Property summary
This exceptional office property, located at 1215 E. Market Street in Charlottesville, Virginia, offers a variety of flexible spaces ideal for businesses of all sizes. The building, classified as Class B, boasts a total of 68,049 square feet situated on a generous 4.01-acre lot. Multiple tenancy options are available, with a minimum divisible space of 1,300 square feet and a maximum contiguous space of 6,000 square feet. Currently, 6,000 square feet of space is immediately available. The property is conveniently located in downtown Charlottesville, providing easy access to Routes 250 and 64. Ample on-site parking is a significant benefit, eliminating the challenges of finding parking in a busy urban environment. Furthermore, the prominent location on E. Market Street offers excellent signage opportunities for enhanced visibility and brand recognition. This versatile property is perfect for businesses seeking a well-maintained, conveniently located office space in a thriving city. The property is categorized as both Traditional and Executive Office space, catering to a wide range of business needs. The zip code is 22902, and the property is in Albemarle County.
Property profile
VerifiedCap rate & NOI
Current use
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Hardware & Home Improvement HVAC Service
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Big Box & Wholesale Store Construction Company
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Construction Company General Contractor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
CX-5 Corridor Mixed Use 5 CX-8 Corridor Mixed Use 8 NODE MIXED USE NX-3 Node Mixed Use 3 NX-5 Node Mixed Use 5 NX-8 Node Mixed Use 8 NX-10 Node Mixed Use 10 DX Downtown Mixed Use INDUSTRIAL FLEX IX-5 Industrial Flex 5 IX…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CX-5 · Charlottesville, VACX-5 Corridor Mixed Use 5 CX-8 Corridor Mixed Use 8 NODE MIXED USE NX-3 Node Mixed Use 3 NX-5 Node Mixed Use 5 NX-8 Node Mixed Use 8 NX-10 Node Mixed Use 10 DX Downtown Mixed Use INDUSTRIAL FLEX IX-5 Industrial Flex 5 IX…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
CX-5 Corridor Mixed Use 5 CX-8 Corridor Mixed Use 8 NODE MIXED USE NX-3 Node Mixed Use 3 NX-5 Node Mixed Use 5 NX-8 Node Mixed Use 8 NX-10 Node Mixed Use 10 DX Downtown Mixed Use INDUSTRIAL FLEX IX-5 Industrial Flex 5 IX…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CX-5 in Charlottesville, VA.
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