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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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 530-072-C00
  • 530-072-B00
  • 530-072-D00
Land Assessment
$296,700
Improvements Assessment
$857,900
Total Assessment
$1,154,600
  • Listing ID: 3804647

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 501-505 E Water St, Charlottesville, VA 22902

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