501 Water St Charlottesville, VA 22902
- Commercial real estate
- 1,150 SF
Current Use by Public Records
- The Melting Pot / Fondue Restaurant
Property Details for 501 Water St
- Property size
- 1,150 SF
- Zone code
- NX-10
- Property type
- Commercial real estate
- APN
- 530072B00
- APU
- 530072B00
Description
This exceptional executive office suite, located at 501-507 E Water St in Charlottesville, Virginia, presents a unique investment opportunity. Priced at $425,000, this 1,075 square foot space is part of the four-story, 45,768 square foot Holsinger Condominium, a Class B building constructed in 2006. The suite boasts modern amenities including updated wiring, HVAC, and plumbing. The property features a deeded parking space within a secure garage, a significant advantage in a vibrant downtown location. Currently configured as a law office, the versatile space is easily adaptable for various retail or executive office uses, making it ideal for a discerning buyer seeking a high-quality, well-maintained property in a desirable area. The property sits on a 0.39-acre lot and is zoned DH. The building consists of one building with four stories. The APN is 530072000. This is a multi-tenancy building. The price per square foot is $460.47. Showings require prior arrangement.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Charlottesville
- County
- Charlottesville City
- State
- Virginia
- Longitude
- -78.4785
- Latitude
- 38.0292
- CBSA code
- 16820
- CBSA name
- CHARLOTTESVILLE, VA METROPOLITAN STATISTICAL AREA
