1101 East Jefferson St., Unit #1

Office for Sale
Catylist Listing ID: 30195260
Property Subtypes: Medical, Other, General
Building Size (RSF): 3,223 SF
Gross Land Area: 1.28 Acres
Sale Price: $437,500
Unit Price: $135.74 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Class of Space: Class B
Sale Terms: Cash to Seller
Last Updated: 6/30/2020

Overview / Comments

3,223 sq. ft. office condominium with lots of parking. The space is currently medical office space however it can be used as professional office space or for a non-profit. The space has been remodeled and is in good condition. This condominium is aggressively priced. The building sits on almost an acre of prime downtown real estate. Offered well below 2020 assessed value of $719,000. This is an excellent opportunity for a "user" looking for downtown office space with plenty of on-site parking!
OCCUPIED BY: Owner
DIRECTIONS: Drive East on Jefferson St. property is on the terrace level of the Medical Off Bldg On the NE corner 11 St and E. Jefferson

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $6,558 (Annual)
Assessed Value - Total($) $697,700 (Annual)

Additional Details

Nearest MSA: Charlottesville
County: Charlottesville City
Taxing Authority: Charlottesville, VA
Tax ID/APN: 540190A00
Zoning: B-1 COMMERCIAL
Property Located Between: East Jefferson & East High St
Property Visibility: Excellent
Airports: Charlottesville Albemarle Airport - CHO
Site Description: SEWER: Yes Connected WATER: Public Plenty of surface parking
Area Description: LOCATION: Terrace Level
Total Number of Buildings: 1
Number of Stories: 2
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: ROOF: Other STRUCTURE FEATURES: Handicap Access
Parking Type: Surface
Parking Description: Private 11+ Spaces Lots of parking one of the great building features
Sprinklers: None
Heat Type: Electricity
Heat Source: Central, Heat Pump
Air Conditioning: Other
Interior Description: Condominium with remodeled common areas. Medical office space
Zoning Description: B-1 Commercial
Water Service: Municipal
Sewer Type: Municipal
Legal Description: SUITE 1, EAST JEFFERSON STREET PROFESSIONAL CONDOMINIUM (3,223 SQ. FT.) (ZONED B-1)

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,567 75,693 88,263
Median Age: 35.15 32.05 33.52
Households: 5,883 29,927 35,026
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Charlottesville Area Association of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.