Charlottesville land sells for $3.5M

Retail development planned

Robyn Sidersky //December 28, 2021//

Retail development planned

Robyn Sidersky// December 28, 2021//

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Charlottesville-based Riverbend Development purchased 1.15 acres of land in Charlottesville for $3.5 million, with plans for retail development, Cushman & Wakefield | Thalhimer announced Tuesday.

Located at 1150 5th St. at the former site of a Hardees restaurant, the property was sold by Rocky Mount, North Carolina-based Boddie-Noell Enterprises Inc., which owns and operates more than 340 Hardee’s locations in four states.

Ed Kimple and David Machupa of Cushman & Wakefield | Thalhimer handled sale negotiations on behalf of the buyer.

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