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1220 Executive Blvd - Executive Business Park 2,200 SF Flex Condo Unit Offered at $396,000 in Chesapeake, VA 23320
Investment Highlights
- Recently renovated condominium featuring new roof and updated exterior painting.
- ±1,100 SF warehouse equipped with two gas heaters, high ceiling clearance, and grade-level overhead doors.
- Proximity to Greenbrier Market Center and numerous national retailers provides abundant nearby amenities.
- ±1,100 SF office area with reception space, four offices, kitchenette, and restroom.
- Convenient access to Volvo Parkway, Greenbrier Parkway, and major commercial hubs.
- Ample on-site parking with newly paved and striped lot.
Executive Summary
This ±2,200 SF industrial flex condominium presents a unique opportunity for owner-users or investors in Chesapeake’s Greenbrier business district. The space combines modern office functionality with warehouse efficiency, making it an excellent fit for a variety of operational needs. The office portion consists of a reception area, four private offices, a kitchenette, and restroom facilities. The warehouse portion features two gas heaters, two 12' x 14' grade-level overhead doors, and two 200-amp service panels with an 18' ceiling height, offering outstanding utility for storage, light manufacturing, or service-oriented businesses. The property has been recently improved with a new roof and exterior painting, along with a newly paved and striped parking lot. Its convenient location offers immediate access to Volvo Parkway and Greenbrier Parkway, with proximity to major highways, retail amenities, and residential communities. Nearby neighbors include Dollar Tree headquarters, ALDI, Sentara, Barnes & Noble, and an extensive lineup of national tenants at Greenbrier Market Center. Strong local demographics and traffic counts make this a compelling option for businesses seeking a well-located, multi-functional space in one of Hampton Roads’ most active commercial corridors. Priced at $396,000 “as-is,” this asset combines affordability with operational versatility.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User |
| Sale Type | Owner User |
The warehouse area is equipped with two grade-level 12' x 14' overhead doors, two 200-amp service panels, and an 18-foot ceiling height to accommodate heavy-duty storage and logistics needs. Recent updates include a new roof, exterior paint, and a newly paved and striped parking area, minimizing future capital expenditures. On-site condominium management ensures building upkeep, security, and essential services such as water, sewer, and landscaping. Situated near Greenbrier Parkway and Volvo Parkway, the property offers easy highway access and proximity to major retail, dining, and service amenities, making it an advantageous location for business operations.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 113-114 | 2,200 SF | Flex | $396,000 ($180.00/SF) | - |
Unit 113-114
| Unit Size |
| 2,200 SF |
| Condo Use |
| Flex |
| Price |
| $396,000 ($180.00/SF) |
| NOI |
| - |
Unit 113-114
| Unit Size | 2,200 SF |
| Condo Use | Flex |
| Price | $396,000 ($180.00/SF) |
| NOI | - |
| Sale Type | Owner User |
| Description | |
| This ±2,200 SF office/warehouse condominium in Chesapeake offers a rare opportunity for owner-users or investors seeking a functional, well-maintained flex property. The space is designed with operational efficiency in mind, featuring a balanced layout of 1,100 SF office space and 1,100 SF warehouse area. The office section includes a welcoming reception area, four private offices, a bathroom, and a kitchenette, supporting a variety of business operations.<br> <br> The warehouse area is equipped with two grade-level 12' x 14' overhead doors, two 200-amp service panels, and an 18-foot ceiling height to accommodate heavy-duty storage and logistics needs. Recent updates include a new roof, exterior paint, and a newly paved and striped parking area, minimizing future capital expenditures. On-site condominium management ensures building upkeep, security, and essential services such as water, sewer, and landscaping. Situated near Greenbrier Parkway and Volvo Parkway, the property offers easy highway access and proximity to major retail, dining, and service amenities, making it an advantageous location for business operations.</li></ul> | |
| Sale Notes | |
| Asking price: $396,000 “as-is.”</li></ul> |
Property Facts
Amenities
- Air Conditioning
Utilities
- Gas
Contact the Sale Advisor
1220 Executive Blvd - Executive Business Park