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Downtown Mixed-Use Zoning Office Building
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316-318 E Main St, Charlottesville, VA 22902

Four-story office building on the Downtown pedestrian mall, zoned DX (Downtown Mixed Use) with by-right height up to 10 stories.

Property Size28,500 SF
Price / SF$136.49
Days on Market188

Property Features for 316-318 E Main St

General Information

Standard status Active
Size 28,500 SF
Property subtype OFFICE
Zoning DX

Building Details

Buildings 1
Stories 4
Listing Agency: Colliers | Charlottesville
Listed By: Andrew Boninti · License #225108853
Source: Moodyscre
Added: Mar 9 Changed: Aug 21 Last Checked: Sep 12 at 11:25AM

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.

Located at 316-318 E Main St in Charlottesville, VA, this prominent four-story office building sits right on the Downtown pedestrian mall. The property totals 28,500 SF and is described as offering views of the Blue Ridge Mountains and the Charlottesville skyline.

The building is currently zoned DX (Downtown Mixed Use). The DX zoning includes a by-right building height of 10 stories for the maximum height and density allowed in the City, supporting a mix of intensive commercial and residential uses.

With its downtown positioning and DX zoning framework, the building is presented for sale as a development or redevelopment opportunity aligned with the City’s maximum by-right height and density allowance.

Key Highlights

  • Four‑story office building totaling 28,500 SF at 316‑318 E Main St
  • Right on the Downtown pedestrian mall in Charlottesville
  • Zoned DX (Downtown Mixed Use) with by‑right building height up to 10 stories

Property Analytics

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Current Use

Office buildings

Suggested Use

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

3,797
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
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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 - Four-story office building on the Downtown pedestrian mall, zoned DX (Downtown Mixed Use) with by-right height up to 10 stories.
Where is this office building located?
The property is located at 316-318 E Main St Charlottesville, VA.
What is the asking price?
The asking price for this property is $3,890,000.
What are key features of this property?
This property features: Four‑story office building totaling 28,500 SF at 316‑318 E Main St; Right on the Downtown pedestrian mall in Charlottesville; Zoned DX (Downtown Mixed Use) with by‑right building height up to 10 stories
(434) 284-4006 Call to check price and availability
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