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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 with access control, fiber optics, and secured underground parking decks with reserved spaces.

Space Size6,620 SF
Days on Market291

Property Features for 216-218 W Water St

General Information

Standard status Active
Size 6,620 SF
Class A
Property subtype OFFICE

Additional Details

Business Included No

Amenities

high end residential condos on 5th, 6th, 7th & 8th floors
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

Spaces For Lease

at 216-218 W Water St Contact us

Waterhouse Building

Floor
4
Size
6,620 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 2 Last Checked: Sep 12 at 11:31AM

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.

Class A office space opportunity totaling 25,820 SF with flexible suite sizes ranging from 4,000 SF to 20,450 SF. The property is equipped with an efficient water source heating system (cooling tower and boiler), fiber optic service, and an emergency generator with automatic switch gear. Common area amenities include expansive patios with downtown views. Building systems and access features include an access control system and two hydraulic elevators, along with secured underground parking decks offering reserved spaces and bike racks.

The location is close to the Waterhouse Building, directly across from Charlottesville’s downtown mall, with amenities within walking distance. The property also provides views of Monticello, the Blue Ridge Mountains, and the Charlottesville skyline, and it is a short distance from the University of Virginia.

Suites are configured to support a range of office requirements within a modern, secured environment designed for tenant convenience.

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 building with high‑end residential condos on the 5th–8th floors
  • Efficient water source heating system with cooling tower & boiler

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 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

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 with access control, fiber optics, and secured underground parking decks with reserved spaces.
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 SF to 20,450 SF; Class A building with high‑end residential condos on the 5th–8th floors; Efficient water source heating system with cooling tower & boiler
(434) 284-4005 Call to check price and availability
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