Commonwealth DR - Office for Sale

Office for Sale
Catylist Listing ID: 30317750
Property Subtypes: Office Building
Building Size (RSF): 2,147 SF
Gross Building Area: See Agent
Gross Land Area: 0.53 Acres
Sale Price: $749,000
Unit Price: $348.86 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Class of Space: Class B
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 8/1/2022

Overview / Comments

LOCATED in Opportunity Zone.

Nice corner lot with one-story office buidling located in Route 29 commercial cooridor with convenient access to Charlottesville, UVA and points north. Located behind Freestyle sports at corner Commonwealth DR and Westfield RD.

Additional Details

Nearest MSA: Charlottesville
County: Albemarle
Tax ID/APN: 486925914633
Property Located Between: At the corner Commonwealth DR and Westfield RD
Property Visibility: Excellent
Highway Access: Just two blocks from Seminole Trail US 29S
Airports: Charlottesville Airport (CHO) only 12 minutes away
Site Description: Mostly flat with surface parking for 23+ cars
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1981
Construction/Siding: Brick
Exterior Description: Painted brick exterior
Parking Type: Surface
Parking Description: 28 surface parking spaces
Heat Type: Electricity
Heat Source: Heat Pump
Internet Access: Cable, T1/T3
Interior Description: Mostly open office
Zoning Description: Located in Opportunity Zone Zoned Commercial Office (CO) by right uses include administratvie and business offices, professional offices, including medical, dental and optical, financial institutions, religious assembly, libraries and museums. For more detail see Chapter 18 Zoning Section 23 - Albemarle County Code.
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Legal Description: Parcel ID: 061W0-01-0B-00200

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,829 55,334 96,401
Median Age: 36.45 33.9 34.28
Households: 6,452 20,987 38,043
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