218 Ridge St
Office
for Sale
Catylist Listing ID: |
30791812 |
Property Subtypes: |
Medical, Office Building
|
Building Size (RSF): |
11,560 SF
|
Sale Price: |
$1,450,000 - 1,450,500 |
Unit Price: |
$125.43 - 125.48 PSF |
Property Use Type: |
Business |
Class of Space: |
Class B |
Usable Size (USF): |
11,560 SF |
Sale Terms: |
Undisclosed |
Cap Rate: |
Undisclosed |
Last Updated: |
5/13/2023 |
Overview / Comments
The building is currently being used as an Assisted Living Facility. Great location on the corner of Ridge St and Monticello Ave. Walk to downtown and close to UVA. Over 11,000 sq ft with lots of potential use for this building.
Great space for multi office set up. Approximately 20 individual rooms, 2 large foyers and 2 conference or sitting areas. 6 full bathrooms.
Building to be sold AS-IS
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Financials
Finance Data Year |
2022 |
Real Estate Taxes - Annual($) |
$10,464 (Annual) |
Tax Value Land |
$494,400 |
Tax Value Improvements |
$607,100 |
Assessed Value - Total($) |
$1,101,500 (Annual) |
Additional Details
Nearest MSA: |
Charlottesville |
County: |
Charlottesville City |
Tax ID/APN: |
280146000 |
Zoning: |
WMEH |
Property Located Between: |
On the corner of Ridge St and Monticello Ave |
Property Visibility: |
Excellent |
Total Number of Buildings: |
1 |
Number of Stories: |
2 |
Year Built: |
1983 |
Roof Type: |
Gable |
Construction/Siding: |
Other |
Exterior Description: |
Brick and Clap Board |
Parking Type: |
Surface |
Parking Description: |
Off street parking at the rear of the building. Approximately 7 parking spaces. |
Total Parking Spaces: |
7 |
Sprinklers: |
Wet, Dry |
Heat Type: |
Electricity, Natural Gas |
Heat Source: |
Baseboard, Central |
Air Conditioning: |
Other |
Internet Access: |
Cable |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Legal Description: |
280146000 |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
23,711 |
71,962 |
88,263 |
Median Age: |
30.92 |
31.53 |
33.52 |
Households: |
9,871 |
28,273 |
35,026 |
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The information presented herein is provided as is, without warranty of any kind.
Neither Charlottesville Area Association of REALTORS nor
Moody's assume any liability for errors or omissions.
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