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Office Building with Secured Underground Parking
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216-218 W Water St, Charlottesville, VA 22902

Class A office building with secured underground parking decks, access control, fiber optic service, and flexible suite sizes.

Property Size25,820 SF
Days on Market861

Property Features for 216-218 W Water St

General Information

Standard status Active
Size 25,820 SF
Class Class A
Elevators Yes
Property subtype OFFICE

Amenities

expansive common area patios with downtown views
fiber optic service on-site
emergency generator & automatic switch gear
access control system
bike racks

Building Details

Buildings 1
Listing Agency: Colliers | Charlottesville
Listed By: Bartholomew McIntosh · License #225221137
Source: Moodyscre
Added: May 7, 2024 Changed: Sep 9 Last Checked: Sep 13 at 6:30AM

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

Investment Insights

Based on property information with market context.

This Class A office building offers flexible suite configurations ranging from 4,000 SF to 20,450 SF within a total building size of 25,820 SF. Building systems include an efficient water source heating setup with a cooling tower and boiler. Tenants also benefit from expansive common area patios with downtown views.

Located at 216-218 W Water St in Charlottesville, the property is close to downtown amenities and within walking distance of the Charlottesville’s downtown mall. It also offers views of Monticello, the Blue Ridge Mountains, and the Charlottesville skyline, with a short distance to the University of Virginia.

On-site infrastructure supports day-to-day operations with fiber optic service, an emergency generator with automatic switch gear, an access control system, and two hydraulic elevators. Parking is provided through secured underground parking decks with reserved spaces and bike racks.

Key Highlights

  • Total building size 25,820 SF
  • Flexible suite sizes 4,000 SF to 20,450 SF
  • Fiber optic service on‑site

Property Analytics

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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.

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
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Frequently Asked Questions

What type of property is this?
Office building - Class A office building with secured underground parking decks, access control, fiber optic service, and flexible suite sizes.
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: Total building size 25,820 SF; Flexible suite sizes 4,000 SF to 20,450 SF; Fiber optic service on‑site
(434) 284-4005 Call to check price and availability
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