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INVESTMENT HIGHLIGHTS
- Commercial office property investment, well-suited to both investors and owner occupiers
- Strong downtown location is a short walk to the Downtown Mall
- The well-maintained property with professionally run condo association provides for a low maintenance investment
- Convenient at-grade entry
- Building exteriors and interiors present nicely
- Convenient on-site parking, with additional parking available for rent in nearby lots
EXECUTIVE SUMMARY
- Property Name: The Randolph Commercial Condo Unit B - Property Address: 1001 E Market Street Suites 100 and 101, Charlottesville, Virginia - Tax map Parcel ID: 540137B00 - Zoning: CX-5 - Unit Size: Unit 101: 921 SF (Available for Occupancy Jan. 1, 2026) and Unit 100: 1,421 SF (Leased to GEI Consultants) - Parking 5 dedicated on-site parking spaces - Year Built / Renovated: Building constructed in 2008. Renovations and upgrades during the past 13 years under current ownership
PROPERTY FACTS
| Total Building Size | 15,068 SF | Typical Floor Size | 5,022 SF |
| Property Type | Office (Condo) | Year Built | 1997 |
| Property Subtype | Office/Residential | Lot Size | 1.92 AC |
| Building Class | B | Parking Ratio | 2.6/1,000 SF |
| Floors | 3 | ||
| Zoning | CX-5 - Downtown Neighborhood | ||
| Total Building Size | 15,068 SF |
| Property Type | Office (Condo) |
| Property Subtype | Office/Residential |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 5,022 SF |
| Year Built | 1997 |
| Lot Size | 1.92 AC |
| Parking Ratio | 2.6/1,000 SF |
| Zoning | CX-5 - Downtown Neighborhood |
1 UNIT AVAILABLE
Unit 100 & 101
| Unit Size | 2,345 SF | Sale Type | Owner User |
| Price | $684,001 CAD | No. Parking Spaces | 5 |
| Price Per SF | $291.68 CAD | APN/Parcel ID | 540137B00 |
| Condo Use | Office |
| Unit Size | 2,345 SF |
| Price | $684,001 CAD |
| Price Per SF | $291.68 CAD |
| Condo Use | Office |
| Sale Type | Owner User |
| No. Parking Spaces | 5 |
| APN/Parcel ID | 540137B00 |
DESCRIPTION
Colliers is pleased to present the opportunity to acquire a commercial condominium in the Randolph mixed-use property at the intersection of 10th and East Market Street in downtown Charlottesville. The condominium unit is divided
into two separate commercial suites - one leased and the other available for occupancy - providing a great opportunity for both owner occupiers and investors.
SALE NOTES
- Commercial office property investment, well-suited to both investors and owner occupiers
- Soon-to-be vacant suite 101 is a turnkey, furnished suite with functional layout including reception waiting room, conference room, kitchenette and up to 2 private offices
- Investors and Owner-occupiers benefit from strong in-place rental income from GEI Consultants, a stable, national engineering firm with multiple locations
- Building exteriors and interiors present nicely
- The well-maintained property with professionally run condo association provides for a low maintenance investment
- Convenient on-site parking, with additional parking available for rent in nearby lots.
- Strong downtown location is a short walk to the Downtown Mall
- Convenient at-grade entry
Large storefront windows provide abundant natural light
1001 e market st photo
building pic 1
building pic 2
interior pic 1
interior pic 2
interior pic 3
interior pic 4
interior pic 5
reception
conference room
office space
restroom
Presented by
1001 E Market St
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