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    400 E Main St Charlottesville, VA 22902
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    Property profile & analytics

    400 E Main St Charlottesville, VA 22902


    • Office properties & Spaces
    • 8,240 SF
    • 0.09 lot acres
    Downtown Charlottesville Retail/Office Space For Lease
    $690,000
    2,500 SF

    Downtown Charlottesville Retail/Office Space

    Historical building near Downtown Mall, suitable for retail or office.

    400 E Main St, Charlottesville, VA 22902
    View Listing
    Property ID
    US87-1607959
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $690,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Virginia Credit Union Business Services / Bank
    • New Dominion Rose Garden / Garden Center / Landscaping
    • Analytic Partners, LP / (Bike/Boat/Book/etc) Store / Corporate Office
    • Gaston Chinta / Law Firm

    Property Details for 400 E Main St

    Year built
    1954
    Lot size
    0.09 lot acres
    Property size
    8,240 SF
    Zone code
    DX
    Property type
    Office properties & Spaces
    APN
    280045000
    APU
    280045000

    Description

    This three-story, 12,445 square foot Class B office building, located in Charlottesville, Virginia's Historic District at 400 E Main St (corner of 4th St SE), offers two available suites. One 2,500 square foot space is available on the first floor, currently a shell space, conveniently located below the Virginia Credit Union and backing onto the Downtown Mall. The second available suite, totaling 1,664 square feet, is situated on the second floor and features a linear layout of individual offices, a large reception/open area, and a conference room. This floor also includes a shared restroom and kitchenette. Built in 1954 and renovated in 2002, the building sits on a 0.09-acre lot and is served by Dominion Power. Its Dh Downtown Corridor Mixed Use Historic zoning allows for diverse uses. The building's prime location offers exceptional accessibility, being just one block from the Water Street and Market Street parking garages and surrounded by numerous businesses in the financial, legal, and accounting sectors. The Downtown Mall, the area's second-largest retail district, is within walking distance, providing access to over 30 restaurants. The building's 4th Street entrance provides excellent visibility and convenient access. The property's APN is 280045000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $425,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $959,000
      Market price range: $374k - $1.18M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $750,000
      Current use
      RESTAURANT
      $965,000
      Change: +29% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $775,000
      Change: +4% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Charlottesville
    County
    Charlottesville City
    State
    Virginia
    Longitude
    -78.4793
    Latitude
    38.0298
    CBSA code
    16820
    CBSA name
    CHARLOTTESVILLE, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,707
    $924,000
    $1,697,400
    $2,621,400
    -
    $924,000
    $1,697,400
    $2,621,400
    View Listing
    More about this property
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