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Waterhouse 216-218 W Water St 79,866 SF 48% Leased Office Building Charlottesville, VA 22902 For Sale
INVESTMENT HIGHLIGHTS
- 25,820 SF For Lease, purchase, or Joint Venture
- High end residential condos on 5th, 6th, 7th & 8th floors
- Expansive common area patios with downtown views
- Flexible suite sizes 4,000 SF – 20,450 SF
- Class A unique opportunity
- Fiber optic service on-site
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Atrium
- Controlled Access
- Courtyard
- Security System
- Kitchen
- Accent Lighting
- Storage Space
- Fully Carpeted
- High Ceilings
- Direct Elevator Exposure
- Open-Plan
- Partitioned Offices
- Recessed Lighting
- Drop Ceiling
- Outdoor Seating
- Air Conditioning
- Balcony
- Fiber Optic Internet
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- 3D Printing
- -
- 1,390 SF
- -
- Modified Gross
- Nov 2025
-
- -
- 1,000 SF
- -
- -
- -
Virginia Polytechnic Institute and State University is a public land-grant university serving the Commonwealth of Virginia, the nation, and the world community. The discovery and dissemination of new knowledge are central to its mission. Through its focus on teaching and learning, research and discovery, and outreach and engagement, the university creates, conveys, and applies knowledge to expand personal growth and opportunity, advance social and community development, foster economic competitiveness, and improve the quality of life.
-
- -
- 500 SF
- -
- -
- -
WorldStrides, formally Brightspark, is a leading provider of custom educational and performance tours for student groups across North America and around the globe. With over 50 years of experience, WorldStrides has earned a reputation for crafting immersive, curriculum-aligned travel experiences that inspire learning, creativity, and cultural exploration. The company’s team of travel experts—many of whom are former educators and performing arts directors—work closely with group leaders to design personalized itineraries that meet the unique goals of each school or organization. From historic tours in Washington, D.C., to music performances in Europe’s cultural capitals, Worldstrides brings classroom lessons to life through hands-on, engaging adventures.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| 3D Printing | - | 1,390 SF | - | Modified Gross | Nov 2025 | |
|
|
- | 1,000 SF | - | - | - | |
|
|
- | 500 SF | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Very open floor plan Space is empty and available for renovation. Lessor will pay up to $75 psf in TI for the right use/tenant
• 25,820 SF For Lease, purchase, or Joint Venture • Flexible suite sizes 4,000 SF – 20,450 SF • High end residential condos on 5th, 6th, 7th & 8th floors • Class A unique opportunity • Efficient water source heating system (cooling tower & boiler) • Expansive common area patios with downtown views • Fiber optic service on-site • Emergency generator & automatic switch gear • Secured underground parking decks with reserved spaces and bike racks • Two hydraulic elevators • Access control system
• 25,820 SF For Lease, purchase, or Joint Venture • Flexible suite sizes 4,000 SF – 20,450 SF • High end residential condos on 5th, 6th, 7th & 8th floors • Class A unique opportunity • Efficient water source heating system (cooling tower & boiler) • Expansive common area patios with downtown views • Fiber optic service on-site • Emergency generator & automatic switch gear • Secured underground parking decks with reserved spaces and bike racks • Two hydraulic elevators • Access control system
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste EH-2 | 12,315 SF | Office | Partial Build-Out | Now |
| 3rd Floor | 5,370 SF | Office | Full Build-Out | Now |
| 4th Floor | 4,374-23,754 SF | Office | - | Now |
2nd Fl-Ste EH-2
| Size |
| 12,315 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
3rd Floor
| Size |
| 5,370 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
4th Floor
| Size |
| 4,374-23,754 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste EH-2
| Size | 12,315 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Very open floor plan Space is empty and available for renovation. Lessor will pay up to $75 psf in TI for the right use/tenant
3rd Floor
| Size | 5,370 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
• 25,820 SF For Lease, purchase, or Joint Venture • Flexible suite sizes 4,000 SF – 20,450 SF • High end residential condos on 5th, 6th, 7th & 8th floors • Class A unique opportunity • Efficient water source heating system (cooling tower & boiler) • Expansive common area patios with downtown views • Fiber optic service on-site • Emergency generator & automatic switch gear • Secured underground parking decks with reserved spaces and bike racks • Two hydraulic elevators • Access control system
4th Floor
| Size | 4,374-23,754 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
• 25,820 SF For Lease, purchase, or Joint Venture • Flexible suite sizes 4,000 SF – 20,450 SF • High end residential condos on 5th, 6th, 7th & 8th floors • Class A unique opportunity • Efficient water source heating system (cooling tower & boiler) • Expansive common area patios with downtown views • Fiber optic service on-site • Emergency generator & automatic switch gear • Secured underground parking decks with reserved spaces and bike racks • Two hydraulic elevators • Access control system
PROPERTY TAXES
| Parcel Number | 280-084-G00 | Improvements Assessment | $4,155,321 CAD |
| Land Assessment | $1,223,944 CAD | Total Assessment | $5,379,265 CAD |
PROPERTY TAXES
Presented by
Waterhouse | 216-218 W Water St
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