The Market Street building that's home to Vinegar Hill Theatre and Camino restaurant is on the market.
The manager of Vinegar Hill, James Ford, says even though the owner has decided to sell, the businesses there have no plans of leaving the building.
"Hopefully it'll be a smooth transition if and when it happens. We're committed to staying in the Charlottesville area and we're committed to show good films here," said Ford.
This news comes just after a successful 6-month fundraising campaign to save Vinegar Hill.
Supporters and movie fans brought in enough money to help Vinegar Hill convert from 35 millimeter film to digital projection, and keep the theater afloat.
Gov. McDonnell announced that his FY 2015/2016 budget will include $183.1 million over the biennium in new support of VA's colleges and universities.