Key facts
- Living area
- 1,148 sqft
- Lot
- 0.1 acres
- Year built
- 1920
- Type
- Commercial Sale · Office
- MLS #
- 22080046
- County
- Hancock
- Total building area
- 1,148 sqft
About this home
This commercial property offers a unique investment opportunity in the heart of Charlottesville. Currently, 574 sq. ft. of the building is leased to the U.S. Post Office, providing a stable annual income with the lease secured through November 2028. The remaining square footage is available for renovations and could be converted into additional rental space, creating the potential for increased cash flow. The generous lot offers off street parking in the back. With excellent visibility on US Highway 40 and convenient access to the surrounding area, this property is ideal for investors seeking a mix of immediate income and future growth potential.
Description provided by the listing brokerage.
Exterior
- Parking and garage
Systems
- Heating
- Cooling
- Water
- Utilities
Lot and HOA
- Zoning
- Com Community
Schools
- Elementary school
- Eastern Hancock Elementary School
- Middle school
- Eastern Hancock Middle School
- High school
- Eastern Hancock High School
- School district
- Eastern Hancock Co Com Sch Corp
Taxes
- Estimated annual tax
- $350 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2024
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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