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Downtown Charlottesville Office Space Available
For Lease
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117 4th St NE, Charlottesville, VA 22902

Office space for rent in historic downtown Charlottesville.

Space Size1,716 SF - 4,626 SF
Property Size24,000 SF
Days on Market1123

Property Features for 117 4th St NE

General Information

Standard status Active
Size 1,716 SF - 4,626 SF
Class A
Property subtype Office

Building Details

Building Size 24,000 SF
Tenancy Multiple

Spaces For Lease

at 117 4th St NE Contact us

Suite A

Size
1,716 SF
Type
Office
Availability
Active
Contact us

Suite: B

Size
4,626 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Keller Williams Realty Alliance Group Richmond West
Listed By: Stuart Rifkin · License #VA
Source: Crexi
Added: Jul 28, 2023 Changed: Aug 19 Last Checked: Aug 22 at 7:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Alliance Group Richmond West

Investment Insights

Based on property information with market context.

Located on the historic Charlottesville Downtown Mall, this office space is situated above 320 E Main St, with an entrance off 4th St. The suite features four large offices, a full kitchen, and abundant natural light, providing a quiet working environment. Bathrooms are located outside the suite. The building is equipped with an elevator and is one flight up from 4th Street SE.

Key Highlights

  • Located on the historic Charlottesville Downtown Mall
  • Four large offices
  • Tons of natural light

Property Analytics

Current Use

Performant Software Solutions ... (Bike/Boat/Book/etc) Store Affiliated Engineers Inc Engineering Consultant Bee Measure Advertising Agency Jonah Tobias Marketing & Advertising Metro Tribal Advertising Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Locksmith Storage Facility Florist Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,836
Businesses Nearby

Demographics for 22902, VA

22,457
Population
12,134
Households
1.9
Avg Household Size
37
Median Age
57%
College-Educated
92%
High-School Grad
64.3 sq mi
ZIP Area
349
Density / Sq Mi
$91,162
Median Household Income
$52,555
Median Earnings
$1,572
Median Rent
$392,800
Median Home Value

Market

Lease Benchmarks for Charlottesville, VA

$13.38 /SF/Yr
Avg Asking Price
$12–$17.5 /SF/Yr
Price Range
4,831 SF
Avg Space Size

This space is priced 10% below the average of $13.38 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space for rent in historic downtown Charlottesville.
Where is this office units located?
The property is located at 117 4th St NE Charlottesville, VA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Located on the historic Charlottesville Downtown Mall; Four large offices; Tons of natural light
More about this property
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