300 Court Sq - Residential Income FOR SALE


Charlottesville, VA 22902
$3,850,000 USD
434-981-1667
300 Court Sq, Charlottesville, VA for Sale
$3,850,000 USD
Residential Income - FOR SALE
1/46
null | Request Cap Rate

300 Court Sq
Charlottesville, VA 22902


HIGHLIGHTS

  • Centrally located in Charlottesville's Historic Downtown District and two blocks from the walking mall. Preliminary plans for an upscale inn.

OVERVIEW

Step into history with this extraordinary opportunity to transform the former Charlottesville Eagle Tavern, a landmark in the heart of the Court Square district, into an upscale inn. Originally constructed with meticulous attention to detail, this historic gem boasts original wood flooring, stately fireplaces in numerous rooms, and soaring ceilings that evoke a sense of grandeur. The building's character is further enhanced by it original doors, moldings, and windows, each a testament to its rich past. The lower level, with convenient courtyard access, is a blank canvas awaiting your vision. Whether you envision a sophisticated tavern, a hidden speakeasy, or a culinary destination, this space offers endless possibilities. The property has also qualified for historic rehabilitation tax credits, making it an even more attractive investment. Situated in the vibrant and historic downtown area of Charlottesville, this property is not only a piece of the city's heritage but also a prime location for your next business venture. Embrace the opportunity to bring new life to this iconic building and create an unforgettable experience for guests in a setting that blends historic charm with modern luxury.

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Bar, Restaurant, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

DX

APN/PARCEL ID

530-096-100

ASK ABOUT THIS PROPERTY

David CookeLong & Foster Real Estate, Inc.More Info
434-981-1667

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

David CookeLong & Foster Real Estate, Inc.More Info
434-981-1667

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.