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    401 E Market St Charlottesville, VA 22902
    Property profile & analytics

    401 E Market St Charlottesville, VA 22902


    • Office properties & Spaces
    • 49,496 SF
    • 0.57 lot acres
    Premier Downtown Charlottesville Office Space For Lease
    $2,460,000
    60,000 SF

    Premier Downtown Charlottesville Office Space

    Class A office building in downtown Charlottesville for rent.

    401 E Market St, Charlottesville, VA 22902
    View Listing
    Property ID
    US87-1483920
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Enterprise Center / Business Service Center / Corporate Office
    • Kaelber, Billmyer & Kaelber, LLC / Tax Preparation
    • Affiliated Spartan SR-22 Insurance Group / Financial Advisor / Insurance Agency
    • FedEx Drop Box / Postal Service / Courier Service
    • Thomas Long - Morgan Stanley / Financial Advisor

    Property Details for 401 E Market St

    Year built
    1953
    Lot size
    0.57 lot acres
    Property size
    49,496 SF
    Zone code
    DX
    Property type
    Office properties & Spaces
    APN
    530051000
    APU
    530051000

    Description

    This Class A office building, located at 401 E Market St in Charlottesville, VA 22902, offers a prime location in the heart of the city. The 10,000 square foot building, constructed in 1957 and renovated in 1999, boasts a striking skylighted atrium connecting two buildings. Currently, one executive suite is available, measuring 375 square feet. This suite is part of a larger complex with a total of two suites. The building features a single hydraulic elevator and is conveniently located one block from the courthouses and the downtown pedestrian mall, across from a parking structure, and two blocks from another. Amenities include a central reception area, mail and package receiving, a large shared conference room, and a full kitchen. Optional add-ons for tenants include phone service with voicemail and internet access. The building's zoning is DH. This exceptional opportunity provides immediate access to the vibrant downtown Charlottesville area, offering unparalleled convenience and accessibility for businesses. The suite is part of a larger, unified structure exceeding 60,000 square feet, establishing it as a premier commercial office location.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Charlottesville
    County
    Charlottesville City
    State
    Virginia
    Longitude
    -78.4784
    Latitude
    38.031
    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
    $122,652
    $1,980,300
    $10,527,100
    $12,507,400
    -
    $1,980,300
    $10,527,100
    $12,507,400
    View Listing
    More about this property
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