Downtown Flower Shop Building

Retail-Commercial for Sale
Sale Pending/Contingent
Also listed as Business Opportunity
Catylist Listing ID: 30337151
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Status: Pending/Contingent
Building Size (RSF): 14,456 SF
Gross Land Area: 0.10 Acres
Sale Price: $3,065,000
Unit Price: $212.02 PSF
Ceiling: 10 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Downtown Flower Shop Building
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 80
Last Updated: 3/2/2019

Overview / Comments

First time on the market since 1998.
Three stories and a basement with parking.
Ability to build a fourth floor, with sketches available.
The iconic Flower shop building with its black stone front and large retail window has been a part of the Downtown Mall streetscape since the 40's
A rare opportunity to own a building downtown with the ability to go up another floor.

Attachments & Media

Additional Details

Nearest MSA: Charlottesville
County: Charlottesville City
Taxing Authority: Charlottesville
Tax ID/APN: 280050000
Zoning: DH
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: 4th and 5th streets on the historic walking mall, Downtown Charlottesville
Property Visibility: Excellent
Largest Nearby Street: Market And Water Street
Highway Access: On historic Downtown walking mall. Central to everything
Airports: CHO
Site Description: Rare opportunity to own a downtown gem
Area Description: In the middle of downtown charlottesville. With walking access to restaurants, shops, theaters and public libraries and parks.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 4
Typical SF / Floor: 3,600 SF
Property Condition: Excellent
Year Built: 1946
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Block, Glass and Black Stone
Total Parking Spaces: 4
Parking Type: Underground
Parking Description: Entry from rear alley into garage
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Natural Gas, Other
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, DSL, ISDN, Satellite, T1/T3, Gigabit
Interior Description: Mixed use office and retail
Zoning Description: DH
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Easements Description: Shared Alley
Legal Description: Charlottesville Tax ID#280050000

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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


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