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317 E Water St
Charlottesville, VA 22902 Downtown Charlottesville

$5,500,000 USD

Office For Sale • 28,500 SF

Property Details

Property Type Office
Total Building Size 28,500 SF
Lot Size 0.15 AC
Building Class A
Year Built 1908
Cap Rate 6.00 %
Tenancy Multiple
Zoning DH

45 Transit Score

99 Walk Score

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

Property Flyers

videosupdatedjune2023

survey plat

Financial Summary (Proforma)

Net Operating Income: $340,000 USD (2025)

Cap Rate:	6.00 %
Total Expenses:	$150,000 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Sanker Media LLC	3,224 SF	6/30/2027
Silverchair Science & Comm	12,145 SF	7/31/2028
Uplift Training Club	8,424 SF	2/28/2028

Amenities

Controlled Access
Security System
Wheelchair Accessible
Air Conditioning
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Charlottesville (Cardinal - Amtrak, Crescent - Amtrak, Northeast Regional - Amtrak)	3 min	14 min	0.7 mi
Airport	Drive	Walk	Distance
Charlottesville-Albemarle	21 min	-	10.2 mi

Hock Hockensmith, CCIM 434-996-3333 Howard Hanna|Roy Wheeler Realty Co.

317 E Water St Charlottesville, VA 22902 Downtown Charlottesville