Office Space /VA /Charlottesville /316 E Main St
Office Space /VA /Charlottesville /316 E Main St

316 E Main St - Office FOR SALE


Charlottesville, VA 22902 | 
$6,500,000 USD
434-996-3333
316 E Main St, Charlottesville, VA for Sale
$6,500,000 USD
Office - FOR SALE
1/26
null | 7% Cap Rate
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316 E Main St
Charlottesville, VA 22902

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HIGHLIGHTS

  • Fronts on downtown walking mall
  • Completely remodeled in 2008 to become a Class A building.
  • Much of the space is open with exposed ceiling & walls.

OVERVIEW

Bldg. has 50% vacancy. The existing tenant has four years remaining on a long-term lease occupying the entire 3rd & 4th floors. Lease details are available through the listing broker. Cap rate of 7.00% was computed forecasting full lease-up.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$241 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Hardware Store

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

A

YEAR BUILT

1908

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

DH

APN/PARCEL ID

280-042-000

ASK ABOUT THIS PROPERTY

Hock Hockensmith, CCIMHoward Hanna|Roy Wheeler Realty Co.More Info
434-996-3333

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Hock Hockensmith, CCIMHoward Hanna|Roy Wheeler Realty Co.More Info
434-996-3333

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

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