Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Charitable Organization Social Service Agency
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Travel Agency
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Hotel & Motel Resort
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Condominium Complex
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General Contractor Waste Management Facility
Location
Value estimations
Owner & transaction history
Zoning & alternative use
DX Downtown Mixed Use INDUSTRIAL FLEX IX-5 Industrial Flex 5 IX-8 Industrial Flex 8 SPECIAL CM Campus CV Civic OVERLAY DISTRICTS -FHP Flood Hazard Protection -ADC Architectural Design Control -IPP Individual Protected Pr…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
DX · Charlottesville, VADX Downtown Mixed Use INDUSTRIAL FLEX IX-5 Industrial Flex 5 IX-8 Industrial Flex 8 SPECIAL CM Campus CV Civic OVERLAY DISTRICTS -FHP Flood Hazard Protection -ADC Architectural Design Control -IPP Individual Protected Pr…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
DX Downtown Mixed Use INDUSTRIAL FLEX IX-5 Industrial Flex 5 IX-8 Industrial Flex 8 SPECIAL CM Campus CV Civic OVERLAY DISTRICTS -FHP Flood Hazard Protection -ADC Architectural Design Control -IPP Individual Protected Pr…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for DX in Charlottesville, VA.
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