412 3rd St NE

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30799208
Property Subtypes: Coworking, Medical, Mixed Use, Flex Space
Status: Pending/Contingent
Building Size (RSF): 1,536 SF
Gross Building Area: 1,920 SF
Gross Land Area: 0.08 Acres
Sale Price: $725,000
Unit Price: $472.01 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Class of Space: Class B
Usable Size (USF): 1,536 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/16/2022

Overview / Comments

Charming North Downtown two-story with both residential and commercial zoning in immaculate condition. Off street parking and on-street permit parking. Currently set up as two residential units, however can be converted to one residence or one office space, or two office spaces. Live in one, work in the other. New roof, new water heater, refinished beautiful oak flooring, gas furnace, ductless mini split HP units throughout. French drain in basement, covered soap stone front porch. Gas fireplace in first level living room. Remodeled bathrooms and rewired. This is truly a unique Downtown property!

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $4,795 (Annual)

Additional Details

Nearest MSA: Charlottesville
County: Charlottesville City
Taxing Authority: Charlottesville City
Tax ID/APN: 330071000
Zoning: B-1H
Property Located Between: W High Street and Hedge St
Property Visibility: Excellent
Highway Access: Close to Rte 250 with easy access to US 29 or I-64
Airports: CHO
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 768 SF
Year Built: 1927
Construction/Siding: Brick
Parking Description: 3 on street parking permits and off street parking available
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Other
Internet Access: DSL
Zoning Description: Zoned B-1H. Property located in Historic District. Zoning for both B-1 and Historic District can be viewed in attached documents.
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lot 1, Parcel 330071000 TM 33-P. 71

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,207 73,843 90,381
Median Age: 32.04 31.76 33.58
Households: 7,518 29,161 35,828

Contact

Photograph of Listing Agent

William L. Howard, CCIM

R.E. III COMMERCIAL PROPERTIES CVCMLS Member
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