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501-505 E Water St
Charlottesville, VA 22902
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,976 SF
Building Class
C
Building Height
1 Story
Zoning
DH
About 501-505 E WATER ST , CHARLOTTESVILLE, VA 22902
Opportunity to purchase an investment property on the Historic Pedestrian Downtown Mall. BUSINESS IS NOT FOR SALE; RESTAURANT IS DOING WELL. The Melting Pot business recently purchased by longtime GM. Over $600,000 spent on capital improvements prior to opening in 2007. Additional financial information upon request (RE Taxes, Condo fees, lease information). LONGTERM LEASE IN PLACE WITH TENANT. Three condos totaling 3,288 sf which comprise the Melting Pot restaurant. Located on corner of Water St and 5th St off the Historic Pedestrian Downtown Mall.
Property Taxes
| Parcel Numbers | Improvements Assessment | $857,900 | |
| Land Assessment | $296,700 | Total Assessment | $1,154,600 |
Property Taxes
Parcel Numbers
Land Assessment
$296,700
Improvements Assessment
$857,900
Total Assessment
$1,154,600
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