Lewis & Clark Building - Downtown Charlottesville Office Condos

Office for Sale
Catylist Listing ID: 30657023
Building Size (RSF): 1,555 SF
Gross Building Area: See Agent
Sale Price: $400,000
Unit Price: $257.23 PSF
Property Use Type: Investment
Building Name: Lewis & Clark Condominium
Sale Terms: Cash to Seller
Last Updated: 10/28/2020

Overview / Comments

Two combined first floor office condominium units in the Lewis & Clark Building with deeded parking. Units are currently leased until December 2023 with monthly rent of $4,000 per month on single net terms providing an investor with roughly a 9% cap rate.

Additional Details

Nearest MSA: Charlottesville
County: Charlottesville City
Tax ID/APN: 7010.000000000000000
Parking Type: Surface
Parking Description: Units include 5 deeded parking spots, four of which are adjacent to the building and one in a lot within one block of the building.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,042 71,962 88,263
Median Age: 31.23 31.53 33.52
Households: 10,021 28,273 35,026

Contact

Photograph of Listing Agent

Joseph Bonistalli, Esq., CCIM

BOB KAHN REALTY & INVESTMENT CVCMLS Member
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