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Office Building with Backup Generators
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For Sale
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1504 Chestnut Street, Clifton Forge, VA 24422

B-1 zoning supports varied commercial uses, with private offices and dedicated break, lunch, and locker room facilities.

Property Size7 SF
Lot Size7.65 Acres
Days on Market3

Property Features for 1504 Chestnut Street

General Information

Standard status Active
Size 7 SF
Lot size 7.65 Acres
Property subtype Office
Zoning B-1
Occupancy 100%

Amenities

private offices
break room
lunch room
locker room facilities with showers
on-site electrical back-up generators
Listing Agency: CBRE | Richmond
Listed By: Chris Wallace
Source: Cbre
Added: Aug 21 Changed: Aug 22 Last Checked: Aug 23 at 4:49AM

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 CBRE | Richmond

Investment Insights

Based on property information with market context.

This office property is fully leased through November 2027 and is configured with private offices, a break room, a lunch room, and a locker room with showers. On-site electrical backup includes 250 kW and 125 kW generators to support the building’s power needs.

The property occupies a 7.65-acre parcel at 1504 Chestnut Street in Clifton Forge, Virginia. B-1 zoning, identified as a General Business District, supports a broad range of commercial uses. The substantial site also provides potential for future development, expansion, or an alternative use of the land.

Key Highlights

  • Fully leased through November 2027
  • 7.65‑acre parcel at 1504 Chestnut Street in Clifton Forge, VA 24422
  • B‑1 (General Business District) zoning

Property Analytics

Current Use

E-ZPass Customer Service ... Telecommunications Service

Suggested Use

Top Pick Law Firm Dental Office Auto Parts Store Real Estate Agency Hair Salon Building Supply

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

97
Businesses Nearby

Demographics for 24422, VA

5,821
Population
2,882
Households
2
Avg Household Size
49
Median Age
19%
College-Educated
90%
High-School Grad
79.5 sq mi
ZIP Area
73
Density / Sq Mi
$48,235
Median Household Income
$36,736
Median Earnings
$691
Median Rent
$114,400
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 - B-1 zoning supports varied commercial uses, with private offices and dedicated break, lunch, and locker room facilities.
Where is this office building located?
The property is located at 1504 Chestnut Street Clifton Forge, VA.
What are key features of this property?
This property features: Fully leased through November 2027; 7.65‑acre parcel at 1504 Chestnut Street in Clifton Forge, VA 24422; B‑1 (General Business District) zoning
More about this property
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