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    117 4Th St Charlottesville, VA 22902

    Sponsored
    For Lease
    $18 SF/Yr

    Class A Office Suites Available Now

    Lot size:
    24,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class A office space, located in the heart of Charlottesville's historic Downtown Mall, offers 4,846 square feet of immediately available space. Situated at 117 4th Street NE (above 320 E Main St, with entrance off 4th St SE), this versatile property boasts multiple configurations suitable for executive, traditional, medical, creative, or coworking uses. The suite features four large offices, a full kitchen, abundant natural light, and a quiet atmosphere. Restrooms are conveniently located outside the suite. The building offers elevator access, with the suite located one flight up from 4th Street SE. The total building size is 24,000 square feet, with a minimum divisible space of 4,846 square feet and a maximum contiguous space of 4,846 square feet currently vacant. The property is located in Charlottesville, Virginia (zip code 22902), in Charlottesville County, and has an APN of 7266.000000000000000. This prime location provides unparalleled access to the vibrant downtown area, offering exceptional visibility and convenience for any business. The space is ready for immediate occupancy.

    Property Features for 117 4Th St

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,000 SF
    Class
    A
    Total Rate
    36000

    Unit(s) available at that property

    Space
    Suite: B
    Size
    4,100 SF
    Rate per SF
    $18
    Property Profile Location Intelligence

    Current Use by Public Records

    Performant Software Solutions ... Software Company Affiliated Engineers Inc Engineering Consultant Bee Measure Marketing Agency Jonah Tobias Graphic Designer Metro Tribal Marketing Agency

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charlottesville
    County
    Charlottesville
    State
    Virginia
    Longitude
    -78.4796001
    Latitude
    38.0294971

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    FAQs

    What type of property is this?
    Coworking space - Class A Office Suites Available Now
    Where is this coworking space located?
    The property is located at 117 4Th St Charlottesville, VA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    Request Owner's contact information
    117 4Th St Charlottesville, VA 22902
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    Charlottesville, VA 22902
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    117 4Th St Charlottesville, VA 22902
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