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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.

Highlights

  • Commercial Sale
  • Office
  • Built in 1920
  • 0.1 Acre Lot
  • 298 days on Market

  • Year Built
    1920
  • Stories
    1.0
  • Parking Features
    Gravel, On Street, Alley Access
  • Cooling
    Central Air
  • Heating
    Forced Air, Natural Gas

  • Acres
    0.1
  • Utilities
    Natural Gas Connected, Electricity Connected
  • Water
    Well

  • Area
    3004 - Hancock - Jackson
  • County
    Hancock
  • City
    Charlottesville
  • Zip Code
    46117
  • High School
    Eastern Hancock High School
  • Middle School
    Eastern Hancock Middle School
  • Elementary School
    Eastern Hancock Elementary School

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Frequently Asked Questions

How do I schedule a tour of 10372 E Us Highway 40?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 10372 E Us Highway 40.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 10372 E Us Highway 40?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $80,000. We can talk through recent upgrades, potential seller motivation, how this office compares to others in Charlottesville, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 10372 E Us Highway 40?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 10372 E Us Highway 40 at around $455. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 10372 E Us Highway 40?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Hancock County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 10372 E Us Highway 40?

In most cases, yes. Whether 10372 E Us Highway 40 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Charlottesville's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 10372 E Us Highway 40?

We can handle that for you. Our preferred local agent specializes in commercial sales in Charlottesville and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $80,000 with 1,148 sqft of space—that comes out to approximately $70 per square foot.

How long has this property been on the market?

10372 E Us Highway 40 was listed on January 16, 2026, which means it's been on the market for 298 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1920, making it approximately 106 years old.

What is the lot size of this property?

10372 E Us Highway 40 sits on a 0.1-acre lot, which is 4,356 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Eastern Hancock Elementary School
  • Middle: Eastern Hancock Middle School
  • High: Eastern Hancock High School

Want to see how these schools compare? Check out our Hancock County School Guide to see ratings, reviews, and more for the schools in the area.

Is 10372 E Us Highway 40 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 10, 2026 at 09:27PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.