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Elegant Office Building - FOR SALE

$1,000,000

2305 Commonwealth Drive, Charlottesville, VA 22901

Active
Last Updated: 09/29/2025

0.469 acres

Lot Area

1972

Year Built

Details:
Lot Area:    0.469 acres
Year Built:    1972
Highlights:
  • New Roof (2024) – Major capital improvement completed
  • Long-term tenants providing reliable income
  • Vacancy offers opportunity to increase NOI
  • Year Built: 1972
  • 0.469-acre parcel with plenty of parking
  • Prime Charlottesville location with excellent access to Route 29, US 250 Bypass, and I-64
  • Elegant design with fireplaces, high ceilings, and bright offices
  • Offered just above tax assessment
Description:

2305 Commonwealth Drive is an elegant office building with bright, spacious interiors, high ceilings, and decorative fireplaces. The property is ideally located just off Route 29 North, with excellent access to the U.S. 250 Bypass and I-64.

The building features a diverse tenant mix, including long-term tenants who provide stable rental income, while also offering vacant suites for upside potential through lease-up.

Map:
Documents:
Title
Offering Memorandum
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