For Sale
$485,000

1205 Bainbridge Blvd Chesapeake, VA 23324

High-yield, fully occupied, prime location.

Overview

Added:
Feb 3
Days on market:
81
This exceptional investment opportunity presents a fully occupied mixed-use building located at 1205-1207 Bainbridge Boulevard in Chesapeake, Virginia. The property sits on a 0.16-acre lot and comprises a ground-floor commercial space currently leased to a stable tenant, and three residential units on the upper floors. All units are currently occupied, providing immediate and consistent income generation. The building is well-maintained and boasts a strong rental history, demonstrating its appeal and profitability. Ample parking is available on the side and rear of the building, providing convenient access for both commercial tenants and residential occupants. Its strategic location near major interstates offers easy access to Downtown Norfolk, a significant advantage for both commercial operations and residential living. The proximity to shopping, dining, and business centers further enhances the property's desirability and potential for continued strong rental income. This property represents a rare opportunity to acquire a stable, income-producing asset in a high-demand area, making it an ideal addition to any investment portfolio. The asking price is $485,000.

Property Details for 1205 Bainbridge Blvd

Property type
Commercial real estate
Year Built
1904
Lot Size (sq. ft)
6,970 SF

Location Insight

City
Chesapeake
County
CHESAPEAKE
State
Virginia
Latitude
36.81475
Longitude
-76.27839

FAQs

What type of property is this?
Commercial real estate - High-yield, fully occupied, prime location.
Where is the commercial real estate located?
The property is located at 1205 Bainbridge Blvd Chesapeake, VA.
What is the asking price?
The asking price for this property is $485,000.
How can I contact the broker?
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1205 Bainbridge Blvd
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