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Premier Downtown Charlottesville Office Space
For Lease
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401 E Market St, Charlottesville, VA 22902

Class A office building in downtown Charlottesville for rent.

Space Size4,706 SF - 9,588 SF
Property Size50,000 SF
Days on Market1991

Property Features for 401 E Market St

General Information

Standard status Active
Size 4,706 SF - 9,588 SF
Class A
Property subtype Office
Lease Type Full Service

Building Details

Building Size 50,000 SF
Year Built 1953
Tenancy Multiple

Spaces For Lease

at 401 E Market St Contact us

Suite 104

Size
5,604 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 102

Size
4,720 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 201

Size
6,768 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 206

Size
5,553 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 100

Size
4,706 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 200

Size
9,588 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Enterprise Properties, LLC
Listed By: Robert Dittmar · License #VA
Source: Crexi
Added: Mar 24, 2021 Changed: Aug 31 Last Checked: Sep 2 at 12:17AM

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 Enterprise Properties, LLC

Investment Insights

Based on property information with market context.

The Enterprise Center, a Class A office building, is situated at 401 East Market Street in downtown Charlottesville, Virginia. This premier commercial office location features a sky-lighted atrium that connects two buildings, forming a unified structure enhanced by a two-story addition. The building exceeds 60,000 square feet. Its location offers accessibility, being one block from the courthouses and the historic downtown pedestrian mall. It is also located across the street from the Market Street parking structure and two blocks from the Water Street parking structure. Several large office suites are available on the first and second floors, and these spaces can be combined to accommodate businesses of various sizes, up to 20,000 square feet.

Key Highlights

  • Premier Class A office building in Downtown Charlottesville.
  • Highly accessible location: one block from courthouses and the downtown pedestrian mall.
  • Ample parking: across the street from Market Street parking and two blocks from Water Street parking.

Property Analytics

Current Use

Enterprise Center Business Service Center Kaelber, Billmyer & Kaelber, ... Tax Preparation Affiliated Spartan SR-22 ... Financial Advisor FedEx Drop Box Postal Service Thomas Long - Morgan ... Financial Advisor

Suggested Use

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

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
$3.38 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,836
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

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 - Class A office building in downtown Charlottesville for rent.
Where is this office building located?
The property is located at 401 E Market St Charlottesville, VA.
What is the lease rate?
The lease rate is $22.50 SF/Yr.
What are key features of this property?
This property features: Premier Class A office building in Downtown Charlottesville.; Highly accessible location: one block from courthouses and the downtown pedestrian mall.; Ample parking: across the street from Market Street parking and two blocks from Water Street parking.
(434) 974-4500 Call to check price and availability
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