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Telecom Central Office Building
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401 - 419 W Main St, Charlottesville, VA 22903

Office property operating continuously for over 60 years in its current specialized use.

Property Size81,753 SF
Lot Size1.10 Acres
Days on Market143

Property Features for 401 - 419 W Main St

General Information

Standard status Active
Size 81,753 SF
Net Rentable 81,753 SF
Lot size 1.10 Acres
Property subtype Special Purpose

Financials

Cap Rate 7.14%
Gross Income $899,283

Building Details

Tenancy Single
Listing Agency: @S.L. Nusbaum Realty Co Richmond
Listed By: Nathan Shor · License #VA 0225205935
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 2:57PM

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 @S.L. Nusbaum Realty Co Richmond

Investment Insights

Based on property information with market context.

This office property encompasses 81,753 RSF on 1.1 acres and has operated continuously as a telecom central office for more than 60 years. The specialized facility is occupied by Brightspeed of VA, LLC, doing business as Brightspeed.

Located at 401 - 419 W Main St in downtown Charlottesville, the property is structured for a 20-year sale-leaseback arrangement. Its established central-office function and long operating history distinguish the asset within the office property sector.

Key Highlights

  • 81,753 RSF office property
  • Situated on 1.1 acres in downtown Charlottesville
  • Continuous telecom central‑office operations for over 60 years

Property Analytics

Current Use

Lazeez Modern Indian ... Restaurant

Suggested Use

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,008
Businesses Nearby

Demographics for 22903, VA

42,170
Population
17,642
Households
2.4
Avg Household Size
28
Median Age
65%
College-Educated
95%
High-School Grad
69.0 sq mi
ZIP Area
611
Density / Sq Mi
$64,352
Median Household Income
$33,607
Median Earnings
$1,479
Median Rent
$510,500
Median Home Value

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 - Office property operating continuously for over 60 years in its current specialized use.
Where is this office building located?
The property is located at 401 - 419 W Main St Charlottesville, VA.
What are key features of this property?
This property features: 81,753 RSF office property; Situated on 1.1 acres in downtown Charlottesville; Continuous telecom central‑office operations for over 60 years
(804) 320-7600 Call to check price and availability
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