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Class A Office Building Suites
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216-218 W Water St, Charlottesville, VA 22902

Class A office building offers flexible suites and secured underground parking with reserved spaces.

Space Size5,370 SF
Days on Market905

Property Features for 216-218 W Water St

General Information

Standard status Active
Size 5,370 SF
Class A
Property subtype OFFICE

Amenities

common area patios
fiber optic service
emergency generator
underground parking
bike racks
hydraulic elevators
access control system

Spaces For Lease

at 216-218 W Water St
Waterhouse Building AVAILABLE, Now
Floor 3
Size 5,370 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Close proximity to everything the waterhouse building is located across from charlottesville’s downtown mall with multiple amenities within walking distance and beautiful views of monticello, the blue ridge mountains, and the charlottesville skyline and only a short distance from the highly acclaimed university of virginia, a public research university, power 5 conference member and home to the lawn, a famed UNESCO world heritage site. - 25,820 SF For Lease, purchase, or Joint Venture - Flexible suite sizes 4,000 SF – 20,450 SF - High end residential condos on 5th, 6th, 7th & 8th floors - Class A unique opportunity - Efficient water source heating system (cooling tower & boiler) - Expansive common area patios with downtown views - Fiber optic service on-site - Emergency generator & automatic switch gear - Secured underground parking decks with reserved spaces and bike racks - Two hydraulic elevators - Access control system
Contact us
Listing Agency: Colliers | Charlottesville
Listed By: Bartholomew McIntosh · License #225221137
Source: Moodyscre
Added: May 7, 2024 Changed: Oct 25 Last Checked: Oct 26 at 7:55PM

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 Colliers | Charlottesville

Rey
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Investment Insights

Based on property information with market context.

This Class A office building provides flexible suite sizes ranging from 4,000 to 20,450 square feet. Building amenities include an efficient water source heating system with a cooling tower and boiler, expansive common area patios with downtown views, and on-site fiber optic service. The property also features an emergency generator with automatic switch gear, two hydraulic elevators, and an access control system.

The building is located across from Charlottesville’s downtown mall, with multiple amenities within walking distance. The property’s setting offers views of Monticello, the Blue Ridge Mountains, and the Charlottesville skyline.

The property includes secured underground parking decks with reserved spaces and bike racks, supporting tenant and visitor access.

Key Highlights

  • 25,820 SF available for lease, purchase, or joint venture with flexible suite sizes from 4,000 SF to 20,450 SF
  • Class A office building with high‑end residential condos on the 5th, 6th, 7th & 8th floors
  • Fiber optic service on‑site

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

3,514
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

Frequently Asked Questions

What type of property is this?
Office building - Class A office building offers flexible suites and secured underground parking with reserved spaces.
Where is this office building located?
The property is located at 216-218 W Water St Charlottesville, VA.
What are key features of this property?
This property features: 25,820 SF available for lease, purchase, or joint venture with flexible suite sizes from 4,000 SF to 20,450 SF; Class A office building with high‑end residential condos on the 5th, 6th, 7th & 8th floors; Fiber optic service on‑site
(434) 284-4005 Call to check price and availability
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