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Multi-Tenant Office Building
For Sale
Contact for pricing
Pending

11923 Centre St, Chester, VA 23831

Two-story office property with a finished basement, separately metered suites, and flexible occupancy options.

Property Size8,706 SF
Lot Size0.61 Acres
Days on Market141

Property Features for 11923 Centre St

General Information

Standard status Pending
Size 8,706 SF
Lot size 0.61 Acres
Property subtype Office
Zoning C3

Additional Details

Office Units 5

Building Details

Buildings 1
Stories 2
Building Size 8,706 SF
Tenancy Multi
Listing Agency: Happy Hill Realty & Property Services
Listed By: Donna Hobbs · License #0225054641
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 10:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Happy Hill Realty & Property Services

Investment Insights

Based on property information with market context.

Located at 11923 Centre St in Chester Village Green, this 8,706-square-foot office property includes two stories and a full finished basement. The building is configured as five separately metered units, with ample parking and 1,280 SF available for lease.

The property is zoned C3 and sits within a walkable community featuring homes, apartments, shops, restaurants, banks, Walgreens, the Chester Library, and the Perkinson Center for the Arts. Existing tenants occupy short-term leases, supporting a range of future occupancy and renovation plans for an owner-user, investor, or redevelopment-oriented buyer.

Key Highlights

  • 8,706 sqft multi‑tenant office building
  • Five separately metered units across two stories and a full finished basement
  • 1,280 SF available for lease

Property Analytics

Current Use

Clarity Hearing, Inc Hearing Aid Store Building Bridges Therapeutic ... Counselor Sunzraye McCargo, Prestige ... Real Estate Agency Joy Drumgold Terry Physician Kelly's Sewing Room (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Computer & Electronic Repair Big Box & Wholesale Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

545
Businesses Nearby

Demographics for 23831, VA

37,216
Population
15,430
Households
2.4
Avg Household Size
40
Median Age
37%
College-Educated
94%
High-School Grad
23.6 sq mi
ZIP Area
1,577
Density / Sq Mi
$92,092
Median Household Income
$52,114
Median Earnings
$1,560
Median Rent
$300,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Two-story office property with a finished basement, separately metered suites, and flexible occupancy options.
Where is this office building located?
The property is located at 11923 Centre St Chester, VA.
What are key features of this property?
This property features: 8,706 sqft multi‑tenant office building; Five separately metered units across two stories and a full finished basement; 1,280 SF available for lease
(804) 687-5370 Call to check price and availability
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