Downtown Mall

Retail-Commercial for Lease
Short-Term Lease
Catylist Listing ID: 30735261
Property Subtypes: Mixed Use, Street Retail, Other
Contiguous Space: 3,369 - 5,055 SF
Total Available: 8,424 SF
Building Size (RSF): 23,569 SF
Gross Building Area: 28,569 SF
Gross Land Area: 28,569 SF
Lease Rate: $25 PSF (Annual)
Base Monthly Rent: $7,018
Lease Types: Modified Gross
Building Name: Biggs Hardware Store
Usable Size (USF): 23,569 SF
Core Factor: 18%
Last Updated: 9/17/2021

Overview / Comments

Historic structure totally rehabbed to a Class A building in 2008. Has entrances on mall and Water Street. Four stories plus sub-basement (part of common area). There are no CAM charges. Two floors (total of 8424 SF) were occupied by former tenant - Urban Outfitters, which was taken over by other tenant - SilverChair Information Systems (a software company). With effect of pandemic, the additional floors were never used, and now are offered on a sub-tenancy basis. First mall level (3369 SF) was retail but could be converted to office. Likewise, the basement level (5055 SF) was retail and could be office, artisan studio/gallery, assembly shop, or other professional uses. Although no parking is available on site, there is some parking on the 4th street and Water St., and the municipal parking garage across Water St in same block. The building is served by two elevators. Heat & air supplied by 15 HVAC units maintained by landlord.

Expand All 2 Spaces Available

Suite: 1 3,369 SF $25 PSF (Annual) Modified Gross
Suite: 1B 5,055 SF $25 PSF (Annual) Modified Gross

Additional Details

Nearest MSA: Charlottesville
County: Charlottesville City
Taxing Authority: City of Charlottesville
Tax ID/APN: 280042000
Zoning: DH
Retail Clientele: General, Business
Property Located Between: 3rd & 4th streets
Property Visibility: Excellent
Largest Nearby Street: Water Street
Feet of Frontage: 25
Site Description: zero lot lines produces common walls on both sides
Area Description: Fronts on attractive and popular downtown walking mall and also fronts on Water Street with public sidewalk.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 4
Typical SF / Floor: 5,700 SF
Property Condition: Excellent
Year Built: 1900
Year Renovated: 2008
Roof Type: Other
Construction/Siding: Brick
Exterior Description: Impressive historic brick structure.
Passenger Elevators: 2
Sprinklers: Wet
Heat Type: Other
Heat Source: Central, Heat Pump
Air Conditioning: Other
Internet Access: Cable, DSL, T1/T3
Interior Description: some wood floors; exposed brick walls, high ceilings
Zoning Description: DH downtown historic allows many retail, commercial, office uses.
Lot Frontage: 25'
Lot Depth: 228
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Easements Description: from under sidewalk only
Legal Description: SF of leased space in building at 316-318 E. Main St shown on city land records as TX Map 280042000.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,024 74,755 88,263
Median Age: 31.88 31.81 33.52
Households: 8,324 29,543 35,026


Photograph of Listing Agent

Hock Hockensmith

Roy CVCMLS Member
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