warehouse space, while existing improvements already include 2 warehouse spaces, 4 apartments, and offices. This creates a unique investment profile: income-producing today with high redevelopment upside.

Documents: