889 E Rio, Unit B

Office for Sale
Catylist Listing ID: 30530673
Property Subtypes: Business Park, Executive Suites, Medical, Office Building
Condo? Yes
Building Size (RSF): 3,488 SF
Gross Land Area: 0.44 Acres
Sale Price: $1,100,000
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Class of Space: Class B
Usable Size (USF): 3,488 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/23/2020

Overview / Comments

Convenient location, 29 North corridor. Good medical use, exam rooms, lab area, large reception, nurses station, doctor offices , bathrooms , breakroom, etc.... Extremely well constructed building. Abundante parking area.

Additional Details

Nearest MSA: Charlottesville
County: Albemarle
Taxing Authority: Albemarle
Tax ID/APN: 492044915972
Is Condo?: Yes
Zoning: PDMC
Property Located Between: Rio Road and 29 North
Property Visibility: Good
Highway Access: Rio Road to E Rio Court, building on right side of the road
Airports: CHO
Site Description: Located in Professional business park area, parking in front and rear of building, well maintained brick condo
Area Description: 29 North sector of Albemarle County, well located near many rooftops and shopping centers
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,488 SF
Year Built: 2005
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Brick one story office building, combined of 2 condos, unit B for sale
Parking Type: Surface
Parking Description: Abundante amount of space
Heat Source: Central
Internet Access: Cable, DSL
Interior Description: Extremely well built using quality materials and workmanship. Floorplan is very convenient and usable for medical practice.
Zoning Description: Located within like type of buildings, brick well constructed one level to one and a half stories
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal
Legal Description: RIO EAST PROFESSIONAL PK CONDO UNIT B BLD 1 PH 2 Lot #124 A2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,423 50,952 91,066
Median Age: 41.5 35.09 34.38
Households: 3,460 20,451 36,071

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