Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    206 W Market St Charlottesville, VA 22902

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Single-tenant, net leased historic building in downtown Charlottesville.

    Property size:
    6,890 SF
    Lot size:
    0.11 Acres

    Property Features for 206 W Market St

    General Information

    Size
    6,890 SF
    Lot size
    0.11 Acres

    Source: Cushman & Wakefield | Thalhimer - Charlottesville Agent Jenny Stoner

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

    Overview

    Historic Charlottesville Net Leased Building

    This is a single-tenant, net leased building located in historic downtown Charlottesville. The property is subject to a long-term, fully NNN lease, with the tenant responsible for all maintenance. The property has a size of 6890 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Common House Social Club Vinegar Hall at Common ... Event Venue Orb Research Foundation

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -78.4822511
    Latitude
    38.0316508

    Nearby Similar for Sale

    • $675,000
      Pending

      Charlottesville Brick Ranch Duplex

      Income-producing duplex in Rugby area, convertible to single-family home.
      1514 Westwood Rd, Charlottesville, VA 22903
      View Details
    • $675,000
      Pending

      Charlottesville Brick Ranch Duplex

      Income-producing duplex in Rugby area, convert to single-family possible.
      1514 Westwood Rd, Charlottesville, VA 22903
      View Details
    • $675,000
      Pending

      Charlottesville Duplex with Income Potential

      Brick duplex in Rugby area with income-producing basement apartments.
      1514 Westwood Rd #A, Charlottesville, VA 22903
      View Details
    • $515,000
      1,800 SF

      Charlottesville Duplex with Strong Income

      Income-producing duplex near UVA with long-term tenants.
      301 Paton St, Charlottesville, VA 22903
      View Details
    • $845,000
      Pending

      Charlottesville Brick Duplex Near UVA

      Brick duplex with updated kitchens and baths, close to UVA.
      2405 Jefferson Park Ave, Charlottesville, VA 22903
      View Details
    • $650,000
      1,950 SF

      Charlottesville Duplex Near University

      Rented duplex near university with long-term tenant.
      821 Cabell Ave, Charlottesville, VA 22903
      View Details

    FAQs

    What type of property is this?
    Office building - Single-tenant, net leased historic building in downtown Charlottesville.
    Where is this office building located?
    The property is located at 206 W Market St Charlottesville, VA.
    What are key features of this property?
    This property features: - Long term lease with Common House; - Unique historic downtown Charlottesville property; - Single-tenant, net leased building
    (434) 234-8417
    Request Owner's contact information
    206 W Market St Charlottesville, VA 22902
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    206 W Market St
    Charlottesville, VA 22902
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    206 W Market St Charlottesville, VA 22902
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.