CHARLOTTESVILLE, VA, September, 2022 – Colliers is pleased to announce the sale of 1289 and 1311-1321 Stony Point Road in Charlottesville, VA. TAP Investments, LLC purchased the property from Flow 1289 Stony Point, LLC for $4,800,000.
1289 Stony Point Road consists of 1.24 acres and an 8,524 square foot service building which included a showroom and office area. 1311-1321 Stony Point Road consists of 2 buildings that sit on 1.37 acres. The larger building is a 7,200 square foot while the other is another 1,674 square foot shop building. The site will most likely be redeveloped.
The property is located at the signalized corner of Route 250 and Route 20 in Pantops, VA providing excellent visibility along a major entryway into the City of Charlottesville. The area is seeing continued growth in both commercial and residential properties.
Colliers’ Jay O’Donnell, first vice president, and Jeff Fritz, vice president, marketed the property on behalf of the seller.