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    600 Water St Charlottesville, VA 22902

    Sponsored
    For Sale
    Contact for pricing

    Historic Train Station, 14,500 SF, Prime Location

    Property size:
    14,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 14,500 square foot office building presents a unique investment or owner-occupancy opportunity in the heart of Charlottesville, Virginia. Originally a C&O Train Station, this rare historic property has been thoughtfully converted into a multi-tenant office building, offering a blend of modern amenities and preserved architectural character. The property boasts well-appointed interiors featuring large windows, skylights, and historic details, complemented by interior kitchenettes. The building accommodates both small and large office suites, providing flexibility for various business needs. Located on 0.545 acres, the property includes convenient onsite parking, a significant advantage in a prime downtown location just steps from the Historic Downtown Mall. The NX-10 zoning allows for a multitude of potential uses, enhancing its investment appeal. Existing tenants offer the option of long-term leases or vacancy for a complete renovation to suit a new owner's vision. This property offers a rare combination of history, functionality, and a highly desirable location, making it an exceptional opportunity for discerning investors or businesses seeking a prestigious address.

    Property Features for 600 Water St

    General Information

    Property type
    Office space
    Square Feet
    14,500 SF

    HighLights

    • Owner‑occupied or investment opportunity; existing tenants offer long‑term lease potential.
    • High‑end finishes, large windows, historic details, and in‑unit kitchenettes.
    • Mix of small and large office suites available.
    • NX‑10 zoning allows diverse uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    GreenBlue Environmental Organization mau productions Photography Service core Real Estate Agency Forsyth Bob Financial Planner Sustainable Packaging Coalition Environmental Organization

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlottesville
    County
    Albemarle
    State
    Virginia
    Longitude
    -78.477541166297
    Latitude
    38.028934246363

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    FAQs

    What type of property is this?
    Office space - Historic Train Station, 14,500 SF, Prime Location
    Where is this office space located?
    The property is located at 600 Water St Charlottesville, VA.
    What are key features of this property?
    This property features: Owner-occupied or investment opportunity; existing tenants offer long-term lease potential.; High-end finishes, large windows, historic details, and in-unit kitchenettes.; Mix of small and large office suites available.
    Request Owner's contact information
    600 Water 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
    600 Water St Charlottesville, VA 22902
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