11300 Iron Bridge RD Active

Chester,VA 23831

$ 1150000

- Bed

0 Bath

6120 SqFt


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

Now For Sale and For Lease! 11300 Iron Bridge Road, a strategically located commercial property in Chester, VA, boasting 6,120 sq. ft. of space on highly traveled Iron Bridge Rd (Route 10 - 25,000 ADT). This versatile property offers 820 to 3066 sq. ft. for immediate owner-user occupancy, with potential to expand to the full building use over time or sustaining 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. Current tenants include Chesterfield County (Suite A) and Hi Tech Dental Lab (Suite E). This opportunity presents a desirable owner-user investment opportunity with current below-market rental rates poised for future re-negotiation. Suites B, C and D are currently available for lease at $20/rsf gross + utilities. Maximum available space for lease or owner-user occupancy represents 51% of the property (an additional ~104rsf common entrance can be added to GLA). Recent capital improvements include a new HVAC unit for Suite E, 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

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