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Downtown Charlottesville Retail/Office Space
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400 E Main St, Charlottesville, VA 22902

Historical building near Downtown Mall, suitable for retail or office.

Property Size2,500 SF
Days on Market1957

Property Features for 400 E Main St

General Information

Standard status Active
Size 2,500 SF
Property subtype Office

Building Details

Year Built 1954
Listing Agency: Enterprise Properties, LLC
Listed By: Robert Dittmar · License #VA
Source: Crexi
Added: Mar 24, 2021 Changed: Jul 10 Last Checked: Jul 31 at 1:47PM

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 Enterprise Properties, LLC

Investment Insights

Based on property information with market context.

Located at 400 East Main Street in Downtown Charlottesville, Virginia, this historical building resides on the Charlottesville Downtown Pedestrian Mall, the second-largest retail district in the area. The property is within walking distance of over 30 restaurants and is situated one block from both the Water Street and Market Street parking garages. The surrounding area includes brokerage, financial, investment, legal, and accounting firms. The available shell space, comprising 2,500 square feet, is located immediately below the Virginia Credit Union and backs up to the pedestrian mall. An entrance off of 4th Street at the vehicular crossing provides accessibility and visibility. The space is suitable for specialty retail, spa, or traditional office use. It offers exposure and accessibility due to its location at the vehicular crossover on 4th Street.

Key Highlights

  • Prime downtown location on the Charlottesville Downtown Pedestrian Mall.
  • Excellent accessibility with entrance off 4th Street vehicular crossing.
  • Walking distance to over 30 restaurants and close to parking garages.

Property Analytics

Current Use

Virginia Credit Union ... Bank New Dominion Rose ... Garden Center Analytic Partners, LP (Bike/Boat/Book/etc) Store Gaston Chinta Law Firm

Suggested Use

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

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,836
Businesses Nearby
66k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 75% Shops & Services 13% Hotels & Casinos 9% Home Improvements & Furnishings 4%
McDonald's Dining
26,847 visits/mo 0.4 miles
Wendy's Dining
16,343 visits/mo 0.5 miles
Shell Shops & Services
5,758 visits/mo 0.2 miles
Guadalajara Dining
3,432 visits/mo 0.1 miles
Residence Inn Charlottesville Downtown Hotels & Casinos
3,383 visits/mo 0.4 miles

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

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Historical building near Downtown Mall, suitable for retail or office.
Where is this retail space located?
The property is located at 400 E Main St Charlottesville, VA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Prime downtown location on the Charlottesville Downtown Pedestrian Mall.; Excellent accessibility with entrance off 4th Street vehicular crossing.; Walking distance to over 30 restaurants and close to parking garages.
(434) 974-4500 Call to check price and availability
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