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

Class A office suites are available in flexible sizes, with secured underground parking and fiber optic service on-site.

Space Size9,456 SF
Days on Market291

Property Features for 216-218 W Water St

General Information

Standard status Active
Size 9,456 SF
Class Class A
Property subtype OFFICE

Amenities

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

Spaces For Lease

at 216-218 W Water St Contact us

Waterhouse Building

Floor
4
Size
9,456 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Close proximity to everything the waterhouse building is located across from charlottesville’s...
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Listing Agency: Colliers | Charlottesville
Listed By: Bartholomew McIntosh · License #225221137
Source: Moodyscre
Added: Nov 25, 2025 Changed: Sep 7 Last Checked: Sep 12 at 9:00AM

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 property offers flexible suite sizes ranging from approximately 4,000 to 20,450 square feet. The building includes multiple common-area patios with downtown views, two hydraulic elevators, and an access control system. Building infrastructure features an efficient water-source heating system with a cooling tower and boiler, along with fiber optic service on-site. An emergency generator and automatic switchgear support continued operations.

The property is located near Charlottesville’s downtown mall and is within walking distance of multiple amenities, with views described as including Monticello, the Blue Ridge Mountains, and the Charlottesville skyline. The remarks also note a short distance to the University of Virginia.

Additional building amenities include secured underground parking decks with reserved spaces and bike racks, plus high-end residential condos on the 5th through 8th floors.

Key Highlights

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

Property Analytics

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Current Use

Office Units

Suggested Use

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

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

Lease Benchmarks for Charlottesville, VA

$15.7 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
4,450 SF
Avg Space Size

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 units - Class A office suites are available in flexible sizes, with secured underground parking and fiber optic service on-site.
Where is this office units 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 to 20,450 SF; Class A office space with high‑end residential condos on the 5th–8th floors; Fiber optic service on‑site plus access control system
(434) 284-4005 Call to check price and availability
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