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2305 Commonwealth Dr 5,967 sq ft 74% Let Office Property Charlottesville, VA 22901 £747,660 (£125.30/sq ft)

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EXECUTIVE SUMMARY

Beautiful, elegant office building. High ceilings, decorative fireplaces. Bright and spacious. Pro forma cap rate 5.5%.
Prime location just off of 29N and near 250Bypass/I-64 access.

ATTACHMENTS

updated_2305_commonwealth

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment or Owner Occupier
Property Type
Office
Property Size
5,967 sq ft
Costar Property Class
C
Year Built
1972
Price
£747,660
Price per sq ft
£125.30
Occupancy Rate
74%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
1,989 sq ft
Plot ratio
0.29
Total Plot Size
0.47 ac
Opportunity Zone
Yes
Use Class
Commercial Office
Parking
25 Spaces (4.19 Spaces per 1,000 sq ft Leased)

AMENITIES

  • Fireplace

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • sq ft OCCUPIED
  • RENT/sq ft
  • LEASE TYPE
  • LEASE END
  • Genial Spa
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Jan 0000
  • Roy Askew Contracting & Roofing
  • Service type
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Stevenson Company
  • Real Estate
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY sq ft OCCUPIED RENT/sq ft LEASE TYPE LEASE END
Genial Spa Health Care and Social Assistance - - - Jan 0000
Roy Askew Contracting & Roofing Service type - $9.99 Lorem Ipsum Jan 0000
Stevenson Company Real Estate - $9.99 Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • CONDITION
  • AVAILABLE
  • Basement
  • 300 sq ft
  • Light Industrial
  • -
  • Now

Perfect for office or salon. Recently used as hair salon. Perfect location near 29 N. Private bath, private entrance. Terrace level. Parking available.

  • 1st Fl-Ste B
  • 930 sq ft
  • Office
  • Full Fit-Out
  • Now

Beautiful, elegant office building. Spacious office on main level with 2 fireplaces and lots of light. Additional space available. Elegant space on main floor of Colonial office building. Fireplaces. 4 offices off of lobby.

  • 2nd Fl-Ste A1
  • 457 sq ft
  • Office
  • -
  • Apr 2026

3 contiguous offices. Elegant office building included utilities. Plenty of parking. Decorative fireplace. $875/month.

  • 2nd Fl-Ste H
  • 325 sq ft
  • Office
  • Full Fit-Out
  • Now

2-3 offices off of shared lobby. One office has decorative fireplace.

Space Size Space Use Condition Available
Basement 300 sq ft Light Industrial - Now
1st Fl-Ste B 930 sq ft Office Full Fit-Out Now
2nd Fl-Ste A1 457 sq ft Office - Apr 2026
2nd Fl-Ste H 325 sq ft Office Full Fit-Out Now

Basement

Size
300 sq ft
Space Use
Light Industrial
Condition
-
Available
Now

1st Fl-Ste B

Size
930 sq ft
Space Use
Office
Condition
Full Fit-Out
Available
Now

2nd Fl-Ste A1

Size
457 sq ft
Space Use
Office
Condition
-
Available
Apr 2026

2nd Fl-Ste H

Size
325 sq ft
Space Use
Office
Condition
Full Fit-Out
Available
Now

Basement

Size 300 sq ft
Space Use Light Industrial
Condition -
Available Now

Perfect for office or salon. Recently used as hair salon. Perfect location near 29 N. Private bath, private entrance. Terrace level. Parking available.

1st Fl-Ste B

Size 930 sq ft
Space Use Office
Condition Full Fit-Out
Available Now

Beautiful, elegant office building. Spacious office on main level with 2 fireplaces and lots of light. Additional space available. Elegant space on main floor of Colonial office building. Fireplaces. 4 offices off of lobby.

2nd Fl-Ste A1

Size 457 sq ft
Space Use Office
Condition -
Available Apr 2026

3 contiguous offices. Elegant office building included utilities. Plenty of parking. Decorative fireplace. $875/month.

2nd Fl-Ste H

Size 325 sq ft
Space Use Office
Condition Full Fit-Out
Available Now

2-3 offices off of shared lobby. One office has decorative fireplace.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
061W0-01-0B-00600
Land Assessment
£322,615
Improvements Assessment
£395,811
Total Assessment
£718,426
  • Listing ID: 35754906

  • Date on Market: 06/05/2025

  • Last Updated:

  • Address: 2305 Commonwealth Dr, Charlottesville, VA 22901

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