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11300 Iron Bridge Road

Chester, VA 23831
  • $1,150,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 2417627
UPDATED: 65 min ago
$1,150,000
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1984
County:

School Ratings & Info

Description

Introducing 11300 Iron Bridge Road, a strategically located commercial property in Chester, VA, boasting 6,120 sq. ft. of space on highly traveled Route 10 (25,000 ADT). This versatile property offers 1,056 to 1,876 sq. ft. for immediate owner-user occupancy, with potential to expand to the full building use over time or keep income-generating units. The parcel includes additional land at the rear that can be developed, providing an opportunity to create new building frontage facing Iron Bridge Road. The building's interior is easily reconfigurable, as all walls are non-load bearing, allowing for flexible use and layout adjustments. Currently generating over $73,000 annually from current tenants including Chesterfield County, Midpoint Chiropractic, Peds First Healthcare, and Hi Tech Dental Lab, this opportunity presents a desirable owner-user investment opportunity with current below-market rental rates poised for future re-negotiation. Recent capital improvements include a new HVAC unit for Suite E, PVC flat roof membrane, mansard roof shingles, and a freshly repaired, sealed, and re-striped parking lot, ensuring operational efficiency and curb appeal. Positioned amidst major upcoming developments like Courthouse Landing and Attain at Swift Creek Apartments, and in proximity to I-95 and I-288, the property offers unparalleled accessibility to retail and residential hubs. Ideal for office and medical users looking for a prime location in the Route 10 corridor while also enjoying income generation from stabilized tenants. This property promises both immediate utility and long-term growth potential in Chester, VA's burgeoning commercial landscape.

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Central Virginia Regional MLS logo All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-07-25T10:57:47.703.
www.kevincurriegroup.com/homes/152381855
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11300 Iron Bridge Road Chester, VA 23831

  • Price: $1,150,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 65 min ago
  • MLS #: 2417627
0
Beds
0
Baths
0
½ Baths
1
Acres
1984
Built
Neighborhood:
54 - Chesterfield
County:
Chesterfield
Area:
54 - Chesterfield
Property Description
Introducing 11300 Iron Bridge Road, a strategically located commercial property in Chester, VA, boasting 6,120 sq. ft. of space on highly traveled Route 10 (25,000 ADT). This versatile property offers 1,056 to 1,876 sq. ft. for immediate owner-user occupancy, with potential to expand to the full building use over time or keep income-generating units. The parcel includes additional land at the rear that can be developed, providing an opportunity to create new building frontage facing Iron Bridge Road. The building's interior is easily reconfigurable, as all walls are non-load bearing, allowing for flexible use and layout adjustments. Currently generating over $73,000 annually from current tenants including Chesterfield County, Midpoint Chiropractic, Peds First Healthcare, and Hi Tech Dental Lab, this opportunity presents a desirable owner-user investment opportunity with current below-market rental rates poised for future re-negotiation. Recent capital improvements include a new HVAC unit for Suite E, PVC flat roof membrane, mansard roof shingles, and a freshly repaired, sealed, and re-striped parking lot, ensuring operational efficiency and curb appeal. Positioned amidst major upcoming developments like Courthouse Landing and Attain at Swift Creek Apartments, and in proximity to I-95 and I-288, the property offers unparalleled accessibility to retail and residential hubs. Ideal for office and medical users looking for a prime location in the Route 10 corridor while also enjoying income generation from stabilized tenants. This property promises both immediate utility and long-term growth potential in Chester, VA's burgeoning commercial landscape.
Exterior Features

Construction Materials Brick Levels One Lot Features Level Road Responsibility Public Maintained Road Roof Flat Other Shingle Topography Level

Interior Features

Basement YN No Building Area Total 6120 Heating Zoned Heating YN Yes

Property Features

Accessibility Features Accessibility Features Leasable Area 6120 Lease Considered YN No Ownership Investment Owner- User Possible Use Medical / Dental Property Condition Good Condition Sewer Septic Tank Water Source Public Year Built Details Actual Zoning Description R7

Central Virginia Regional MLS logo Listing provided by Real Broker LLC: (855) 450-0442. Listing information © 2024 CVRMLS and CBRAR.


Central Virginia Regional MLS logo All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-07-25T10:57:47.703.
 
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Kevin Currie Group | Hometown Realty
3027 W. Cary St.
Richmond VA, 23221