Renaissance Investment LLC Acquires Mixed-use Property In Charlottesville For $1.5M

The mixed-use asset at 310-316 East Main Street in Charlottesville, VA, was sold for $1,500,000. The property encompasses a total area of 7,800 square feet, translating to a price per square foot of $192.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $1,500,000
• Address: 310-316 East Main Street
• Market: Charlottesville, VA
• Square Footage: 7,800
• Price per Square Foot: $192
• Buyer: Renaissance Investment, LLC
• Seller: GH Charlottesville VA, LLC
• Brokers: John Pritzlaff, Jenny Stoner, Josi Williams & Matt Greene - Cushman & Wakefield

Renaissance Investment acquired the former Greyhound property with prime downtown frontage near UVA and the Downtown Mall. The transaction was facilitated by Cushman & Wakefield | Thalhimer, showcasing the engagement of multiple professionals in the deal.