801 Butler St - Light Manufacturing CONDO FOR SALE


Chesapeake, VA 23323- Deep Creek North
$515,500 USD
757-523-1900
801 Butler St, Chesapeake, VA for Sale
$515,500 USD
Light Manufacturing CONDO - FOR SALE
1/27
null | Request Cap Rate

801 Butler St
Chesapeake, VA 23323
Deep Creek North


OVERVIEW

801 Butler Street Units 58, 64, and 65 present an opportunity to acquire a three-unit office and warehouse condominium portfolio in Chesapeake's established industrial market. The offering includes two contiguous office/warehouse condo units and one neighboring storage-focused unit, all being sold together as a single portfolio. The combined property totals approximately 6,420 square feet and is zoned M-1 (Light Industrial), allowing for a variety of industrial and business uses. The office component features a functional two-story layout designed to support administrative, operational, and collaborative business needs. The first floor includes office or storage rooms, a break room, restroom, storage closet, and secured warehouse access. The second floor provides three executive office areas, two large open spaces suitable for conference, training, or multi-workstation use, along with additional break room, restroom, and storage areas. Recent interior improvements include new flooring, kitchen upgrades, carpeting, and additional interior updates. The warehouse and storage areas offer practical operational features including multiple grade-level loading doors, dedicated storage areas, and convenient access between office and warehouse components. Unit 58 provides a two-story storage configuration with a grade-level garage door and accessible plumbing infrastructure. The property also benefits from dedicated parking, front and rear entry points, and multiple loading positions. Located just off South Military Highway with convenient access to Interstates 64, 464, and 264, the property offers connectivity throughout Hampton Roads and access to regional industrial, distribution, and business centers. The combination of office functionality, warehouse utility, and transportation access positions the asset for owner-users seeking operational flexibility.

FOR SALE DETAILS

PRICE

$515,500 USD

PRICE/SF

$80 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

43,476 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

135

LAND DETAILS

LAND ACRES

2.85 AC

LAND SF

124,146 SF

ZONING

M-1

APN/PARCEL ID

0252014000000,0252014000120,0252014000130,0252014000580,0252014000640,0252014000650

ASK ABOUT THIS PROPERTY

Shannon StidhamRiddle Associates, Inc.More Info
757-523-1900

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Shannon StidhamRiddle Associates, Inc.More Info
757-523-1900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.