218 Water St C-300 Charlottesville, VA 22902-5062
This exceptional Class A executive office space, located at 218 W Water St in Charlottesville, VA 22902, offers unparalleled flexibility and prime location. The Waterhouse EH2 building, encompassing 140,064 square feet across six stories, presents a unique opportunity. Currently, 13,705 square feet of vacant space is available, divisible into units ranging from 1,390 to 12,315 contiguous square feet, perfect for businesses of various sizes. The space, situated on the second floor and mezzanine, previously occupied by World Strides, boasts a striking design featuring large, ceiling-height windows, flooding the area with natural light. This is the first time this specific configuration is available for purchase. The 0.71-acre lot (31,048 square feet) is zoned WSH. The building features one parking space per 1000 square feet of rentable space. This property presents a rare chance to acquire a highly desirable, adaptable office space in a vibrant Charlottesville location. The APN is 280084000. This is a single building property.
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FLAG Foundation Charitable Organization Social Service Agency
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WorldStrides Travel Agency
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international collegiate theatre festival Hotel & Motel Resort
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The RESIDENCES AT 218 Condominium Complex
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Pro Dumpster Rental Company General Contractor Waste Management Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
DX · Charlottesville, VACharlottesville. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.