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Investment Highlights

  • Centrally Located in Chesapeake
  • Abundant Parking
  • Fenced Yard with Garage

Executive Summary

PURCHASE PRICE: $835,000
BUILDING SIZE: 3,400 SF
LOT SIZE: 16,950 SF OR 0.39 ACRES
MULTI-TENANT OFFICE / FLEX PROPERTY WITH SEVEN (7) RENTABLE UNITS RANGING FROM 350 SF UP TO 1,200 SF
TWO UNITS ARE CURRENTLY VACANT. UNIT E (350 SF) AND UNIT F (1,200 SF) ARE AVAILABLE IMMEDIATELY FOR OWNER OCCUPANT
SUITE F INCLUDES PAVED AND SECURE FENCED YARD WITH ONE OVERHEAD DOOR IN REAR OF PROPERTY WHICH IS AVAILABLE IMMEDIATELY FOR OWNER OCCUPANT
CURRENT MONTHLY RENT RECEIVED: $4,600 PER MONTH
BRAND NEW ROOF, NEW HVAC, NEW EXTERIOR PAINT, NEW FENCING WITH BARBED WIRE AND ALL UNITS HAVE BEEN FULLY RENOVATED WITHIN THE LAST THREE YEARS

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
3,400 SF
Building Class
C
Year Built
1974
Price
$835,000
Price Per SF
$245.59
Percent Leased
65%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,400 SF
Building FAR
0.20
Lot Size
0.39 AC
Zoning
B2
Parking
25 Spaces (7.35 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Reception
  • Storage Space
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl - F
  • 1,200 SF
  • Flex
  • Full Build-Out
  • Now

Centrally located office / garage space with fenced in paved lot. One overhead garage door and a shed in the rear. One large reception / office and one private office and one garage area. Two bathrooms. Interior completely renovated in past 30 days.

Space Size Space Use Build-Out Available
1st Fl - F 1,200 SF Flex Full Build-Out Now

1st Fl - F

Size
1,200 SF
Space Use
Flex
Build-Out
Full Build-Out
Available
Now

1st Fl - F

Size 1,200 SF
Space Use Flex
Build-Out Full Build-Out
Available Now

Centrally located office / garage space with fenced in paved lot. One overhead garage door and a shed in the rear. One large reception / office and one private office and one garage area. Two bathrooms. Interior completely renovated in past 30 days.

Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
0206001001650
Land Assessment
$135,500
Improvements Assessment
$190,100
Total Assessment
$325,600
  • Listing ID: 42040886

  • Date on Market: 9/3/2026

  • Last Updated:

  • Address: 1806 Hayward Ave, Chesapeake, VA 23320

Contact the Sale Advisor

1806 Hayward Ave

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