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    216-218 W Water St Charlottesville, VA 22902

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    For Lease
    Contact for pricing

    Prime office space with mountain views and convenient parking.

    Property size:
    21,362 SF
    Lot size:
    0.71 Acres

    Property Features for 216-218 W Water St

    General Information

    Size
    21,362 SF
    Lot size
    0.71 Acres

    Source: Colliers | Charlottesville Agent Bartholomew McIntosh

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Class A Office Space

    This Class A office space, totaling 21,362 square feet, is situated in close proximity to Charlottesville's downtown mall, offering convenient access to numerous amenities. The location provides views of Monticello, the Blue Ridge Mountains, and the Charlottesville skyline. It is also a short distance from the University of Virginia. The building features a minimal core factor, an efficient water source heating system with a cooling tower and boiler, and expansive exterior patios. Fiber optic service is available on-site, along with an emergency generator and automatic switch gear. Secured underground parking decks offer 90 reserved spaces, as well as bike racks. The building is equipped with two hydraulic elevators and an access control system. High-end residential condos occupy the 6th, 7th, and 8th floors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charlottesville
    County
    Charlottesville
    State
    Virginia
    Longitude
    -78.4836339
    Latitude
    38.0303664

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    FAQs

    What type of property is this?
    Office space - Prime office space with mountain views and convenient parking.
    Where is this office space located?
    The property is located at 216-218 W Water St Charlottesville, VA.
    What are key features of this property?
    This property features: - Prime location across from Charlottesville's Downtown Mall with walkable amenities and views of Monticello, the Blue Ridge Mountains, and the Charlottesville skyline.; - Secured underground parking with 90 reserved spaces and bike racks.; - Efficient water source heating system (cooling tower & boiler).
    (434) 974-7377
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    216-218 W Water St Charlottesville, VA 22902
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