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Waterhouse Building 216-218 W Water St

79,866 SF 85% Leased Office Building Charlottesville, VA 22902 For Sale

Investment Highlights

  • Located across from Charlottesville’s Downtown Mall with multiple amenities within walking distance
  • Class A unique opportunity
  • 53,066 SF For Lease, purchase, or Joint Venture (additional 12,500 SF may be available)
  • Secured underground parking decks with 90 reserved spaces and bike racks

Executive Summary

CLOSE PROXIMITY TO EVERYTHING - The Waterhouse Building is located across from Charlottesville’s Downtown Mall with multiple amenities within walking distance and beautiful views of Monticello, the Blue Ridge Mountains, and the Charlottesville skyline and only a short distance from the highly acclaimed University of Virginia, a public research university, Power 5 conference member and home to The Lawn, a famed UNESCO World Heritage site

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Office
Property Subtype
Telecom Hotel/Data Hosting
Building Size
79,866 SF
Building Class
C
Year Built/Renovated
1949/2012
Percent Leased
85%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
15,973 SF
Building FAR
3.27
Lot Size
0.56 AC
Zoning
DX - Located in North Downtown Charlottesville
Parking
90 Spaces (1.13 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Atrium
  • Controlled Access
  • Courtyard
  • Security System
  • Kitchen
  • Accent Lighting
  • Storage Space
  • Fully Carpeted
  • High Ceilings
  • Direct Elevator Exposure
  • Open-Plan
  • Partitioned Offices
  • Recessed Lighting
  • Drop Ceiling
  • Outdoor Seating
  • Air Conditioning
  • Balcony
  • Fiber Optic Internet

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste EH-2
  • 12,315 SF
  • Office
  • Full Build-Out
  • Now

data center

  • 3rd Floor
  • 7,465 SF
  • Office
  • Full Build-Out
  • 60 Days

53,066 SF For Lease, purchase, or Joint Venture (additional 12,500 SF may be available)

  • 4th Floor
  • 24,239 SF
  • Office
  • -
  • 60 Days

53,066 SF For Lease, purchase, or Joint Venture (additional 12,500 SF may be available)

  • 5th Floor
  • 21,362 SF
  • Office
  • Full Build-Out
  • 60 Days

53,066 SF For Lease, purchase, or Joint Venture (additional 12,500 SF may be available)

Space Size Space Use Condition Available
2nd Fl-Ste EH-2 12,315 SF Office Full Build-Out Now
3rd Floor 7,465 SF Office Full Build-Out 60 Days
4th Floor 24,239 SF Office - 60 Days
5th Floor 21,362 SF Office Full Build-Out 60 Days

2nd Fl-Ste EH-2

Size
12,315 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Floor

Size
7,465 SF
Space Use
Office
Condition
Full Build-Out
Available
60 Days

4th Floor

Size
24,239 SF
Space Use
Office
Condition
-
Available
60 Days

5th Floor

Size
21,362 SF
Space Use
Office
Condition
Full Build-Out
Available
60 Days

2nd Fl-Ste EH-2

Size 12,315 SF
Space Use Office
Condition Full Build-Out
Available Now

data center

3rd Floor

Size 7,465 SF
Space Use Office
Condition Full Build-Out
Available 60 Days

53,066 SF For Lease, purchase, or Joint Venture (additional 12,500 SF may be available)

4th Floor

Size 24,239 SF
Space Use Office
Condition -
Available 60 Days

53,066 SF For Lease, purchase, or Joint Venture (additional 12,500 SF may be available)

5th Floor

Size 21,362 SF
Space Use Office
Condition Full Build-Out
Available 60 Days

53,066 SF For Lease, purchase, or Joint Venture (additional 12,500 SF may be available)

Walk Score ®
Walker's Paradise (99)
Bike Score ®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 280-084-000
  • 280-084-A00
  • 280-084-G00
Land Assessment
$922,300
Improvements Assessment
$4,142,300
Total Assessment
$5,064,600
  • Listing ID: 31327084

  • Date on Market: 3/26/2024

  • Last Updated:

  • Address: 216-218 W Water St, Charlottesville, VA 22902

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