Chester, VA 23831,11300 Iron Bridge RD
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Chester, VA 23831,11300 Iron Bridge RD
Chester, VA 23831,11300 Iron Bridge RD
Chester, VA 23831,11300 Iron Bridge RD
Chester, VA 23831,11300 Iron Bridge RD
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$ 1,150,000
Est. payment /mo
Active

11300 Iron Bridge RD Chester, VA 23831

6,120 SqFt


UPDATED:

10/23/2024 05:30 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,120 sqft

Price per Sqft $187

MLS Listing ID 2417627

Construction Status Actual

HOA Y/N No

Year Built 1984

Lot Size 1.004 Acres

Acres 1.004

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.

Location

State VA

County Chesterfield

Area 54 - Chesterfield

Interior

Heating Zoned

Exterior

Roof Type Flat,Other,Shingle

Topography Level

Handicap Access Accessibility Features

Building

Lot Description Level

Building Description Brick, Multi-Tenant,No Elevators

Story 1

Sewer Septic Tank

Water Public

Level or Stories One

Structure Type Brick

Construction Status Actual

Others

Tax ID 773-65-68-03-600-000

Ownership ,Investment,Owner-User


Central Virginia Regional MLS (CVR MLS)
Listed by Real Broker LLC

Chris Jewell

REALTOR® | License ID: 0225057639

+1(804) 937-2442

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