Riverbend Development Sells Mixed-Use Property In Charlottesville, VA For $3.85M

The mixed-use property located at 1617 Emmet St North in Charlottesville, Virginia has recently been sold for a price of $3,850,000. The property spans an area of 2,318 square feet, resulting in a price per square foot of $1,661. The seller of the property was Riverbend Development. The transaction took place on 12/01/2021 and was facilitated by Catharine Spangler of Thalhimer’s Capital Markets Group, a part of Cushman & Wakefield.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $3,850,000
• Date: 12/01/2021
• Address: 1617 Emmet St North, Charlottesville, Virginia
• Square Footage: 2,318
• Price per Square Foot: $1,661
• Seller: Riverbend Development
• Broker: Catharine Spangler - Thalhimer’s Capital Markets Group - Cushman & Wakefield

Catharine Spangler, representing Thalhimer’s Capital Markets Group, played a pivotal role in facilitating the transaction. The involvement of Catharine and the Cushman & Wakefield agency contributed to the successful sale of the property.